Insurance

Actuary

Average netto salary for this position in Lithuania is

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80% of people earn:

1,493 - 3,833 EUR

10% earn less lthan 1,493 EUR

10% earns more than 3,833 EUR

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What does the data in the graph mean?

Salaries in the survey are expressed in net.

Based on the Manoalga.lt salary survey, 80% of people on the Actuary position in the Lithuania earn between 1,493 EUR and 3,833 EUR monthly net.

10% of employees earn less than 1,493 EUR and 10% of people earn more than 3,833 EUR.

The survey is based on data from employees, cleaned of extreme and duplicate values.

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

110. place

Women representation in position

100%

Average age of respondent by position

663. place

Security Guard

Security & Protection

765 - 1,238 EUR

111. place

Leasing Consultant

Leasing

110. place

Actuary

Insurance

1,493 - 3,833 EUR

109. place

Personnel Manager

Top Management

1,407 - 3,607 EUR

1. place

Pilot

Transport, Haulage, Logistics

1,644 - 8,451 EUR

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The salary report contains:

Salary for the position by region, education, experience, company size, age
Distribution of respondents into wage bands
Salary range from 1st to 9th decile
A breakdown of all monitored non-financial benefits
Analysis of financial benefits

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