Home > Salary > Myanmar > 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: 24,566,822 MMK
Estimated Monthly Salary: 2,047,235 MMK
Estimated Weekly Salary: 472,439 MMK per week
Estimated Hourly Salary: 11,811 MMK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,983,210 MMK
Estimated Weekly Salary: 457,664 MMK per week
Estimated Hourly Salary: 11,442 MMK per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 10,811 USD
Estimated Monthly Salary: 901 USD
Estimated Weekly Salary: 208 USD per week
Estimated Hourly Salary: 5 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: 24,566,822 MMK
Estimated Monthly Salary: 2,047,235 MMK
Estimated Weekly Salary: 472,439 MMK per week
Estimated Hourly Salary: 11,811 MMK per hour
By working as Actuarial Director a person can save up to 761 USD per month or 9,126 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 Director
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Actuarial Director salary in Myanmar
Average Yearly Salary of Actuarial Director in Myanmar is approximately 24,566,822 MMK (10,811 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: 24,566,822 MMK
Estimated Monthly Salary: 2,047,235 MMK
Estimated Weekly Salary: 472,439 MMK per week
Estimated Hourly Salary: 11,811 MMK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 23,798,522 MMKEstimated Monthly Salary: 1,983,210 MMK
Estimated Weekly Salary: 457,664 MMK per week
Estimated Hourly Salary: 11,442 MMK 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: 10,811 USD
Estimated Monthly Salary: 901 USD
Estimated Weekly Salary: 208 USD per week
Estimated Hourly Salary: 5 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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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 Director job salary compared to average salary in Myanmar.
Comparison shows that a person working as Actuarial Director in Myanmar earns on average:
3.34 times the average salary (or 334% 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 Director job salary compared to average salary in Myanmar.
Comparison shows that a person working as Actuarial Director in Myanmar earns on average:
3.34 times the average salary (or 334% 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 27,023,504 MMK and 35,621,892 MMK. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Director 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: 24,566,822 MMK
Estimated Monthly Salary: 2,047,235 MMK
Estimated Weekly Salary: 472,439 MMK per week
Estimated Hourly Salary: 11,811 MMK per hour
By working as Actuarial Director a person can save up to 761 USD per month or 9,126 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 Director
India is 68,461 USD
Bangladesh is 8,665 USD
China is 39,283 USD
Thailand is 22,206 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:
Garment inspector (3,239,312 MMK per year, pre-tax.)
Associate dentist (14,185,223 MMK per year, pre-tax.)
Family service worker (3,579,674 MMK per year, pre-tax.)
Inventory assistant (4,988,925 MMK per year, pre-tax.)
Government program manager (11,635,508 MMK per year, pre-tax.)
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