Home > Salary > Ghana > 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: 128,697 GHS
Estimated Monthly Salary: 10,725 GHS
Estimated Weekly Salary: 2,475 GHS per week
Estimated Hourly Salary: 62 GHS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,377 GHS
Estimated Weekly Salary: 2,395 GHS per week
Estimated Hourly Salary: 60 GHS per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 10,715 USD
Estimated Monthly Salary: 893 USD
Estimated Weekly Salary: 206 USD per week
Estimated Hourly Salary: 5 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: 128,697 GHS
Estimated Monthly Salary: 10,725 GHS
Estimated Weekly Salary: 2,475 GHS per week
Estimated Hourly Salary: 62 GHS per hour
By working as Actuarial Director a person can save up to 753 USD per month or 9,035 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 Ghana, see costs of living in Ghana.
Estimated Yearly Salary for Actuarial Director
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Ground service equipment mechanic (35,903 GHS per year, pre-tax.)
Wastewater supervisor (41,279 GHS per year, pre-tax.)
Human resources information systems (hris), administrator (49,896 GHS per year, pre-tax.)
Histotechnologist (45,125 GHS per year, pre-tax.)
Cash manager (54,609 GHS per year, pre-tax.)
Actuarial Director salary in Ghana
Average Yearly Salary of Actuarial Director in Ghana is approximately 128,697 GHS (10,715 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: 128,697 GHS
Estimated Monthly Salary: 10,725 GHS
Estimated Weekly Salary: 2,475 GHS per week
Estimated Hourly Salary: 62 GHS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 124,524 GHSEstimated Monthly Salary: 10,377 GHS
Estimated Weekly Salary: 2,395 GHS per week
Estimated Hourly Salary: 60 GHS per hour
Last revision of data: 2024-01-03Actuarial Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,715 USD
Estimated Monthly Salary: 893 USD
Estimated Weekly Salary: 206 USD per week
Estimated Hourly Salary: 5 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
Ghana is a country located in West Africa. It has a population of approximately 31 million people and covers an area of about 238,535 square kilometers. The country is bordered by Cote d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Atlantic Ocean to the south.
Estimated national average yearly salary is 39,200 GHS (3,500 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Director job salary compared to average salary in Ghana.
Comparison shows that a person working as Actuarial Director in Ghana earns on average:
3.28 times the average salary (or 328% of average salary).
Estimated national average yearly salary is 39,200 GHS (3,500 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Director job salary compared to average salary in Ghana.
Comparison shows that a person working as Actuarial Director in Ghana earns on average:
3.28 times the average salary (or 328% 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 141,567 GHS and 186,611 GHS. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Director in Ghana?
Living in Ghana the approximate monthly expenses are: 140 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: 128,697 GHS
Estimated Monthly Salary: 10,725 GHS
Estimated Weekly Salary: 2,475 GHS per week
Estimated Hourly Salary: 62 GHS per hour
By working as Actuarial Director a person can save up to 753 USD per month or 9,035 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 Ghana, see costs of living in Ghana.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Burkina Faso, Cote d'Ivoire (Ivory Coast), Togo.. 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
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 Ghana
(439,471 GHS per year, pre-tax.)
2. Cardiologist
(363,775 GHS per year, pre-tax.)
(351,690 GHS per year, pre-tax.)
(342,308 GHS per year, pre-tax.)
5. Neurosurgeon
(342,198 GHS per year, pre-tax.)
(334,060 GHS per year, pre-tax.)
7. Urologist
(333,287 GHS per year, pre-tax.)
(333,209 GHS per year, pre-tax.)
(333,002 GHS per year, pre-tax.)
10. Oncologist
(332,700 GHS per year, pre-tax.)
Data as of 2025Random salary:
Ground service equipment mechanic (35,903 GHS per year, pre-tax.)
Wastewater supervisor (41,279 GHS per year, pre-tax.)
Human resources information systems (hris), administrator (49,896 GHS per year, pre-tax.)
Histotechnologist (45,125 GHS per year, pre-tax.)
Cash manager (54,609 GHS per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=ghana&job=actuarial-director'><img src='https://optisalary.com/wp-content/graphs/salary/actuarial-director-salary-in-ghana-2025.jpg' alt='actuarial director salary in ghana 2025' title='actuarial director salary in ghana 2025' /></a>
Please note:optisalary.com aggregates salary data for informational purposes exclusively.
This website presents salary data for reference purposes only. We strive to provide accurate figures, but do not assure their precision. Users are urged to check alternative platforms before making financial decisions. Salary amounts may vary due to company policies, market demands, and skills. We accept no responsibility for errors in the salary information provided. Your continued use with this site indicates understanding of this disclaimer.
This website provides salary data solely for informational use. While we endeavor for accuracy, we do not guarantee the validity of all figures. Users must verify salary details with official organizations before making career-related decisions. Salary estimates can fluctuate based on multiple elements, such as geographic location, experience, and job role. We accept no responsibility for misinterpretations in the salary figures provided. By accessing this website, you accept that salary data is not absolute.