Home > Salary > Monaco > Actuarial Director
An actuarial director is a senior-level professional responsible for managing and directing the actuarial department within an organization. They play a crucial role in assessing and managing risks related to insurance, pensions, investments, and other financial products. Actuarial directors oversee the development and implementation of actuarial models, methodologies, and strategies to ensure accurate pricing, reserving, and financial reporting. They collaborate with other departments such as finance, underwriting, and product development to provide insights and recommendations on risk management and profitability.
Estimated Yearly Salary: 572,683 EUR
Estimated Monthly Salary: 47,724 EUR
Estimated Weekly Salary: 11,013 EUR per week
Estimated Hourly Salary: 275 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 45,974 EUR
Estimated Weekly Salary: 10,609 EUR per week
Estimated Hourly Salary: 265 EUR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 569,834 USD
Estimated Monthly Salary: 47,486 USD
Estimated Weekly Salary: 10,958 USD per week
Estimated Hourly Salary: 274 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: 572,683 EUR
Estimated Monthly Salary: 47,724 EUR
Estimated Weekly Salary: 11,013 EUR per week
Estimated Hourly Salary: 275 EUR per hour
By working as Actuarial Director a person can save up to 40,043 USD per month or 480,516 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 Monaco, see costs of living in Monaco.
Estimated Yearly Salary for Actuarial Director
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Medical office assistant (111,555 EUR per year, pre-tax.)
Soil scientist (165,210 EUR per year, pre-tax.)
Mobile crane operator (184,573 EUR per year, pre-tax.)
Lead generation manager (178,835 EUR per year, pre-tax.)
Chief dietitian (209,922 EUR per year, pre-tax.)
Actuarial Director salary in Monaco
Average Yearly Salary of Actuarial Director in Monaco is approximately 572,683 EUR (569,834 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 Director do?
An actuarial director is a senior-level professional responsible for managing and directing the actuarial department within an organization. They play a crucial role in assessing and managing risks related to insurance, pensions, investments, and other financial products. Actuarial directors oversee the development and implementation of actuarial models, methodologies, and strategies to ensure accurate pricing, reserving, and financial reporting. They collaborate with other departments such as finance, underwriting, and product development to provide insights and recommendations on risk management and profitability.
Skills: Actuarial analysis, Risk management, Financial modeling, Insurance industry, Pension schemes, Strategic planning
Job industry: Insurance
Job industry: Insurance
How much does Actuarial Director make?
Salary details
How much does Actuarial Director make?Estimated Yearly Salary: 572,683 EUR
Estimated Monthly Salary: 47,724 EUR
Estimated Weekly Salary: 11,013 EUR per week
Estimated Hourly Salary: 275 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 551,690 EUREstimated Monthly Salary: 45,974 EUR
Estimated Weekly Salary: 10,609 EUR per week
Estimated Hourly Salary: 265 EUR per hour
Last revision of data: 2024-01-06Actuarial Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 569,834 USD
Estimated Monthly Salary: 47,486 USD
Estimated Weekly Salary: 10,958 USD per week
Estimated Hourly Salary: 274 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Director job salary compared to average salary in Monaco.
Comparison shows that a person working as Actuarial Director in Monaco earns on average:
3.36 times the average salary (or 336% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Director job salary compared to average salary in Monaco.
Comparison shows that a person working as Actuarial Director in Monaco earns on average:
3.36 times the average salary (or 336% of average salary).
Is Actuarial Director a well paid job?
Yes, our data show that Actuarial Director 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 Director?
High salary for Actuarial Director would be somewhere between 629,951 EUR and 830,390 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Director in Monaco?
Living in Monaco the approximate monthly expenses are: 7,443 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: 572,683 EUR
Estimated Monthly Salary: 47,724 EUR
Estimated Weekly Salary: 11,013 EUR per week
Estimated Hourly Salary: 275 EUR per hour
By working as Actuarial Director a person can save up to 40,043 USD per month or 480,516 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 Monaco, see costs of living in Monaco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: France, Italy. 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 Director
France is 140,437 USD
Italy is 115,309 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 Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Medical office assistant (111,555 EUR per year, pre-tax.)
Soil scientist (165,210 EUR per year, pre-tax.)
Mobile crane operator (184,573 EUR per year, pre-tax.)
Lead generation manager (178,835 EUR per year, pre-tax.)
Chief dietitian (209,922 EUR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=monaco&job=actuarial-director'><img src='https://optisalary.com/wp-content/graphs/salary/actuarial-director-salary-in-monaco-2025.jpg' alt='actuarial director salary in monaco 2025' title='actuarial director salary in monaco 2025' /></a>
Please note:Salary information displayed on this site is informational exclusively.
All salary figures on this website are for informational use exclusively. We compile data from numerous reliable sources, yet cannot ensure complete accuracy. Before making career decisions, users should consult external authoritative sources. Salaries fluctuate due to various influences, including negotiation skills, industry demand, and experience levels. We deny any liability for errors in the salary information provided here. Your use with this website constitutes agreement of this disclaimer.
The salary data on this site is designed for informational purposes only. We offer salary insights based on multiple datasets, but cannot guarantee absolute precision. Users should consistently verify salary details with other trusted sources before making career-related decisions. Fluctuations in salary figures may arise due to various circumstances, including location, experience, and industry. We do not extend any guarantee regarding the completeness of the provided salary information. Use of this website implies acknowledgment of these terms.