Home > Salary > Lebanon > Senior Actuary
A senior actuary is a highly skilled professional who specializes in assessing and managing financial risks for insurance companies, consulting firms, or government agencies. They use mathematical and statistical models to analyze data and make predictions about future events, such as mortality rates, accident frequencies, or investment returns. Senior actuaries play a crucial role in determining insurance premiums, designing pension plans, and evaluating the financial stability of insurance companies.
Their responsibilities include conducting complex risk assessments, developing pricing models, and providing guidance on strategic planning and decision-making. They also collaborate with other professionals, such as underwriters, investment managers, and executives, to ensure the financial health and profitability of their organizations. Strong analytical skills, attention to detail, and the ability to communicate complex concepts in a clear manner are essential for success in this occupation.
Estimated Yearly Salary: 330,369,424 LBP
Estimated Monthly Salary: 27,530,785 LBP
Estimated Weekly Salary: 6,353,258 LBP per week
Estimated Hourly Salary: 158,831 LBP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 26,625,975 LBP
Estimated Weekly Salary: 6,144,456 LBP per week
Estimated Hourly Salary: 153,611 LBP per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 20,160 USD
Estimated Monthly Salary: 1,680 USD
Estimated Weekly Salary: 388 USD per week
Estimated Hourly Salary: 10 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: 330,369,424 LBP
Estimated Monthly Salary: 27,530,785 LBP
Estimated Weekly Salary: 6,353,258 LBP per week
Estimated Hourly Salary: 158,831 LBP per hour
By working as Senior Actuary a person can save up to 1,348 USD per month or 16,176 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 Lebanon, see costs of living in Lebanon.
Estimated Yearly Salary for Senior Actuary
Last revision of data: 2025-01-04
Data as of 2025
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Senior Actuary salary in Lebanon
Average Yearly Salary of Senior Actuary in Lebanon is approximately 330,369,424 LBP (20,160 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 Actuary do?
A senior actuary is a highly skilled professional who specializes in assessing and managing financial risks for insurance companies, consulting firms, or government agencies. They use mathematical and statistical models to analyze data and make predictions about future events, such as mortality rates, accident frequencies, or investment returns. Senior actuaries play a crucial role in determining insurance premiums, designing pension plans, and evaluating the financial stability of insurance companies.
Their responsibilities include conducting complex risk assessments, developing pricing models, and providing guidance on strategic planning and decision-making. They also collaborate with other professionals, such as underwriters, investment managers, and executives, to ensure the financial health and profitability of their organizations. Strong analytical skills, attention to detail, and the ability to communicate complex concepts in a clear manner are essential for success in this occupation.
Skills: Senior Actuary, Risk Assessment, Financial Modeling, Insurance Pricing, Pension Planning, Data Analysis
Job industry: Insurance
Job industry: Insurance
How much does Senior Actuary make?
Salary details
How much does Senior Actuary make?Estimated Yearly Salary: 330,369,424 LBP
Estimated Monthly Salary: 27,530,785 LBP
Estimated Weekly Salary: 6,353,258 LBP per week
Estimated Hourly Salary: 158,831 LBP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 319,511,700 LBPEstimated Monthly Salary: 26,625,975 LBP
Estimated Weekly Salary: 6,144,456 LBP per week
Estimated Hourly Salary: 153,611 LBP per hour
Last revision of data: 2024-01-06Senior Actuary estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 20,160 USD
Estimated Monthly Salary: 1,680 USD
Estimated Weekly Salary: 388 USD per week
Estimated Hourly Salary: 10 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
Lebanon is a small country located in the Middle East on the eastern shore of the Mediterranean Sea. It has a diverse population of approximately 6 million people. The country covers an area of around 10,452 square kilometers, making it one of the smallest countries in the region.
Estimated national average yearly salary is 124,500,000 LBP (8,300 USD). Value indicated is pre-tax. Below graph shows estimated Senior Actuary job salary compared to average salary in Lebanon.
Comparison shows that a person working as Senior Actuary in Lebanon earns on average:
2.65 times the average salary (or 265% of average salary).
Estimated national average yearly salary is 124,500,000 LBP (8,300 USD). Value indicated is pre-tax. Below graph shows estimated Senior Actuary job salary compared to average salary in Lebanon.
Comparison shows that a person working as Senior Actuary in Lebanon earns on average:
2.65 times the average salary (or 265% of average salary).
Is Senior Actuary a well paid job?
Yes, our data show that Senior 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 Senior Actuary?
High salary for Senior Actuary would be somewhere between 363,406,366 LBP and 479,035,665 LBP. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Actuary in Lebanon?
Living in Lebanon the approximate monthly expenses are: 332 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: 330,369,424 LBP
Estimated Monthly Salary: 27,530,785 LBP
Estimated Weekly Salary: 6,353,258 LBP per week
Estimated Hourly Salary: 158,831 LBP per hour
By working as Senior Actuary a person can save up to 1,348 USD per month or 16,176 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 Lebanon, see costs of living in Lebanon.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Syria, Israel, Cyprus, Jordan. 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 Actuary
Syria is 8,963 USD
Israel is 133,404 USD
Jordan is 23,061 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 Lebanon
(1,417,299,855 LBP per year, pre-tax.)
2. Cardiologist
(1,175,197,006 LBP per year, pre-tax.)
(1,136,102,693 LBP per year, pre-tax.)
4. Neurosurgeon
(1,108,071,776 LBP per year, pre-tax.)
(1,103,346,164 LBP per year, pre-tax.)
6. Urologist
(1,079,234,675 LBP per year, pre-tax.)
(1,078,809,332 LBP per year, pre-tax.)
(1,078,388,733 LBP per year, pre-tax.)
(1,074,144,669 LBP per year, pre-tax.)
(1,072,787,021 LBP per year, pre-tax.)
Data as of 2025Random salary:
Knowledge engineer (135,310,086 LBP per year, pre-tax.)
Qualified medication aide (72,096,466 LBP per year, pre-tax.)
Risk control analyst (145,665,000 LBP per year, pre-tax.)
Job foreman (118,341,300 LBP per year, pre-tax.)
Neonatal respiratory therapist (112,208,364 LBP per year, pre-tax.)
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