Entry Level Actuarial Analyst salary in Colombia

Average Yearly Salary of Entry Level Actuarial Analyst in Colombia is approximately 35,138,990 COP (7,795 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 Entry Level Actuarial Analyst do?

An entry-level actuarial analyst is responsible for analyzing data and providing statistical information to assess risks and make informed decisions. They work in insurance companies, financial institutions, and consulting firms. Their main tasks include collecting and organizing data, performing calculations using actuarial models, preparing reports, and assisting in the development of pricing strategies and risk management plans. Actuarial analysts also collaborate with other professionals, such as underwriters and claims adjusters, to evaluate insurance policies and claims.

Skills: actuarial analyst, entry-level, risk assessment, data analysis, insurance industry, financial institutions
Job industry: Insurance

How much does Entry Level Actuarial Analyst make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Entry Level Actuarial Analyst a well paid job?

Yes, our data shows that Entry Level 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 Entry Level Actuarial Analyst?

High salary for Entry Level Actuarial Analyst would be somewhere between 38,652,889 COP and 50,951,536 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Entry Level Actuarial Analyst 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: 35,138,990 COP
Estimated Monthly Salary: 2,928,249 COP
Estimated Weekly Salary: 675,750 COP per week
Estimated Hourly Salary: 16,894 COP per hour
By working as Entry Level Actuarial Analyst a person can save up to 389 USD per month or 4,670 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 Entry Level Actuarial Analyst

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 +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 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 Colombia

Data as of 2025

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