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An actuary is a professional who uses mathematical and statistical methods to assess and manage risks in various industries, primarily in insurance and finance. Actuaries analyze data, develop models, and make predictions to help organizations make informed decisions regarding investments, pricing, and risk management. They use their expertise to evaluate the likelihood and potential impact of future events, such as accidents, natural disasters, or changes in market conditions. Actuaries also play a crucial role in designing insurance policies and pension plans, ensuring they are financially sustainable and provide adequate coverage.
Estimated Yearly Salary: 429,648 ILS
Estimated Monthly Salary: 35,804 ILS
Estimated Weekly Salary: 8,262 ILS per week
Estimated Hourly Salary: 207 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 34,550 ILS
Estimated Weekly Salary: 7,973 ILS per week
Estimated Hourly Salary: 199 ILS per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 107,076 USD
Estimated Monthly Salary: 8,923 USD
Estimated Weekly Salary: 2,059 USD per week
Estimated Hourly Salary: 51 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: 429,648 ILS
Estimated Monthly Salary: 35,804 ILS
Estimated Weekly Salary: 8,262 ILS per week
Estimated Hourly Salary: 207 ILS per hour
By working as Actuary a person can save up to 6,737 USD per month or 80,844 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 Israel, see costs of living in Israel.
Estimated Yearly Salary for Actuary
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Early childhood teacher (98,815 ILS per year, pre-tax.)
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Actuary salary in Israel
Average Yearly Salary of Actuary in Israel is approximately 429,648 ILS (107,076 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 Actuary do?
An actuary is a professional who uses mathematical and statistical methods to assess and manage risks in various industries, primarily in insurance and finance. Actuaries analyze data, develop models, and make predictions to help organizations make informed decisions regarding investments, pricing, and risk management. They use their expertise to evaluate the likelihood and potential impact of future events, such as accidents, natural disasters, or changes in market conditions. Actuaries also play a crucial role in designing insurance policies and pension plans, ensuring they are financially sustainable and provide adequate coverage.
Skills: Actuary, Risk management, Insurance, Finance, Mathematics, Statistics
Job industry: Insurance
Job industry: Insurance
How much does Actuary make?
Salary details
How much does Actuary make?Estimated Yearly Salary: 429,648 ILS
Estimated Monthly Salary: 35,804 ILS
Estimated Weekly Salary: 8,262 ILS per week
Estimated Hourly Salary: 207 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 414,596 ILSEstimated Monthly Salary: 34,550 ILS
Estimated Weekly Salary: 7,973 ILS per week
Estimated Hourly Salary: 199 ILS per hour
Last revision of data: 2024-01-02Actuary estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 107,076 USD
Estimated Monthly Salary: 8,923 USD
Estimated Weekly Salary: 2,059 USD per week
Estimated Hourly Salary: 51 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
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Salary comparison to National average
Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Actuary job salary compared to average salary in Israel.
Comparison shows that a person working as Actuary in Israel earns on average:
2.23 times the average salary (or 223% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Actuary job salary compared to average salary in Israel.
Comparison shows that a person working as Actuary in Israel earns on average:
2.23 times the average salary (or 223% of average salary).
Is Actuary a well paid job?
Yes, our data show that Actuary 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 Actuary?
High salary for Actuary would be somewhere between 472,613 ILS and 622,990 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuary in Israel?
Living in Israel the approximate monthly expenses are: 2,186 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: 429,648 ILS
Estimated Monthly Salary: 35,804 ILS
Estimated Weekly Salary: 8,262 ILS per week
Estimated Hourly Salary: 207 ILS per hour
By working as Actuary a person can save up to 6,737 USD per month or 80,844 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 Israel, see costs of living in Israel.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Lebanon, Syria, Jordan, Egypt. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Actuary
Lebanon is 16,252 USD
Syria is 7,215 USD
Jordan is 18,710 USD
Egypt is 8,062 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 Israel
(2,288,508 ILS per year, pre-tax.)
2. Cardiologist
(1,903,781 ILS per year, pre-tax.)
(1,831,869 ILS per year, pre-tax.)
4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
(1,740,307 ILS per year, pre-tax.)
7. Urologist
(1,734,638 ILS per year, pre-tax.)
(1,730,943 ILS per year, pre-tax.)
9. Oncologist
(1,729,727 ILS per year, pre-tax.)
(1,729,273 ILS per year, pre-tax.)
Data as of 2025Random salary:
Early childhood teacher (98,815 ILS per year, pre-tax.)
Vice president (vp), general manager (467,197 ILS per year, pre-tax.)
Worship coordinator (135,132 ILS per year, pre-tax.)
Intellectual property (ip), lawyer (434,376 ILS per year, pre-tax.)
Sales manager north america (386,004 ILS per year, pre-tax.)
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