Home > Salary > Czech Republic > Senior Actuarial Associate
A senior actuarial associate is a professional who works in the field of actuarial science, which involves analyzing and managing financial risks using mathematical and statistical methods. They are responsible for conducting complex data analysis, developing and maintaining actuarial models, and providing insights and recommendations to help organizations make informed decisions regarding insurance policies, investments, and financial planning.
Senior actuarial associates typically have several years of experience in the field and are expected to have advanced knowledge of actuarial principles, practices, and regulations. They collaborate with cross-functional teams, including underwriters, finance professionals, and executives, to assess risk exposure and develop strategies to mitigate potential losses. They also play a key role in regulatory compliance and financial reporting.
Estimated Yearly Salary: 1,227,723 CZK
Estimated Monthly Salary: 102,310 CZK
Estimated Weekly Salary: 23,610 CZK per week
Estimated Hourly Salary: 590 CZK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 98,542 CZK
Estimated Weekly Salary: 22,740 CZK per week
Estimated Hourly Salary: 569 CZK per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 50,804 USD
Estimated Monthly Salary: 4,234 USD
Estimated Weekly Salary: 977 USD per week
Estimated Hourly Salary: 24 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: 1,227,723 CZK
Estimated Monthly Salary: 102,310 CZK
Estimated Weekly Salary: 23,610 CZK per week
Estimated Hourly Salary: 590 CZK per hour
By working as Senior Actuarial Associate a person can save up to 3,170 USD per month or 38,041 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 Czech Republic, see costs of living in Czech Republic.
Estimated Yearly Salary for Senior Actuarial Associate
Last revision of data: 2025-01-04
Data as of 2025
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Senior Actuarial Associate salary in Czech Republic
Average Yearly Salary of Senior Actuarial Associate in Czech Republic is approximately 1,227,723 CZK (50,804 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 Senior Actuarial Associate do?
A senior actuarial associate is a professional who works in the field of actuarial science, which involves analyzing and managing financial risks using mathematical and statistical methods. They are responsible for conducting complex data analysis, developing and maintaining actuarial models, and providing insights and recommendations to help organizations make informed decisions regarding insurance policies, investments, and financial planning.
Senior actuarial associates typically have several years of experience in the field and are expected to have advanced knowledge of actuarial principles, practices, and regulations. They collaborate with cross-functional teams, including underwriters, finance professionals, and executives, to assess risk exposure and develop strategies to mitigate potential losses. They also play a key role in regulatory compliance and financial reporting.
Skills: Senior Actuarial Associate, Actuarial Science, Risk Analysis, Financial Modeling, Insurance, Data Analysis
Job industry: Insurance
Job industry: Insurance
How much does Senior Actuarial Associate make?
Salary details
How much does Senior Actuarial Associate make?Estimated Yearly Salary: 1,227,723 CZK
Estimated Monthly Salary: 102,310 CZK
Estimated Weekly Salary: 23,610 CZK per week
Estimated Hourly Salary: 590 CZK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,182,504 CZKEstimated Monthly Salary: 98,542 CZK
Estimated Weekly Salary: 22,740 CZK per week
Estimated Hourly Salary: 569 CZK per hour
Last revision of data: 2024-01-06Senior Actuarial Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 50,804 USD
Estimated Monthly Salary: 4,234 USD
Estimated Weekly Salary: 977 USD per week
Estimated Hourly Salary: 24 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
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Country:
Salary comparison to National average
The Czech Republic, located in Central Europe, is a landlocked country bordered by Germany, Austria, Slovakia, and Poland. With a population of approximately 10.7 million people, it covers an area of around 78,866 square kilometers. The capital and largest city is Prague, known for its stunning architecture and rich history.
Estimated national average yearly salary is 586,044 CZK (26,590 USD). Value indicated is pre-tax. Below graph shows estimated Senior Actuarial Associate job salary compared to average salary in Czech Republic.
Comparison shows that a person working as Senior Actuarial Associate in Czech Republic earns on average:
2.09 times the average salary (or 209% of average salary).
Estimated national average yearly salary is 586,044 CZK (26,590 USD). Value indicated is pre-tax. Below graph shows estimated Senior Actuarial Associate job salary compared to average salary in Czech Republic.
Comparison shows that a person working as Senior Actuarial Associate in Czech Republic earns on average:
2.09 times the average salary (or 209% of average salary).
Is Senior Actuarial Associate a well paid job?
Yes, our data show that Senior Actuarial Associate 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 Senior Actuarial Associate?
High salary for Senior Actuarial Associate would be somewhere between 1,350,495 CZK and 1,780,198 CZK. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Actuarial Associate in Czech Republic?
Living in Czech Republic the approximate monthly expenses are: 1,064 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: 1,227,723 CZK
Estimated Monthly Salary: 102,310 CZK
Estimated Weekly Salary: 23,610 CZK per week
Estimated Hourly Salary: 590 CZK per hour
By working as Senior Actuarial Associate a person can save up to 3,170 USD per month or 38,041 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 Czech Republic, see costs of living in Czech Republic.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Germany, Austria, Slovakia, Poland. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Senior Actuarial Associate
Germany is 102,700 USD
Austria is 108,009 USD
Slovakia is 42,180 USD
Poland is 35,280 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 Czech Republic
(6,643,450 CZK per year, pre-tax.)
2. Cardiologist
(5,564,136 CZK per year, pre-tax.)
(5,372,904 CZK per year, pre-tax.)
4. Neurosurgeon
(5,182,653 CZK per year, pre-tax.)
(5,181,197 CZK per year, pre-tax.)
6. Urologist
(5,079,668 CZK per year, pre-tax.)
(5,078,505 CZK per year, pre-tax.)
(5,075,973 CZK per year, pre-tax.)
9. Oncologist
(5,069,262 CZK per year, pre-tax.)
(5,067,981 CZK per year, pre-tax.)
Data as of 2025Random salary:
Senior graphic designer (814,518 CZK per year, pre-tax.)
Integrationtest manager data processing systems (879,065 CZK per year, pre-tax.)
Business development consultant (543,729 CZK per year, pre-tax.)
Account representative financial planning insurance (362,480 CZK per year, pre-tax.)
Prepress supervisor (445,384 CZK per year, pre-tax.)
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Please note:The salary data presented here are meant for reference purposes solely.
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