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An actuarial manager is a professional responsible for managing and overseeing the actuarial function within an organization. They play a crucial role in assessing and managing risks, analyzing data, and providing insights to support strategic decision-making. Actuarial managers work closely with senior management and other stakeholders to develop and implement risk management strategies, ensuring the financial stability and profitability of the organization.
Their key responsibilities include leading a team of actuaries, conducting complex statistical analyses, developing and maintaining actuarial models, collaborating with underwriters and claims professionals, and ensuring compliance with regulatory requirements. Actuarial managers also provide guidance on pricing, reserving, and investment strategies, as well as contribute to the development of new products and services.
Estimated Yearly Salary: 2,475,498 NPR
Estimated Monthly Salary: 206,292 NPR
Estimated Weekly Salary: 47,606 NPR per week
Estimated Hourly Salary: 1,190 NPR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 199,245 NPR
Estimated Weekly Salary: 45,980 NPR per week
Estimated Hourly Salary: 1,149 NPR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 17,852 USD
Estimated Monthly Salary: 1,488 USD
Estimated Weekly Salary: 343 USD per week
Estimated Hourly Salary: 9 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: 2,475,498 NPR
Estimated Monthly Salary: 206,292 NPR
Estimated Weekly Salary: 47,606 NPR per week
Estimated Hourly Salary: 1,190 NPR per hour
By working as Actuarial Manager a person can save up to 1,194 USD per month or 14,329 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 Nepal, see costs of living in Nepal.
Estimated Yearly Salary for Actuarial Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Actuarial Manager salary in Nepal
Average Yearly Salary of Actuarial Manager in Nepal is approximately 2,475,498 NPR (17,852 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 Manager do?
An actuarial manager is a professional responsible for managing and overseeing the actuarial function within an organization. They play a crucial role in assessing and managing risks, analyzing data, and providing insights to support strategic decision-making. Actuarial managers work closely with senior management and other stakeholders to develop and implement risk management strategies, ensuring the financial stability and profitability of the organization.
Their key responsibilities include leading a team of actuaries, conducting complex statistical analyses, developing and maintaining actuarial models, collaborating with underwriters and claims professionals, and ensuring compliance with regulatory requirements. Actuarial managers also provide guidance on pricing, reserving, and investment strategies, as well as contribute to the development of new products and services.
Skills: Actuarial management, Risk assessment, Data analysis, Strategic decision-making, Financial stability, Regulatory compliance.
Job industry: Insurance
Job industry: Insurance
How much does Actuarial Manager make?
Salary details
How much does Actuarial Manager make?Estimated Yearly Salary: 2,475,498 NPR
Estimated Monthly Salary: 206,292 NPR
Estimated Weekly Salary: 47,606 NPR per week
Estimated Hourly Salary: 1,190 NPR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,390,939 NPREstimated Monthly Salary: 199,245 NPR
Estimated Weekly Salary: 45,980 NPR per week
Estimated Hourly Salary: 1,149 NPR per hour
Last revision of data: 2024-01-05Actuarial Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 17,852 USD
Estimated Monthly Salary: 1,488 USD
Estimated Weekly Salary: 343 USD per week
Estimated Hourly Salary: 9 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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Country:
Salary comparison to National average
Nepal is a landlocked country situated in South Asia. It is bordered by China to the north and India to the south, east, and west. With a population of approximately 30 million people, Nepal is known for its rich cultural heritage and diverse ethnic groups. The country covers an area of about 147,516 square kilometers, making it relatively small in size compared to its neighboring countries.
Estimated national average yearly salary is 935,997 NPR (7,340 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Manager job salary compared to average salary in Nepal.
Comparison shows that a person working as Actuarial Manager in Nepal earns on average:
2.64 times the average salary (or 264% of average salary).
Estimated national average yearly salary is 935,997 NPR (7,340 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Manager job salary compared to average salary in Nepal.
Comparison shows that a person working as Actuarial Manager in Nepal earns on average:
2.64 times the average salary (or 264% of average salary).
Is Actuarial Manager a well paid job?
Yes, our data show that Actuarial Manager 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 Manager?
High salary for Actuarial Manager would be somewhere between 2,723,048 NPR and 3,589,472 NPR. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Manager in Nepal?
Living in Nepal the approximate monthly expenses are: 294 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: 2,475,498 NPR
Estimated Monthly Salary: 206,292 NPR
Estimated Weekly Salary: 47,606 NPR per week
Estimated Hourly Salary: 1,190 NPR per hour
By working as Actuarial Manager a person can save up to 1,194 USD per month or 14,329 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 Nepal, see costs of living in Nepal.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, China. 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 Manager
India is 54,258 USD
China is 31,061 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 Nepal
(10,629,349 NPR per year, pre-tax.)
2. Cardiologist
(8,881,157 NPR per year, pre-tax.)
(8,585,789 NPR per year, pre-tax.)
(8,315,793 NPR per year, pre-tax.)
5. Neurosurgeon
(8,292,742 NPR per year, pre-tax.)
6. Urologist
(8,100,616 NPR per year, pre-tax.)
(8,093,498 NPR per year, pre-tax.)
(8,083,986 NPR per year, pre-tax.)
(8,083,401 NPR per year, pre-tax.)
10. Dermatologist
(8,081,087 NPR per year, pre-tax.)
Data as of 2025Random salary:
Teacher in training (934,219 NPR per year, pre-tax.)
Casino host (889,600 NPR per year, pre-tax.)
Weatherman (1,023,179 NPR per year, pre-tax.)
Branch manager staffing firm (1,015,096 NPR per year, pre-tax.)
Public health nurse (1,657,019 NPR per year, pre-tax.)
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