Salary data for country: Sweden
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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

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

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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

Salary group 1

276,000 - 379,068 SEK

75. place

Mechanization Manager

Mechanical Engineering

Salary group 2

583,416 - 1,039,980 SEK

74. place

Actuary

Insurance

Salary group 2

400,584 - 1,288,212 SEK

73. place

IT Business Analyst

Information Technology

Salary group 2

518,640 - 1,135,644 SEK

1. place

Chief Executive Officer

Top Management

Salary group 3

832,152 - 2,912,196 SEK

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