Insurance

Actuary

Gross salary in Gambia is

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80% of people earn:

120K - 420K GMD

10% earn less lthan 120K GMD

10% earns more than 420K GMD

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What does the data in the graph mean?

Salaries in the survey are expressed in gross.

Based on the Paylab.com salary survey, 80% of people on the Actuary position in the Gambia earn between 120,000 GMD and 420,144 GMD annually gross.

10% of employees earn less than 120,000 GMD and 10% of people earn more than 420,144 GMD.

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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The most common career path of an employee

The graphic shows how employees most often progress in their careers. Click on the name of the position to get to its detail with salary data.

Position Actuary - Insurance in the labour market

In the salary ranking,
the job position takes

101. place

Women representation in position

n/a

Average age of respondent by position

n/a

812. place

Cleaner

General labour

120,000 - 135,396 GMD

102. place

Mechanization Manager

Mechanical Engineering

146,484 - 381,240 GMD

101. place

Actuary

Insurance

120,000 - 420,144 GMD

100. place

Call Centre Manager

Management

120,000 - 439,728 GMD

1. place

Chief Executive Officer

Top Management

211,980 - 1,003,164 GMD

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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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