Home > Salary > Hungary > Actuarial Manager
An actuarial manager is a professional responsible for managing and overseeing the actuarial function within an organization. They play a crucial role in assessing and managing risks, analyzing data, and providing insights to support strategic decision-making. Actuarial managers work closely with senior management and other stakeholders to develop and implement risk management strategies, ensuring the financial stability and profitability of the organization.
Their key responsibilities include leading a team of actuaries, conducting complex statistical analyses, developing and maintaining actuarial models, collaborating with underwriters and claims professionals, and ensuring compliance with regulatory requirements. Actuarial managers also provide guidance on pricing, reserving, and investment strategies, as well as contribute to the development of new products and services.
Estimated Yearly Salary: 17,682,659 HUF
Estimated Monthly Salary: 1,473,555 HUF
Estimated Weekly Salary: 340,051 HUF per week
Estimated Hourly Salary: 8,501 HUF per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,421,888 HUF
Estimated Weekly Salary: 328,128 HUF per week
Estimated Hourly Salary: 8,203 HUF per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 45,995 USD
Estimated Monthly Salary: 3,833 USD
Estimated Weekly Salary: 885 USD per week
Estimated Hourly Salary: 22 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: 17,682,659 HUF
Estimated Monthly Salary: 1,473,555 HUF
Estimated Weekly Salary: 340,051 HUF per week
Estimated Hourly Salary: 8,501 HUF per hour
By working as Actuarial Manager a person can save up to 3,073 USD per month or 36,870 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 Hungary, see costs of living in Hungary.
Estimated Yearly Salary for Actuarial Manager
Last revision of data: 2025-01-04
Data as of 2025
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Actuarial Manager salary in Hungary
Average Yearly Salary of Actuarial Manager in Hungary is approximately 17,682,659 HUF (45,995 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 Manager do?
An actuarial manager is a professional responsible for managing and overseeing the actuarial function within an organization. They play a crucial role in assessing and managing risks, analyzing data, and providing insights to support strategic decision-making. Actuarial managers work closely with senior management and other stakeholders to develop and implement risk management strategies, ensuring the financial stability and profitability of the organization.
Their key responsibilities include leading a team of actuaries, conducting complex statistical analyses, developing and maintaining actuarial models, collaborating with underwriters and claims professionals, and ensuring compliance with regulatory requirements. Actuarial managers also provide guidance on pricing, reserving, and investment strategies, as well as contribute to the development of new products and services.
Skills: Actuarial management, Risk assessment, Data analysis, Strategic decision-making, Financial stability, Regulatory compliance.
Job industry: Insurance
Job industry: Insurance
How much does Actuarial Manager make?
Salary details
How much does Actuarial Manager make?Estimated Yearly Salary: 17,682,659 HUF
Estimated Monthly Salary: 1,473,555 HUF
Estimated Weekly Salary: 340,051 HUF per week
Estimated Hourly Salary: 8,501 HUF per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 17,062,650 HUFEstimated Monthly Salary: 1,421,888 HUF
Estimated Weekly Salary: 328,128 HUF per week
Estimated Hourly Salary: 8,203 HUF per hour
Last revision of data: 2024-01-08Actuarial Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 45,995 USD
Estimated Monthly Salary: 3,833 USD
Estimated Weekly Salary: 885 USD per week
Estimated Hourly Salary: 22 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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Salary comparison to National average
Hungary, a landlocked country located in Central Europe, is known for its rich history, vibrant culture, and stunning architecture. With a population of approximately 9.8 million people, Hungary covers an area of around 93,030 square kilometers. The country's capital and largest city is Budapest, which is divided by the Danube River.
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Manager job salary compared to average salary in Hungary.
Comparison shows that a person working as Actuarial Manager in Hungary earns on average:
2.65 times the average salary (or 265% of average salary).
Estimated national average yearly salary is 6,675,932 HUF (19,010 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Manager job salary compared to average salary in Hungary.
Comparison shows that a person working as Actuarial Manager in Hungary earns on average:
2.65 times the average salary (or 265% of average salary).
Is Actuarial Manager a well paid job?
Yes, our data show that Actuarial Manager 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 Manager?
High salary for Actuarial Manager would be somewhere between 19,450,925 HUF and 25,639,856 HUF. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Manager in Hungary?
Living in Hungary the approximate monthly expenses are: 760 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: 17,682,659 HUF
Estimated Monthly Salary: 1,473,555 HUF
Estimated Weekly Salary: 340,051 HUF per week
Estimated Hourly Salary: 8,501 HUF per hour
By working as Actuarial Manager a person can save up to 3,073 USD per month or 36,870 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 Hungary, see costs of living in Hungary.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia.. 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 Manager
Austria is 135,897 USD
Slovakia is 53,510 USD
Ukraine is 10,392 USD
Romania is 38,121 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 Hungary
(75,982,184 HUF per year, pre-tax.)
2. Cardiologist
(63,094,968 HUF per year, pre-tax.)
(61,159,464 HUF per year, pre-tax.)
4. Neurosurgeon
(59,259,876 HUF per year, pre-tax.)
(58,979,325 HUF per year, pre-tax.)
(57,963,983 HUF per year, pre-tax.)
(57,939,678 HUF per year, pre-tax.)
(57,895,696 HUF per year, pre-tax.)
9. Oncologist
(57,879,147 HUF per year, pre-tax.)
10. Urologist
(57,676,463 HUF per year, pre-tax.)
Data as of 2025Random salary:
Senior vice president (svp), sales (25,157,355 HUF per year, pre-tax.)
Director of slot operations (15,654,219 HUF per year, pre-tax.)
Hospitalist nurse practitioner (np) (15,078,710 HUF per year, pre-tax.)
Chief fashion designer (12,068,205 HUF per year, pre-tax.)
Geographic information systems (gis), cartographer (5,367,926 HUF per year, pre-tax.)
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