HK$964,308
Avg. Salary
HK$610
Avg. Hourly Rate

Average additional compensation:

HK$154,563

Bonus

HK$393,054

Profit Sharing

What am I worth?
How should I pay?

The average pay for an Actuary is HK$610 per hour.

The average pay for an Actuary is HK$964,308 per year.

10%
HK$0.00
10%
HK$610.42
50%
HK$0.00
90%
90%
MEDIAN HK$610.42
10%
HK$440k
10%
HK$964k
50%
HK$1m
90%
90%
MEDIAN HK$964,308
HK$439,675 - HK$1,324,407
HK$440K
HK$960K
HK$1M
MEDIAN: HK$964,308
10%
50%
90%
HK$0HK$2M
Salary HK$439,675 - HK$1,324,407
Bonus HK$81,094 - HK$525,272
Profit Sharing HK$393,054
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
HK$441,843 - HK$2,234,468
  • Country: Hong Kong
  • Currency: HKD
  • Updated: 18 Apr 2019
  • Individuals Reporting: 33

Job Description for Actuary

Actuaries play a key role in insurance companies by serving as analysts who help determine whether the company should issue an insurance policy and what the premium for that policy should be. They use a great deal of statistical analysis in their work, as they examine huge amounts of data related to costing and trends. Insurance companies must always maintain their financial health, and the role of the actuary is to manage risk in the delicate balance between issuing policies (and the costs paid for them) and the exposure to financial risk for the company.

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Actuary Tasks
  • Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.
  • May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.

Actuary Job Listings

Pay Difference by Location

National Average: HK$1,069,648

Larger city markers indicate a job is popular in that location.

Key Stats for Actuary

Gender

Female
40 %
Male
60 %
1-4 years
14%
5-9 years
31%
10-19 years
47%
20 years or more
8%

Gender

Female
40 %
Male
60 %

Years of Experience

1-4 years
14%
5-9 years
31%
10-19 years
47%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 81%
dental benefits
Dental: 48%
vision benefits
Vision: 23%
no benefits
None: 19%