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Actuarial Manager salary in Belgium

Average Yearly Salary of Actuarial Manager in Belgium is approximately 117,713 EUR (118,449 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 Manager do?

occupation personasAn actuarial manager is a professional responsible for managing and overseeing the actuarial function within an organization. They play a crucial role in assessing and managing risks, analyzing data, and providing insights to support strategic decision-making. Actuarial managers work closely with senior management and other stakeholders to develop and implement risk management strategies, ensuring the financial stability and profitability of the organization. Their key responsibilities include leading a team of actuaries, conducting complex statistical analyses, developing and maintaining actuarial models, collaborating with underwriters and claims professionals, and ensuring compliance with regulatory requirements. Actuarial managers also provide guidance on pricing, reserving, and investment strategies, as well as contribute to the development of new products and services.

Skills: Actuarial management, Risk assessment, Data analysis, Strategic decision-making, Financial stability, Regulatory compliance.
Job industry: Insurance


How much does Actuarial Manager make?

Salary details
How much does Actuarial Manager make?
Estimated Yearly Salary: 117,713 EUR
Estimated Monthly Salary: 9,809 EUR
Estimated Weekly Salary: 2,264 EUR per week
Estimated Hourly Salary: 57 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 114,128 EUR
Estimated Monthly Salary: 9,511 EUR
Estimated Weekly Salary: 2,195 EUR per week
Estimated Hourly Salary: 55 EUR per hour
Last revision of data: 2024-01-03



Actuarial Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 118,449 USD
Estimated Monthly Salary: 9,871 USD
Estimated Weekly Salary: 2,278 USD per week
Estimated Hourly Salary: 57 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

Belgium, a country located in Western Europe, is known for its rich history, diverse culture, and beautiful architecture. It has a population of approximately 11.5 million people and covers an area of around 30,528 square kilometers.

Estimated national average yearly salary is 46,314 EUR (48,700 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Manager job salary compared to average salary in Belgium.
Comparison shows that a person working as Actuarial Manager in Belgium earns on average:
2.54 times the average salary (or 254% of average salary).

Is Actuarial Manager a well paid job?

Yes, our data show that Actuarial Manager 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 Actuarial Manager?

High salary for Actuarial Manager would be somewhere between 129,484 EUR and 170,684 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Actuarial Manager in Belgium?

Living in Belgium the approximate monthly expenses are: 1,948 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: 117,713 EUR
Estimated Monthly Salary: 9,809 EUR
Estimated Weekly Salary: 2,264 EUR per week
Estimated Hourly Salary: 57 EUR per hour
By working as Actuarial Manager a person can save up to 7,923 USD per month or 95,073 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 Belgium, see costs of living in Belgium.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Netherlands, Germany, Luxembourg, France.
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 Manager

Netherlands is 139,004 USDup arrow 17%
Details on Actuarial Manager salary in Netherlands
Germany is 129,557 USDup arrow 9%
Details on Actuarial Manager salary in Germany
Luxembourg is 221,314 USDup arrow 87%
Details on Actuarial Manager salary in Luxembourg
France is 111,526 USDdown arrow 6%
Details on Actuarial Manager salary in France
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 Belgium

(507,961 EUR per year, pre-tax.)
(422,730 EUR per year, pre-tax.)
(408,012 EUR per year, pre-tax.)
(395,413 EUR per year, pre-tax.)
(394,642 EUR per year, pre-tax.)
(387,512 EUR per year, pre-tax.)
(386,178 EUR per year, pre-tax.)
(385,746 EUR per year, pre-tax.)
(385,630 EUR per year, pre-tax.)
(385,360 EUR per year, pre-tax.)

Data as of 2025

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