Insurance

Actuary

Gross salary in Sweden is

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80% of people earn:

401K - 1.3M SEK

10% earn less lthan 401K SEK

10% earns more than 1.3M SEK

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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 Sweden earn between 400,584 SEK and 1,288,212 SEK annually gross.

10% of employees earn less than 400,584 SEK and 10% of people earn more than 1,288,212 SEK.

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

74. place

Women representation in position

n/a

Average age of respondent by position

n/a

812. place

Nursery School Teacher Assistant

Education, Science & Research

276,000 - 379,068 SEK

75. place

Mechanization Manager

Mechanical Engineering

583,416 - 1,039,980 SEK

74. place

Actuary

Insurance

400,584 - 1,288,212 SEK

73. place

IT Business Analyst

Information Technology

518,640 - 1,135,644 SEK

1. place

Chief Executive Officer

Top Management

832,152 - 2,912,196 SEK

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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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