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An actuary is a professional who uses mathematical and statistical methods to assess and manage risks in various industries, primarily in insurance and finance. Actuaries analyze data, develop models, and make predictions to help organizations make informed decisions regarding investments, pricing, and risk management. They use their expertise to evaluate the likelihood and potential impact of future events, such as accidents, natural disasters, or changes in market conditions. Actuaries also play a crucial role in designing insurance policies and pension plans, ensuring they are financially sustainable and provide adequate coverage.
Estimated Yearly Salary: 105,174 BHD
Estimated Monthly Salary: 8,765 BHD
Estimated Weekly Salary: 2,023 BHD per week
Estimated Hourly Salary: 51 BHD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,468 BHD
Estimated Weekly Salary: 1,954 BHD per week
Estimated Hourly Salary: 49 BHD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 35,158 USD
Estimated Monthly Salary: 2,930 USD
Estimated Weekly Salary: 676 USD per week
Estimated Hourly Salary: 17 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 105,174 BHD
Estimated Monthly Salary: 8,765 BHD
Estimated Weekly Salary: 2,023 BHD per week
Estimated Hourly Salary: 51 BHD per hour
By working as Actuary a person can save up to 2,215 USD per month or 26,585 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 Bahrain, see costs of living in Bahrain.
Estimated Yearly Salary for Actuary
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Echocardiographer (48,929 BHD per year, pre-tax.)
Vice president (vp), corporate communications (174,039 BHD per year, pre-tax.)
Evening anchor (50,603 BHD per year, pre-tax.)
Advertising broadcast producer (80,045 BHD per year, pre-tax.)
Sales planning manager (63,149 BHD per year, pre-tax.)
Actuary salary in Bahrain
Average Yearly Salary of Actuary in Bahrain is approximately 105,174 BHD (35,158 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 Actuary do?
An actuary is a professional who uses mathematical and statistical methods to assess and manage risks in various industries, primarily in insurance and finance. Actuaries analyze data, develop models, and make predictions to help organizations make informed decisions regarding investments, pricing, and risk management. They use their expertise to evaluate the likelihood and potential impact of future events, such as accidents, natural disasters, or changes in market conditions. Actuaries also play a crucial role in designing insurance policies and pension plans, ensuring they are financially sustainable and provide adequate coverage.
Skills: Actuary, Risk management, Insurance, Finance, Mathematics, Statistics
Job industry: Insurance
Job industry: Insurance
How much does Actuary make?
Salary details
How much does Actuary make?Estimated Yearly Salary: 105,174 BHD
Estimated Monthly Salary: 8,765 BHD
Estimated Weekly Salary: 2,023 BHD per week
Estimated Hourly Salary: 51 BHD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 101,619 BHDEstimated Monthly Salary: 8,468 BHD
Estimated Weekly Salary: 1,954 BHD per week
Estimated Hourly Salary: 49 BHD per hour
Last revision of data: 2024-01-02Actuary estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 35,158 USD
Estimated Monthly Salary: 2,930 USD
Estimated Weekly Salary: 676 USD per week
Estimated Hourly Salary: 17 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
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Country:
Salary comparison to National average
Bahrain is a small island country located in the Persian Gulf. It has a population of approximately 1.7 million people and covers an area of about 765 square kilometers. The country is known for its diverse population, with Bahrainis making up the majority, along with expatriates from various countries.
Estimated national average yearly salary is 47,329 BHD (17,860 USD). Value indicated is pre-tax. Below graph shows estimated Actuary job salary compared to average salary in Bahrain.
Comparison shows that a person working as Actuary in Bahrain earns on average:
2.22 times the average salary (or 222% of average salary).
Estimated national average yearly salary is 47,329 BHD (17,860 USD). Value indicated is pre-tax. Below graph shows estimated Actuary job salary compared to average salary in Bahrain.
Comparison shows that a person working as Actuary in Bahrain earns on average:
2.22 times the average salary (or 222% of average salary).
Is Actuary a well paid job?
Yes, our data show that Actuary is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Actuary?
High salary for Actuary would be somewhere between 115,691 BHD and 152,502 BHD. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuary in Bahrain?
Living in Bahrain the approximate monthly expenses are: 714 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: 105,174 BHD
Estimated Monthly Salary: 8,765 BHD
Estimated Weekly Salary: 2,023 BHD per week
Estimated Hourly Salary: 51 BHD per hour
By working as Actuary a person can save up to 2,215 USD per month or 26,585 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 Bahrain, see costs of living in Bahrain.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Qatar, United Arab Emirates, Iran. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Actuary
Saudi Arabia is 54,326 USD
Qatar is 138,357 USD
United Arab Emirates is 96,086 USD
Iran is 15,555 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 Bahrain
(558,713 BHD per year, pre-tax.)
2. Cardiologist
(465,639 BHD per year, pre-tax.)
(451,143 BHD per year, pre-tax.)
(434,438 BHD per year, pre-tax.)
5. Neurosurgeon
(434,281 BHD per year, pre-tax.)
(426,541 BHD per year, pre-tax.)
7. Urologist
(426,427 BHD per year, pre-tax.)
(425,832 BHD per year, pre-tax.)
9. Oncologist
(425,216 BHD per year, pre-tax.)
10. Plastic surgeon
(425,203 BHD per year, pre-tax.)
Data as of 2025Random salary:
Echocardiographer (48,929 BHD per year, pre-tax.)
Vice president (vp), corporate communications (174,039 BHD per year, pre-tax.)
Evening anchor (50,603 BHD per year, pre-tax.)
Advertising broadcast producer (80,045 BHD per year, pre-tax.)
Sales planning manager (63,149 BHD per year, pre-tax.)
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