- Salary statistics
- Actuary, insurance company
Actuary, insurance company salary
55 500 - 72 700 kr / month
Women earn 100% of what men do.
Naturvetenskapligt arbete
Salary progression Actuary, insurance company
Occupational Profile: Actuary in Insurance Companies
Actuaries are specialists in risk management, utilizing mathematical and statistical methods to analyze and solve problems within the insurance and finance industry. In insurance companies, actuaries play a crucial role in assessing risks, developing premium systems, and ensuring the company is financially stable to meet future demands.
Salary Statistics and Development
The average salary for an actuary in insurance companies is 69 900 SEK per month. There is an observable difference in salaries between genders, where men earn an average of 69 900 SEK while women earn 70 000 SEK, meaning that women earn 100% of what men do. Compared to the previous year, the average salary has increased from 67 200 SEK, indicating a positive salary development for the profession.
Education and Qualifications
To qualify as an actuary, an academic degree in mathematics, statistics, actuarial science, or economics is often required. Many actuaries also hold advanced degrees and relevant certifications that enhance their expertise and credibility in the field. Ongoing professional development is crucial, and many insurance companies offer paid further education to ensure their actuaries stay updated with the latest methods and regulations.
Labor Market and Conditions
The job market for actuaries is competitive and demands high competence in mathematics and statistics. The ability to analyze large datasets and create models to predict financial outcomes is central to the profession. A successful actuary is also often adept at problem-solving and possesses good communication skills, as they must be able to explain complex mathematical concepts and results to non-specialists.
Professional Role and Responsibilities
An actuary in an insurance company often works on developing and reviewing insurance products, assessing risks and probabilities for different scenarios, and preparing financial reports and strategies to manage potential losses. The actuary's analyses help stabilize the insurance company's finances and contribute to the design of fair and financially sustainable premium systems.
Key Traits and Skills
To succeed as an actuary, it is important to have a strong analytical ability and a good understanding of both mathematics and business principles. The ability to work under pressure and handle complex and extensive datasets is also crucial. Communication skills are vital, as one must be able to present and explain their analyses and conclusions clearly.
Summary
Working as an actuary in an insurance company is both challenging and rewarding, with excellent opportunities for professional development and a salary progression that reflects the high level of expertise required. With the right education and skills, this profession can open doors to a stable and dynamic career within the finance sector.
Salary distributed by age and sector
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 56900 kr | 57500 kr | |
35-44 | 75300 kr | 76200 kr | |
Snitt | 100% | 69100 kr | 69900 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
35-44 | 56300 kr | 57100 kr | |
Snitt | 56700 kr | 57200 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
35-44 | 56300 kr | 57100 kr | |
Snitt | 56700 kr | 57200 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 56900 kr | 57500 kr | |
35-44 | 75700 kr | 76500 kr | |
Snitt | 100% | 69200 kr | 70100 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 56900 kr | 57500 kr | |
35-44 | 75700 kr | 76500 kr | |
Snitt | 100% | 69200 kr | 70100 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 57600 kr | 58200 kr | |
35-44 | 75600 kr | 76500 kr | |
Snitt | 100% | 69100 kr | 69900 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
35-44 | 56300 kr | 57100 kr | |
Snitt | 58400 kr | 59000 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
35-44 | 56300 kr | 57100 kr | |
Snitt | 58400 kr | 59000 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 57600 kr | 58200 kr | |
35-44 | 76100 kr | 77000 kr | |
Snitt | 100% | 69200 kr | 70100 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
25-34 | 57600 kr | 58200 kr | |
35-44 | 76100 kr | 77000 kr | |
Snitt | 100% | 69200 kr | 70100 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
Snitt | 100% | 69100 kr | 70000 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
Snitt | 100% | 69200 kr | 70100 kr |
Age | Base salary | Monthly salary | |
---|---|---|---|
Snitt | 100% | 69200 kr | 70100 kr |
About the data
All information displayed on this page is based on data from the Swedish Central Bureau of Statistics (SCB), the Swedish Tax Agency and the Swedish employment agency. Learn more about our data and data sources here.
All figures are gross salaries, meaning salaries before tax. The average salary, or mean salary, is calculated by adding up the total salary for all individuals within the profession and dividing it by the number of individuals. For specific job categories, we have also considered various criteria such as experience and education.
Profession Actuary, insurance company has the SSYK code 2121, which we use to match against the SCB database to obtain the latest salary statistics.
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