Home > Salary > Indonesia > 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: 335,585,646 IDR
Estimated Monthly Salary: 27,965,471 IDR
Estimated Weekly Salary: 6,453,570 IDR per week
Estimated Hourly Salary: 161,339 IDR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 26,979,748 IDR
Estimated Weekly Salary: 6,226,096 IDR per week
Estimated Hourly Salary: 155,652 IDR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 20,357 USD
Estimated Monthly Salary: 1,696 USD
Estimated Weekly Salary: 391 USD per week
Estimated Hourly Salary: 10 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: 335,585,646 IDR
Estimated Monthly Salary: 27,965,471 IDR
Estimated Weekly Salary: 6,453,570 IDR per week
Estimated Hourly Salary: 161,339 IDR per hour
By working as Senior Actuarial Associate a person can save up to 1,273 USD per month or 15,279 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 Indonesia, see costs of living in Indonesia.
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 Indonesia
Average Yearly Salary of Senior Actuarial Associate in Indonesia is approximately 335,585,646 IDR (20,357 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: 335,585,646 IDR
Estimated Monthly Salary: 27,965,471 IDR
Estimated Weekly Salary: 6,453,570 IDR per week
Estimated Hourly Salary: 161,339 IDR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 323,756,970 IDREstimated Monthly Salary: 26,979,748 IDR
Estimated Weekly Salary: 6,226,096 IDR per week
Estimated Hourly Salary: 155,652 IDR per hour
Last revision of data: 2024-01-09Senior Actuarial Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 20,357 USD
Estimated Monthly Salary: 1,696 USD
Estimated Weekly Salary: 391 USD per week
Estimated Hourly Salary: 10 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
Indonesia, located in Southeast Asia, is the world's largest archipelago consisting of more than 17,000 islands. With a population of over 270 million people, it is the fourth most populous country globally. The nation spans approximately 1.9 million square kilometers, making it the 14th largest country by land area.
Estimated national average yearly salary is 160,287,000 IDR (10,580 USD). Value indicated is pre-tax. Below graph shows estimated Senior Actuarial Associate job salary compared to average salary in Indonesia.
Comparison shows that a person working as Senior Actuarial Associate in Indonesia earns on average:
2.09 times the average salary (or 209% of average salary).
Estimated national average yearly salary is 160,287,000 IDR (10,580 USD). Value indicated is pre-tax. Below graph shows estimated Senior Actuarial Associate job salary compared to average salary in Indonesia.
Comparison shows that a person working as Senior Actuarial Associate in Indonesia 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 369,144,211 IDR and 486,599,187 IDR. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Actuarial Associate in Indonesia?
Living in Indonesia the approximate monthly expenses are: 423 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: 335,585,646 IDR
Estimated Monthly Salary: 27,965,471 IDR
Estimated Weekly Salary: 6,453,570 IDR per week
Estimated Hourly Salary: 161,339 IDR per hour
By working as Senior Actuarial Associate a person can save up to 1,273 USD per month or 15,279 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 Indonesia, see costs of living in Indonesia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Papua New Guinea, East Timor. 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
Malaysia is 34,072 USD
East Timor is 86,126 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 Indonesia
(1,825,698,192 IDR per year, pre-tax.)
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4. Neurosurgeon
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9. Oncologist
(1,385,109,120 IDR per year, pre-tax.)
10. Plastic surgeon
(1,383,933,123 IDR per year, pre-tax.)
Data as of 2025Random salary:
Toxicologist (309,463,035 IDR per year, pre-tax.)
Lab technical assistant (92,960,400 IDR per year, pre-tax.)
Registered prosthetic orthotic technician (117,003,450 IDR per year, pre-tax.)
Raw materials coordinator (130,047,149 IDR per year, pre-tax.)
Education manager (208,752,331 IDR per year, pre-tax.)
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