Home > Salary > Australia > Actuarial Analyst
An actuarial analyst is a professional who uses mathematical and statistical techniques to analyze and assess potential risks in various industries, primarily insurance and finance. They collect and analyze data, develop models and algorithms, and interpret findings to provide insights and recommendations for decision-making. Actuarial analysts are responsible for estimating the probability and potential impact of certain events, such as accidents, illnesses, or natural disasters, on the financial stability of organizations. They also help design and price insurance policies, evaluate investment strategies, and ensure regulatory compliance.
Estimated Yearly Salary: 159,805 AUD
Estimated Monthly Salary: 13,317 AUD
Estimated Weekly Salary: 3,073 AUD per week
Estimated Hourly Salary: 77 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,844 AUD
Estimated Weekly Salary: 2,964 AUD per week
Estimated Hourly Salary: 74 AUD per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 79,593 USD
Estimated Monthly Salary: 6,633 USD
Estimated Weekly Salary: 1,531 USD per week
Estimated Hourly Salary: 38 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 159,805 AUD
Estimated Monthly Salary: 13,317 AUD
Estimated Weekly Salary: 3,073 AUD per week
Estimated Hourly Salary: 77 AUD per hour
By working as Actuarial Analyst a person can save up to 4,216 USD per month or 50,587 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Estimated Yearly Salary for Actuarial Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Actuarial Analyst salary in Australia
Average Yearly Salary of Actuarial Analyst in Australia is approximately 159,805 AUD (79,593 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Actuarial Analyst do?
An actuarial analyst is a professional who uses mathematical and statistical techniques to analyze and assess potential risks in various industries, primarily insurance and finance. They collect and analyze data, develop models and algorithms, and interpret findings to provide insights and recommendations for decision-making. Actuarial analysts are responsible for estimating the probability and potential impact of certain events, such as accidents, illnesses, or natural disasters, on the financial stability of organizations. They also help design and price insurance policies, evaluate investment strategies, and ensure regulatory compliance.
Skills: actuarial analysis, risk assessment, statistical modeling, data analysis, insurance industry, financial analysis
Job industry: Insurance
Job industry: Insurance
How much does Actuarial Analyst make?
Salary details
How much does Actuarial Analyst make?Estimated Yearly Salary: 159,805 AUD
Estimated Monthly Salary: 13,317 AUD
Estimated Weekly Salary: 3,073 AUD per week
Estimated Hourly Salary: 77 AUD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 154,132 AUDEstimated Monthly Salary: 12,844 AUD
Estimated Weekly Salary: 2,964 AUD per week
Estimated Hourly Salary: 74 AUD per hour
Last revision of data: 2024-01-06Actuarial Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 79,593 USD
Estimated Monthly Salary: 6,633 USD
Estimated Weekly Salary: 1,531 USD per week
Estimated Hourly Salary: 38 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Australia is a vast country located in the southern hemisphere. It has a diverse population of approximately 25 million people. The country spans an area of about 7.7 million square kilometers, making it the sixth-largest country in the world. Australia is surrounded by the Indian and Pacific Oceans and is known for its stunning landscapes, including the Great Barrier Reef, Uluru, and the Outback.
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Analyst job salary compared to average salary in Australia.
Comparison shows that a person working as Actuarial Analyst in Australia earns on average:
1.9 times the average salary (or 190% of average salary).
Estimated national average yearly salary is 84,179 AUD (60,430 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Analyst job salary compared to average salary in Australia.
Comparison shows that a person working as Actuarial Analyst in Australia earns on average:
1.9 times the average salary (or 190% of average salary).
Is Actuarial Analyst a well paid job?
Yes, our data shows that Actuarial Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Actuarial Analyst?
High salary for Actuarial Analyst would be somewhere between 175,786 AUD and 231,717 AUD. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Analyst in Australia?
Living in Australia the approximate monthly expenses are: 2,417 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 159,805 AUD
Estimated Monthly Salary: 13,317 AUD
Estimated Weekly Salary: 3,073 AUD per week
Estimated Hourly Salary: 77 AUD per hour
By working as Actuarial Analyst a person can save up to 4,216 USD per month or 50,587 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Australia, see costs of living in Australia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Indonesia, Papua New Guinea, East Timor. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Actuarial Analyst
Indonesia is 14,018 USD
East Timor is 59,503 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Australia
(1,263,730 AUD per year, pre-tax.)
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4. Neurosurgeon
(985,848 AUD per year, pre-tax.)
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(961,472 AUD per year, pre-tax.)
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8. Oncologist
(959,337 AUD per year, pre-tax.)
9. Urologist
(958,953 AUD per year, pre-tax.)
10. Plastic surgeon
(958,802 AUD per year, pre-tax.)
Data as of 2025Random salary:
Neonatal intensive care unit nurse (139,106 AUD per year, pre-tax.)
Animal caretaker supervisor (67,186 AUD per year, pre-tax.)
Airport firefighter (136,125 AUD per year, pre-tax.)
English for speakers of other languages (esol), teacher (72,394 AUD per year, pre-tax.)
Advisory title officer (179,204 AUD per year, pre-tax.)
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