Insurance

Actuary

Average net monthly salary - Romania

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80% of people earn:

1,110 - 3,426 USD

10% earn less lthan 1,110 USD

10% earns more than 3,426 USD

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What does the data in the graph mean?

Salaries in the survey are expressed in gross.

Based on the Paylab.ro salary survey, 80% of people on the Actuary position in the Romania earn between 1,110 USD and 3,426 USD monthly net.

10% of employees earn less than 1,110 USD and 10% of people earn more than 3,426 USD.

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

Description of the 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

121. place

Women representation in position

100%

Average age of respondent by position

762. place

School Caretaker

Education, Science & Research

926 - 1,145 USD

122. place

Chef

Tourism, Gastronomy, Hotel Business

926 - 4,100 USD

121. place

Actuary

Insurance

1,110 - 3,426 USD

120. place

HR Manager

Management

1,067 - 3,543 USD

1. place

Chief Executive Officer

Top Management

1,718 - 8,640 USD

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Salary range from 1st to 9th decile
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Analysis of financial benefits

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