Home > Salary > Kuwait > Actuarial Technician
An actuarial technician is a professional who supports actuaries in their work of assessing and managing financial risks. They collect and analyze data, perform calculations, and help develop statistical models to evaluate the probability of events such as accidents, illnesses, or deaths. Actuarial technicians also assist in the preparation of reports and presentations, ensuring that they are accurate and comply with industry regulations.
Estimated Yearly Salary: 42,807 KWD
Estimated Monthly Salary: 3,567 KWD
Estimated Weekly Salary: 823 KWD per week
Estimated Hourly Salary: 21 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,452 KWD
Estimated Weekly Salary: 797 KWD per week
Estimated Hourly Salary: 20 KWD per hour
Last revision of data: 2024-02-03
Estimated Yearly Salary: 14,412 USD
Estimated Monthly Salary: 1,201 USD
Estimated Weekly Salary: 277 USD per week
Estimated Hourly Salary: 7 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: 42,807 KWD
Estimated Monthly Salary: 3,567 KWD
Estimated Weekly Salary: 823 KWD per week
Estimated Hourly Salary: 21 KWD per hour
Our data indicates that by working as Actuarial Technician you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Kuwait, see costs of living in Kuwait.
Estimated Yearly Salary for Actuarial Technician
Last revision of data: 2025-01-04
Data as of 2025
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Actuarial Technician salary in Kuwait
Average Yearly Salary of Actuarial Technician in Kuwait is approximately 42,807 KWD (14,412 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 Technician do?
An actuarial technician is a professional who supports actuaries in their work of assessing and managing financial risks. They collect and analyze data, perform calculations, and help develop statistical models to evaluate the probability of events such as accidents, illnesses, or deaths. Actuarial technicians also assist in the preparation of reports and presentations, ensuring that they are accurate and comply with industry regulations.
Skills: Actuarial analysis, Risk management, Statistical modeling, Data analysis, Financial forecasting, Compliance.
Job industry: Insurance
Job industry: Insurance
How much does Actuarial Technician make?
Salary details
How much does Actuarial Technician make?Estimated Yearly Salary: 42,807 KWD
Estimated Monthly Salary: 3,567 KWD
Estimated Weekly Salary: 823 KWD per week
Estimated Hourly Salary: 21 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 41,420 KWDEstimated Monthly Salary: 3,452 KWD
Estimated Weekly Salary: 797 KWD per week
Estimated Hourly Salary: 20 KWD per hour
Last revision of data: 2024-02-03Actuarial Technician estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 14,412 USD
Estimated Monthly Salary: 1,201 USD
Estimated Weekly Salary: 277 USD per week
Estimated Hourly Salary: 7 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
Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Technician job salary compared to average salary in Kuwait.
Comparison shows that a person working as Actuarial Technician in Kuwait earns on average:
3.48 times the average salary (or 348% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Technician job salary compared to average salary in Kuwait.
Comparison shows that a person working as Actuarial Technician in Kuwait earns on average:
3.48 times the average salary (or 348% of average salary).
Is Actuarial Technician a well paid job?
Yes, our data show that Actuarial Technician 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 Technician?
High salary for Actuarial Technician would be somewhere between 47,088 KWD and 62,070 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Technician in Kuwait?
Living in Kuwait the approximate monthly expenses are: 1,600 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: 42,807 KWD
Estimated Monthly Salary: 3,567 KWD
Estimated Weekly Salary: 823 KWD per week
Estimated Hourly Salary: 21 KWD per hour
Our data indicates that by working as Actuarial Technician you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Kuwait, see costs of living in Kuwait.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Iraq. 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 Technician
Saudi Arabia is 29,659 USD
Iraq is 6,419 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 Kuwait
(419,012 KWD per year, pre-tax.)
2. Cardiologist
(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
4. Neurosurgeon
(324,311 KWD per year, pre-tax.)
(324,112 KWD per year, pre-tax.)
(317,580 KWD per year, pre-tax.)
(317,445 KWD per year, pre-tax.)
(317,318 KWD per year, pre-tax.)
9. Urologist
(317,161 KWD per year, pre-tax.)
10. Plastic surgeon
(316,850 KWD per year, pre-tax.)
Data as of 2025Random salary:
Medical director emergency room (76,440 KWD per year, pre-tax.)
Army corporal armor (28,776 KWD per year, pre-tax.)
Claim representative (46,216 KWD per year, pre-tax.)
Marketing research director (91,124 KWD per year, pre-tax.)
Business analytics director (93,269 KWD per year, pre-tax.)
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