HK$982,635
Avg. Salary
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A Mid-Career Actuary earns an average salary of HK$982,635 per year.

HK$506,837 - HK$1,065,232
HK$510K
HK$980K
HK$1M
MEDIAN: HK$982,635
10%
50%
90%
HK$0HK$1M
Salary HK$506,837 - HK$1,065,232
Bonus HK$152,605
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$506,837 - HK$1,330,553
  • Country: Hong Kong
  • Currency: HKD
  • Updated: 14 Jul 2018
  • Individuals Reporting: 11

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$1,134,275

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

Key Stats for Actuary

Gender

Female
67 %
Male
33 %
5-9 years
36%
10-19 years
64%

Gender

Female
67 %
Male
33 %

Common Health Benefits

medical benefits
Medical: 100%
dental benefits
Dental: 64%
vision benefits
Vision: 27%
no benefits
None: