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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: 84,571 EUR
Estimated Monthly Salary: 7,048 EUR
Estimated Weekly Salary: 1,626 EUR per week
Estimated Hourly Salary: 41 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 6,829 EUR
Estimated Weekly Salary: 1,576 EUR per week
Estimated Hourly Salary: 39 EUR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 85,001 USD
Estimated Monthly Salary: 7,083 USD
Estimated Weekly Salary: 1,635 USD per week
Estimated Hourly Salary: 41 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: 84,571 EUR
Estimated Monthly Salary: 7,048 EUR
Estimated Weekly Salary: 1,626 EUR per week
Estimated Hourly Salary: 41 EUR per hour
By working as Actuarial Director a person can save up to 5,978 USD per month or 71,734 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 Estonia, see costs of living in Estonia.
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 Estonia
Average Yearly Salary of Actuarial Director in Estonia is approximately 84,571 EUR (85,001 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: 84,571 EUR
Estimated Monthly Salary: 7,048 EUR
Estimated Weekly Salary: 1,626 EUR per week
Estimated Hourly Salary: 41 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 81,947 EUREstimated Monthly Salary: 6,829 EUR
Estimated Weekly Salary: 1,576 EUR per week
Estimated Hourly Salary: 39 EUR per hour
Last revision of data: 2024-01-07Actuarial Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 85,001 USD
Estimated Monthly Salary: 7,083 USD
Estimated Weekly Salary: 1,635 USD per week
Estimated Hourly Salary: 41 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
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
Estonia, located in Northern Europe, is a small country with a population of approximately 1.3 million people. It covers an area of around 45,000 square kilometers, making it one of the smallest countries in the European Union. Despite its size, Estonia has made significant advancements in technology and digital innovation, earning it the nickname "e-Estonia."
Estimated national average yearly salary is 25,152 EUR (27,640 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Director job salary compared to average salary in Estonia.
Comparison shows that a person working as Actuarial Director in Estonia earns on average:
3.36 times the average salary (or 336% of average salary).
Estimated national average yearly salary is 25,152 EUR (27,640 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Director job salary compared to average salary in Estonia.
Comparison shows that a person working as Actuarial Director in Estonia 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 93,028 EUR and 122,628 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Director in Estonia?
Living in Estonia the approximate monthly expenses are: 1,106 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: 84,571 EUR
Estimated Monthly Salary: 7,048 EUR
Estimated Weekly Salary: 1,626 EUR per week
Estimated Hourly Salary: 41 EUR per hour
By working as Actuarial Director a person can save up to 5,978 USD per month or 71,734 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 Estonia, see costs of living in Estonia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Russia, Latvia, Finland.. 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
Russia is 39,246 USD
Latvia is 66,198 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 Estonia
(288,066 EUR per year, pre-tax.)
2. Cardiologist
(240,102 EUR per year, pre-tax.)
(231,505 EUR per year, pre-tax.)
4. Neurosurgeon
(224,746 EUR per year, pre-tax.)
(224,064 EUR per year, pre-tax.)
(219,685 EUR per year, pre-tax.)
(218,978 EUR per year, pre-tax.)
8. Urologist
(218,750 EUR per year, pre-tax.)
(218,678 EUR per year, pre-tax.)
10. Dermatologist
(218,557 EUR per year, pre-tax.)
Data as of 2025Random salary:
Taco bell manager (22,225 EUR per year, pre-tax.)
Scada systems engineer (57,800 EUR per year, pre-tax.)
Chief scientific officer (cso) (94,601 EUR per year, pre-tax.)
Technology analyst (40,250 EUR per year, pre-tax.)
National sales director (46,450 EUR per year, pre-tax.)
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