Home > Salary > Colombia > Actuarial Director
An actuarial director is a senior-level professional responsible for managing and directing the actuarial department within an organization. They play a crucial role in assessing and managing risks related to insurance, pensions, investments, and other financial products. Actuarial directors oversee the development and implementation of actuarial models, methodologies, and strategies to ensure accurate pricing, reserving, and financial reporting. They collaborate with other departments such as finance, underwriting, and product development to provide insights and recommendations on risk management and profitability.
Estimated Yearly Salary: 90,500,909 COP
Estimated Monthly Salary: 7,541,742 COP
Estimated Weekly Salary: 1,740,402 COP per week
Estimated Hourly Salary: 43,510 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,258,784 COP
Estimated Weekly Salary: 1,675,104 COP per week
Estimated Hourly Salary: 41,878 COP per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 19,999 USD
Estimated Monthly Salary: 1,667 USD
Estimated Weekly Salary: 385 USD per week
Estimated Hourly Salary: 10 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: 90,500,909 COP
Estimated Monthly Salary: 7,541,742 COP
Estimated Weekly Salary: 1,740,402 COP per week
Estimated Hourly Salary: 43,510 COP per hour
By working as Actuarial Director a person can save up to 1,406 USD per month or 16,874 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 Colombia, see costs of living in Colombia.
Estimated Yearly Salary for Actuarial Director
Last revision of data: 2025-01-04
Data as of 2025
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Actuarial Director salary in Colombia
Average Yearly Salary of Actuarial Director in Colombia is approximately 90,500,909 COP (19,999 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 Director do?
An actuarial director is a senior-level professional responsible for managing and directing the actuarial department within an organization. They play a crucial role in assessing and managing risks related to insurance, pensions, investments, and other financial products. Actuarial directors oversee the development and implementation of actuarial models, methodologies, and strategies to ensure accurate pricing, reserving, and financial reporting. They collaborate with other departments such as finance, underwriting, and product development to provide insights and recommendations on risk management and profitability.
Skills: Actuarial analysis, Risk management, Financial modeling, Insurance industry, Pension schemes, Strategic planning
Job industry: Insurance
Job industry: Insurance
How much does Actuarial Director make?
Salary details
How much does Actuarial Director make?Estimated Yearly Salary: 90,500,909 COP
Estimated Monthly Salary: 7,541,742 COP
Estimated Weekly Salary: 1,740,402 COP per week
Estimated Hourly Salary: 43,510 COP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 87,105,413 COPEstimated Monthly Salary: 7,258,784 COP
Estimated Weekly Salary: 1,675,104 COP per week
Estimated Hourly Salary: 41,878 COP per hour
Last revision of data: 2024-01-05Actuarial Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 19,999 USD
Estimated Monthly Salary: 1,667 USD
Estimated Weekly Salary: 385 USD per week
Estimated Hourly Salary: 10 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
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Director job salary compared to average salary in Colombia.
Comparison shows that a person working as Actuarial Director in Colombia earns on average:
3.36 times the average salary (or 336% of average salary).
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Director job salary compared to average salary in Colombia.
Comparison shows that a person working as Actuarial Director in Colombia earns on average:
3.36 times the average salary (or 336% of average salary).
Is Actuarial Director a well paid job?
Yes, our data show that Actuarial Director 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 Director?
High salary for Actuarial Director would be somewhere between 99,551,000 COP and 131,226,318 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Director in Colombia?
Living in Colombia the approximate monthly expenses are: 260 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: 90,500,909 COP
Estimated Monthly Salary: 7,541,742 COP
Estimated Weekly Salary: 1,740,402 COP per week
Estimated Hourly Salary: 43,510 COP per hour
By working as Actuarial Director a person can save up to 1,406 USD per month or 16,874 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 Colombia, see costs of living in Colombia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama. 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 Director
Ecuador is 19,428 USD
Brazil is 24,973 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 Colombia
(306,660,307 COP per year, pre-tax.)
2. Cardiologist
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
5. Neurosurgeon
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
8. Oncologist
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)
Data as of 2025Random salary:
Trading systems support specialist (44,533,758 COP per year, pre-tax.)
Community health coordinator (20,481,724 COP per year, pre-tax.)
Endoscopy technician (19,852,687 COP per year, pre-tax.)
Facilities technician (17,383,310 COP per year, pre-tax.)
Director housing community development (27,146,790 COP per year, pre-tax.)
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Please note:Salary data displayed on this site is for reference only.
This website aggregates salary data for educational purposes exclusively. While we endeavor to deliver accurate estimates, we cannot warrant their absolute precision. Users are highly encouraged to check with other databases before finalizing career-related plans. Salary amounts vary based on several factors, such as industry trends, negotiation power, and regional demand. We do not offer any guarantees as to the validity of the provided data. Your access of this site indicates agreement of this notice.
This website aggregates salary information for educational use only. While we endeavor to present accurate figures, we cannot ensure their absolute reliability. Users are highly advised to consult additional databases before finalizing career-related plans. Salary figures vary based on several factors, such as location, job role, and individual qualifications. We do not offer any claims as to the validity of the listed data. Your access of this site indicates agreement of this notice.