Home > Salary > Myanmar > Actuarial Associate
An actuarial associate is a professional who works in the field of actuarial science. They are responsible for analyzing and interpreting data to assess and manage risks for insurance companies, financial institutions, and other organizations. Actuarial associates use mathematical and statistical models to calculate the probability of certain events occurring, such as accidents, illnesses, or natural disasters, and determine the financial impact of these events. They also design and evaluate insurance policies, develop pricing strategies, and provide recommendations on risk management.
Estimated Yearly Salary: 12,450,133 MMK
Estimated Monthly Salary: 1,037,511 MMK
Estimated Weekly Salary: 239,426 MMK per week
Estimated Hourly Salary: 5,986 MMK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 998,847 MMK
Estimated Weekly Salary: 230,503 MMK per week
Estimated Hourly Salary: 5,763 MMK per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 5,409 USD
Estimated Monthly Salary: 451 USD
Estimated Weekly Salary: 104 USD per week
Estimated Hourly Salary: 3 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: 12,450,133 MMK
Estimated Monthly Salary: 1,037,511 MMK
Estimated Weekly Salary: 239,426 MMK per week
Estimated Hourly Salary: 5,986 MMK per hour
By working as Actuarial Associate a person can save up to 310 USD per month or 3,724 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 Myanmar, see costs of living in Myanmar.
Estimated Yearly Salary for Actuarial Associate
Last revision of data: 2025-01-04
Data as of 2025
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Actuarial Associate salary in Myanmar
Average Yearly Salary of Actuarial Associate in Myanmar is approximately 12,450,133 MMK (5,409 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 Associate do?
An actuarial associate is a professional who works in the field of actuarial science. They are responsible for analyzing and interpreting data to assess and manage risks for insurance companies, financial institutions, and other organizations. Actuarial associates use mathematical and statistical models to calculate the probability of certain events occurring, such as accidents, illnesses, or natural disasters, and determine the financial impact of these events. They also design and evaluate insurance policies, develop pricing strategies, and provide recommendations on risk management.
Skills: Actuarial science, Risk assessment, Data analysis, Statistical modeling, Insurance industry, Risk management
Job industry: Insurance
Job industry: Insurance
How much does Actuarial Associate make?
Salary details
How much does Actuarial Associate make?Estimated Yearly Salary: 12,450,133 MMK
Estimated Monthly Salary: 1,037,511 MMK
Estimated Weekly Salary: 239,426 MMK per week
Estimated Hourly Salary: 5,986 MMK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 11,986,167 MMKEstimated Monthly Salary: 998,847 MMK
Estimated Weekly Salary: 230,503 MMK per week
Estimated Hourly Salary: 5,763 MMK per hour
Last revision of data: 2024-01-07Actuarial Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,409 USD
Estimated Monthly Salary: 451 USD
Estimated Weekly Salary: 104 USD per week
Estimated Hourly Salary: 3 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
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Salary comparison to National average
Myanmar, also known as Burma, is a country located in Southeast Asia. With a population of approximately 54 million people, it is the 26th most populous country in the world. The nation covers an area of around 676,578 square kilometers, making it the 40th largest country in terms of land area.
Estimated national average yearly salary is 7,363,980 MMK (3,510 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Associate job salary compared to average salary in Myanmar.
Comparison shows that a person working as Actuarial Associate in Myanmar earns on average:
1.69 times the average salary (or 169% of average salary).
Estimated national average yearly salary is 7,363,980 MMK (3,510 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Associate job salary compared to average salary in Myanmar.
Comparison shows that a person working as Actuarial Associate in Myanmar earns on average:
1.69 times the average salary (or 169% of average salary).
Is Actuarial Associate a well paid job?
Yes, our data shows that Actuarial Associate is a 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 Associate?
High salary for Actuarial Associate would be somewhere between 13,695,146 MMK and 18,052,693 MMK. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Associate in Myanmar?
Living in Myanmar the approximate monthly expenses are: 140 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: 12,450,133 MMK
Estimated Monthly Salary: 1,037,511 MMK
Estimated Weekly Salary: 239,426 MMK per week
Estimated Hourly Salary: 5,986 MMK per hour
By working as Actuarial Associate a person can save up to 310 USD per month or 3,724 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 Myanmar, see costs of living in Myanmar.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Bangladesh, China, Laos, Thailand. 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 Associate
India is 34,682 USD
Bangladesh is 4,361 USD
China is 19,926 USD
Thailand is 11,146 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 Myanmar
(83,862,518 MMK per year, pre-tax.)
2. Cardiologist
(69,987,991 MMK per year, pre-tax.)
(67,281,160 MMK per year, pre-tax.)
(65,258,796 MMK per year, pre-tax.)
5. Neurosurgeon
(65,192,663 MMK per year, pre-tax.)
(63,906,515 MMK per year, pre-tax.)
(63,864,729 MMK per year, pre-tax.)
8. Oncologist
(63,598,524 MMK per year, pre-tax.)
9. Urologist
(63,573,880 MMK per year, pre-tax.)
10. Dermatologist
(63,550,989 MMK per year, pre-tax.)
Data as of 2025Random salary:
Flight instructor (6,701,012 MMK per year, pre-tax.)
Fuel cell engineer (13,454,632 MMK per year, pre-tax.)
Medical scribe (4,266,343 MMK per year, pre-tax.)
Landscape designer (7,963,334 MMK per year, pre-tax.)
Sales marketing assistant (3,774,322 MMK per year, pre-tax.)
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