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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: 73,794 EUR
Estimated Monthly Salary: 6,150 EUR
Estimated Weekly Salary: 1,419 EUR per week
Estimated Hourly Salary: 35 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,959 EUR
Estimated Weekly Salary: 1,375 EUR per week
Estimated Hourly Salary: 34 EUR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 74,238 USD
Estimated Monthly Salary: 6,187 USD
Estimated Weekly Salary: 1,428 USD per week
Estimated Hourly Salary: 36 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: 73,794 EUR
Estimated Monthly Salary: 6,150 EUR
Estimated Weekly Salary: 1,419 EUR per week
Estimated Hourly Salary: 35 EUR per hour
By working as Actuary a person can save up to 4,679 USD per month or 56,142 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 Italy, see costs of living in Italy.
Estimated Yearly Salary for Actuary
Last revision of data: 2025-01-04
Data as of 2025
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Actuary salary in Italy
Average Yearly Salary of Actuary in Italy is approximately 73,794 EUR (74,238 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: 73,794 EUR
Estimated Monthly Salary: 6,150 EUR
Estimated Weekly Salary: 1,419 EUR per week
Estimated Hourly Salary: 35 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 71,502 EUREstimated Monthly Salary: 5,959 EUR
Estimated Weekly Salary: 1,375 EUR per week
Estimated Hourly Salary: 34 EUR per hour
Last revision of data: 2024-01-09Actuary estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 74,238 USD
Estimated Monthly Salary: 6,187 USD
Estimated Weekly Salary: 1,428 USD per week
Estimated Hourly Salary: 36 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
Italy, a country located in Southern Europe, is known for its rich history, culture, and stunning landscapes. With a population of approximately 60 million people, it is the fourth most populous country in Europe. Italy covers an area of around 301,340 square kilometers, making it slightly larger than the state of Arizona in the United States.
Estimated national average yearly salary is 34,352 EUR (37,700 USD). Value indicated is pre-tax. Below graph shows estimated Actuary job salary compared to average salary in Italy.
Comparison shows that a person working as Actuary in Italy earns on average:
2.15 times the average salary (or 215% of average salary).
Estimated national average yearly salary is 34,352 EUR (37,700 USD). Value indicated is pre-tax. Below graph shows estimated Actuary job salary compared to average salary in Italy.
Comparison shows that a person working as Actuary in Italy earns on average:
2.15 times the average salary (or 215% 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 81,173 EUR and 107,001 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuary in Italy?
Living in Italy the approximate monthly expenses are: 1,508 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: 73,794 EUR
Estimated Monthly Salary: 6,150 EUR
Estimated Weekly Salary: 1,419 EUR per week
Estimated Hourly Salary: 35 EUR per hour
By working as Actuary a person can save up to 4,679 USD per month or 56,142 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 Italy, see costs of living in Italy.
Salary comparison to region and neighbouring coutries
Country's neighbours are: France, Switzerland, Austria, 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 Actuary
France is 90,298 USD
Switzerland is 176,035 USD
Austria is 110,499 USD
Slovenia is 60,262 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 Italy
(393,532 EUR per year, pre-tax.)
2. Cardiologist
(326,941 EUR per year, pre-tax.)
(316,297 EUR per year, pre-tax.)
4. Neurosurgeon
(306,986 EUR per year, pre-tax.)
(305,278 EUR per year, pre-tax.)
(299,865 EUR per year, pre-tax.)
(299,833 EUR per year, pre-tax.)
8. Oncologist
(299,544 EUR per year, pre-tax.)
9. Urologist
(299,256 EUR per year, pre-tax.)
10. Dermatologist
(298,192 EUR per year, pre-tax.)
Data as of 2025Random salary:
Web designer developer (42,737 EUR per year, pre-tax.)
Treasurer (60,197 EUR per year, pre-tax.)
Bar manager (18,752 EUR per year, pre-tax.)
Plant personnel manager (37,806 EUR per year, pre-tax.)
Rheumatologist (117,469 EUR per year, pre-tax.)
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