Home > Salary > Nepal > 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: 2,486,375 NPR
Estimated Monthly Salary: 207,198 NPR
Estimated Weekly Salary: 47,815 NPR per week
Estimated Hourly Salary: 1,195 NPR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 200,172 NPR
Estimated Weekly Salary: 46,193 NPR per week
Estimated Hourly Salary: 1,155 NPR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 17,881 USD
Estimated Monthly Salary: 1,490 USD
Estimated Weekly Salary: 344 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: 2,486,375 NPR
Estimated Monthly Salary: 207,198 NPR
Estimated Weekly Salary: 47,815 NPR per week
Estimated Hourly Salary: 1,195 NPR per hour
By working as Senior Actuary a person can save up to 1,196 USD per month or 14,358 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 Senior Actuary
Last revision of data: 2025-01-04
Data as of 2025
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Senior Actuary salary in Nepal
Average Yearly Salary of Senior Actuary in Nepal is approximately 2,486,375 NPR (17,881 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: 2,486,375 NPR
Estimated Monthly Salary: 207,198 NPR
Estimated Weekly Salary: 47,815 NPR per week
Estimated Hourly Salary: 1,195 NPR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,402,059 NPREstimated Monthly Salary: 200,172 NPR
Estimated Weekly Salary: 46,193 NPR per week
Estimated Hourly Salary: 1,155 NPR per hour
Last revision of data: 2024-01-03Senior Actuary estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 17,881 USD
Estimated Monthly Salary: 1,490 USD
Estimated Weekly Salary: 344 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 Senior Actuary job salary compared to average salary in Nepal.
Comparison shows that a person working as Senior Actuary in Nepal earns on average:
2.66 times the average salary (or 266% of average salary).
Estimated national average yearly salary is 935,997 NPR (7,340 USD). Value indicated is pre-tax. Below graph shows estimated Senior Actuary job salary compared to average salary in Nepal.
Comparison shows that a person working as Senior Actuary in Nepal earns on average:
2.66 times the average salary (or 266% 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 2,735,013 NPR and 3,605,244 NPR. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Actuary 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: 2,486,375 NPR
Estimated Monthly Salary: 207,198 NPR
Estimated Weekly Salary: 47,815 NPR per week
Estimated Hourly Salary: 1,195 NPR per hour
By working as Senior Actuary a person can save up to 1,196 USD per month or 14,358 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 Senior Actuary
India is 54,549 USD
China is 31,365 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:
Bereavement coordinator hospice home care (786,288 NPR per year, pre-tax.)
Carpet layer (454,876 NPR per year, pre-tax.)
Vascular medicine specialist (4,358,559 NPR per year, pre-tax.)
Dog kennel worker (366,960 NPR per year, pre-tax.)
Salesco-opcommissions administrator (588,845 NPR per year, pre-tax.)
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The salary figures on this website are meant for informational use only. We collect salary data from multiple sources, but cannot guarantee complete accuracy. Users must independently confirm salaries before making career decisions. Salary fluctuations occur due to company policies, negotiation skills, and experience levels. We disclaim any warranty regarding the validity of the listed salary data. By using this site, you acknowledge that salary data is not definitive.
The salary figures on optisalary.com are meant for informational purposes exclusively. We collect salary data from varied sources, but cannot guarantee absolute precision. Users must independently confirm salaries before making career commitments. Salary fluctuations occur due to industry standards, demand shifts, and location. We deny any warranty regarding the correctness of the provided salary data. By accessing this site, you acknowledge that salary data is not definitive.