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Average netto salary for this position in Lithuania is
2,000
3,000
 
10% earn less 1,313 EUR
10% earns more 3,331 EUR
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Displayed value presents basic salary in the whole country. Salary amount is influenced by bonuses, regions and many other factors. Salaries are recalculated by official conversion rate 1 Eur = 3,4528 LTL.

Description of job position

  • Monitoring the insurance market, developing new products and proposing changes of existing products.
  • Formulating insurance contracts, insurance conditions and special arrangements.
  • Determining premium tariffs, the amount of technical provisions in life insurance and supplementary insurance.
  • Preparing and updating technical business plans and manuals.
  • Preparing documents for the implementation of changes related to product innovation in the information system.
  • Creating and updating computer programs for distribution networks, pricing, taxation and technical changes in life insurance.
  • Testing the profitability of products.
  • Preparing personalised insurance offers.
  • Preparing documents for the assessment of non-standard changes in life insurance.
  • Performing and ensuring activities related to financial funds in investment life insurance.
  • Preparing documentation and participating in conducting methodological trainings for distribution networks.
  • Preparing documentation for accounting, the National Bank of Slovakia, auditors, shareholders and other entities, preparing periodic reports for the reinsurer.
  • Providing expert consultation on life insurance products to other units of the company.

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Position Actuary - Insurance in the labour market

In the salary ranking,
the job position takes

Women representation in position

Average age of respondent by position

662. place

Porter, Information Staff

General labour

Salary group 1

570 - 1,245 EUR

161. place

Maintenance Supervisor

Management

Salary group 2

997 - 3,373 EUR

160. place

Actuary

Insurance

Salary group 2

1,313 - 3,331 EUR

159. place

Game designer

Information Technology

Salary group 2

1,259 - 3,016 EUR

1. place

Leasing Director

Leasing

Salary group 3

2,127 - 7,791 EUR

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  • Salary on position by region*, education, practice, business size
  • Total salary and its components* (variable component, commissions, rewards)
  • Responder distribution to payroll
  • Salary ranges expressed by 1st decile, 1st quartile, median, 3rd quartile, 9th decile, and average wage.
  • Detailed breakdown of all monitored non-financial benefits provided*
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  • * available when regression model is used