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Actuarial Technician salary in Australia

Average Yearly Salary of Actuarial Technician in Australia is approximately 129,175 AUD (64,932 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 Technician do?

occupation personasAn actuarial technician is a professional who supports actuaries in their work of assessing and managing financial risks. They collect and analyze data, perform calculations, and help develop statistical models to evaluate the probability of events such as accidents, illnesses, or deaths. Actuarial technicians also assist in the preparation of reports and presentations, ensuring that they are accurate and comply with industry regulations.

Skills: Actuarial analysis, Risk management, Statistical modeling, Data analysis, Financial forecasting, Compliance.
Job industry: Insurance


How much does Actuarial Technician make?

Salary details
How much does Actuarial Technician make?
Estimated Yearly Salary: 129,175 AUD
Estimated Monthly Salary: 10,765 AUD
Estimated Weekly Salary: 2,484 AUD per week
Estimated Hourly Salary: 62 AUD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 125,150 AUD
Estimated Monthly Salary: 10,429 AUD
Estimated Weekly Salary: 2,407 AUD per week
Estimated Hourly Salary: 60 AUD per hour
Last revision of data: 2024-01-05



Actuarial Technician estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 64,932 USD
Estimated Monthly Salary: 5,411 USD
Estimated Weekly Salary: 1,249 USD per week
Estimated Hourly Salary: 31 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

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.

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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 Technician job salary compared to average salary in Australia.
Comparison shows that a person working as Actuarial Technician in Australia earns on average:
1.53 times the average salary (or 153% of average salary).

Is Actuarial Technician a well paid job?

Yes, our data shows that Actuarial Technician 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 Technician?

High salary for Actuarial Technician would be somewhere between 142,093 AUD and 187,304 AUD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Actuarial Technician 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: 129,175 AUD
Estimated Monthly Salary: 10,765 AUD
Estimated Weekly Salary: 2,484 AUD per week
Estimated Hourly Salary: 62 AUD per hour
By working as Actuarial Technician a person can save up to 2,994 USD per month or 35,926 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 Technician

Indonesia is 11,382 USDdown arrow 82%
Details on Actuarial Technician salary in Indonesia
East Timor is 48,085 USDdown arrow 26%
Details on Actuarial Technician salary in East Timor
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Australia

(1,263,730 AUD per year, pre-tax.)
(1,046,644 AUD per year, pre-tax.)
(1,011,540 AUD per year, pre-tax.)
(985,848 AUD per year, pre-tax.)
(982,803 AUD per year, pre-tax.)
(961,472 AUD per year, pre-tax.)
(960,386 AUD per year, pre-tax.)
(959,337 AUD per year, pre-tax.)
(958,953 AUD per year, pre-tax.)
(958,802 AUD per year, pre-tax.)

Data as of 2025

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