€51,640
Avg. Salary
€22.50
Avg. Hourly Rate

Average additional compensation:

€4,832

Bonus

€785

Profit Sharing

What am I worth?
How should I pay?

The average pay for an Actuary is €22.50 per hour.

The average pay for an Actuary is €51,640 per year.

€0.00
10%
€22.50
50%
€0.00
90%
MEDIAN €22.50
€34k
10%
€52k
50%
€98k
90%
MEDIAN €51,640
€33,574 - €97,844
€34K
€52K
€98K
MEDIAN: €51,640
10%
50%
90%
€0€99K
Salary €33,574 - €97,844
Bonus €988 - €10,455
Profit Sharing €784
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).
)
€33,572 - €99,984
  • Country: Ireland
  • Currency: EUR
  • Updated: 15 Feb 2019
  • Individuals Reporting: 125

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.

Read More...
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 Pay By Employer

$0$250K

Humana, Inc.
17 profiles
$109,760

$115,020

Mercer LLC
14 profiles
$100,700

Geico
10 profiles
$75,750

Prudential
8 profiles
$116,405

$130,401

Aetna, Inc.
8 profiles
$95,452

$80,643

$130,992

Anthem
6 profiles
$101,478

Actuary Job Listings

Pay by Experience Level for Actuary

Pay by Experience for an Actuary has a positive trend. An entry-level Actuary with less than 5 years of experience can expect to earn an average total compensation of €46,000 based on 83 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Actuary with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of €71,000 based on 65 salaries. An experienced Actuary which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of €80,000 based on 23 salaries. An Actuary with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of €98,000 based on 9 salaries.

Pay Difference by Location

18%

National Average: €53,561

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

Related Job Salaries

Key Stats for Actuary

Gender

Female
31 %
Male
69 %
Less than 1 year
8%
1-4 years
34%
5-9 years
39%
10-19 years
14%
20 years or more
6%

Experience Affects Actuary Salaries

▲83%

▲49%

▲33%

National Average
€54,000

▼14%

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
8%
1-4 years
34%
5-9 years
39%
10-19 years
14%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 67%
dental benefits
Dental: 25%
vision benefits
Vision: 6%
no benefits
None: 30%