Home > Salary > Ethiopia > Senior Actuarial Analyst
The occupation of a senior actuarial analyst involves analyzing and interpreting complex data to assess and manage risks for insurance companies, financial institutions, or consulting firms. These professionals use mathematical models and statistical techniques to evaluate the probability and potential impact of events such as accidents, natural disasters, or changes in financial markets. They work closely with underwriters, investment managers, and other stakeholders to develop strategies for pricing policies, setting reserves, and managing portfolios.
Senior actuarial analysts are responsible for conducting research, preparing reports, and making recommendations to support strategic decision-making. They also play a crucial role in ensuring compliance with regulatory requirements and industry standards. Strong analytical skills, proficiency in programming languages and statistical software, and excellent communication abilities are essential for success in this occupation.
Estimated Yearly Salary: 198,790 ETB
Estimated Monthly Salary: 16,566 ETB
Estimated Weekly Salary: 3,823 ETB per week
Estimated Hourly Salary: 96 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 16,010 ETB
Estimated Weekly Salary: 3,695 ETB per week
Estimated Hourly Salary: 92 ETB per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 3,325 USD
Estimated Monthly Salary: 277 USD
Estimated Weekly Salary: 64 USD per week
Estimated Hourly Salary: 2 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: 198,790 ETB
Estimated Monthly Salary: 16,566 ETB
Estimated Weekly Salary: 3,823 ETB per week
Estimated Hourly Salary: 96 ETB per hour
By working as Senior Actuarial Analyst a person can save up to 200 USD per month or 2,403 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 Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Senior Actuarial Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Senior Actuarial Analyst salary in Ethiopia
Average Yearly Salary of Senior Actuarial Analyst in Ethiopia is approximately 198,790 ETB (3,325 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 Analyst do?
The occupation of a senior actuarial analyst involves analyzing and interpreting complex data to assess and manage risks for insurance companies, financial institutions, or consulting firms. These professionals use mathematical models and statistical techniques to evaluate the probability and potential impact of events such as accidents, natural disasters, or changes in financial markets. They work closely with underwriters, investment managers, and other stakeholders to develop strategies for pricing policies, setting reserves, and managing portfolios.
Senior actuarial analysts are responsible for conducting research, preparing reports, and making recommendations to support strategic decision-making. They also play a crucial role in ensuring compliance with regulatory requirements and industry standards. Strong analytical skills, proficiency in programming languages and statistical software, and excellent communication abilities are essential for success in this occupation.
Skills: senior actuarial analyst, risk management, data analysis, statistical modeling, insurance industry, financial risk assessment
Job industry: Insurance
Job industry: Insurance
How much does Senior Actuarial Analyst make?
Salary details
How much does Senior Actuarial Analyst make?Estimated Yearly Salary: 198,790 ETB
Estimated Monthly Salary: 16,566 ETB
Estimated Weekly Salary: 3,823 ETB per week
Estimated Hourly Salary: 96 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 192,120 ETBEstimated Monthly Salary: 16,010 ETB
Estimated Weekly Salary: 3,695 ETB per week
Estimated Hourly Salary: 92 ETB per hour
Last revision of data: 2024-01-03Senior Actuarial Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,325 USD
Estimated Monthly Salary: 277 USD
Estimated Weekly Salary: 64 USD per week
Estimated Hourly Salary: 2 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
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Country:
Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Senior Actuarial Analyst job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Senior Actuarial Analyst in Ethiopia earns on average:
1.89 times the average salary (or 189% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Senior Actuarial Analyst job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Senior Actuarial Analyst in Ethiopia earns on average:
1.89 times the average salary (or 189% of average salary).
Is Senior Actuarial Analyst a well paid job?
Yes, our data shows that Senior 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 Senior Actuarial Analyst?
High salary for Senior Actuarial Analyst would be somewhere between 218,669 ETB and 288,246 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Actuarial Analyst in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 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: 198,790 ETB
Estimated Monthly Salary: 16,566 ETB
Estimated Weekly Salary: 3,823 ETB per week
Estimated Hourly Salary: 96 ETB per hour
By working as Senior Actuarial Analyst a person can save up to 200 USD per month or 2,403 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 Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. 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 Analyst
Sudan is 1,309 USD
Kenya is 10,387 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 Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Telecommunications engineer (180,619 ETB per year, pre-tax.)
Account development executive (118,020 ETB per year, pre-tax.)
Loan underwriter mortgage (111,563 ETB per year, pre-tax.)
Certified hypnotherapist (372,795 ETB per year, pre-tax.)
Certified athletic trainer (101,700 ETB per year, pre-tax.)
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