An Actuary in Dublin, Dublin earns an average salary of €61,463 per year. Most people move on to other jobs if they have more than 20 years' experience in this career.

€35,110 - €98,885
€35K
€61K
€99K
MEDIAN: €61,463
10%
50%
90%
€0€102K
Salary €35,110 - €98,885
Bonus €1,034 - €14,899
Profit Sharing €300
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).
)
€35,764 - €102,706
  • Country: Ireland
  • Currency: EUR
  • Updated: 11 Jan 2018
  • Individuals Reporting: 95

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 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 €47,000 based on 55 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 €75,000 based on 47 salaries. An experienced Actuary which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of €97,000 based on 14 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 €92,000 based on 8 salaries.

Key Stats for Actuary

Gender

Female
30 %
Male
70 %
Less than 1 year
6%
1-4 years
30%
5-9 years
45%
10-19 years
10%
20 years or more
8%

Experience Affects Actuary Salaries

▲49%

▲42%

▲15%

National Average
€65,000

▼28%

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
6%
1-4 years
30%
5-9 years
45%
10-19 years
10%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 62%
dental benefits
Dental: 25%
vision benefits
Vision: 6%
no benefits
None: 38%