Home > Salary > New Zealand > 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: 149,337 NZD
Estimated Monthly Salary: 12,445 NZD
Estimated Weekly Salary: 2,872 NZD per week
Estimated Hourly Salary: 72 NZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,061 NZD
Estimated Weekly Salary: 2,783 NZD per week
Estimated Hourly Salary: 70 NZD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 75,056 USD
Estimated Monthly Salary: 6,255 USD
Estimated Weekly Salary: 1,443 USD per week
Estimated Hourly Salary: 36 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: 149,337 NZD
Estimated Monthly Salary: 12,445 NZD
Estimated Weekly Salary: 2,872 NZD per week
Estimated Hourly Salary: 72 NZD per hour
By working as Actuarial Associate a person can save up to 4,316 USD per month or 51,795 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 New Zealand, see costs of living in New Zealand.
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 New Zealand
Average Yearly Salary of Actuarial Associate in New Zealand is approximately 149,337 NZD (75,056 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: 149,337 NZD
Estimated Monthly Salary: 12,445 NZD
Estimated Weekly Salary: 2,872 NZD per week
Estimated Hourly Salary: 72 NZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 144,730 NZDEstimated Monthly Salary: 12,061 NZD
Estimated Weekly Salary: 2,783 NZD per week
Estimated Hourly Salary: 70 NZD per hour
Last revision of data: 2024-01-09Actuarial Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 75,056 USD
Estimated Monthly Salary: 6,255 USD
Estimated Weekly Salary: 1,443 USD per week
Estimated Hourly Salary: 36 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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Country:
Salary comparison to National average
New Zealand, a beautiful island country in the southwestern Pacific Ocean, is known for its stunning landscapes, diverse wildlife, and vibrant Maori culture. With a population of around 5 million people, it is sparsely populated compared to its size. The country covers an area of approximately 268,000 square kilometers and consists of two main islands, the North Island and the South Island, along with numerous smaller islands.
Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Associate job salary compared to average salary in New Zealand.
Comparison shows that a person working as Actuarial Associate in New Zealand earns on average:
1.85 times the average salary (or 185% of average salary).
Estimated national average yearly salary is 80,807 NZD (48,460 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Associate job salary compared to average salary in New Zealand.
Comparison shows that a person working as Actuarial Associate in New Zealand earns on average:
1.85 times the average salary (or 185% 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 164,271 NZD and 216,539 NZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Associate in New Zealand?
Living in New Zealand the approximate monthly expenses are: 1,938 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: 149,337 NZD
Estimated Monthly Salary: 12,445 NZD
Estimated Weekly Salary: 2,872 NZD per week
Estimated Hourly Salary: 72 NZD per hour
By working as Actuarial Associate a person can save up to 4,316 USD per month or 51,795 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 New Zealand, see costs of living in New Zealand.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Australia, Fiji, New Caledonia, Tonga, Samoa. 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
Australia is 93,524 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 New Zealand
(1,008,623 NZD per year, pre-tax.)
2. Cardiologist
(843,890 NZD per year, pre-tax.)
(810,735 NZD per year, pre-tax.)
(786,864 NZD per year, pre-tax.)
5. Neurosurgeon
(786,039 NZD per year, pre-tax.)
(769,764 NZD per year, pre-tax.)
7. Oncologist
(768,008 NZD per year, pre-tax.)
(767,682 NZD per year, pre-tax.)
(767,202 NZD per year, pre-tax.)
(766,991 NZD per year, pre-tax.)
Data as of 2025Random salary:
Editor magazine (99,393 NZD per year, pre-tax.)
Certified tumor registrar (88,740 NZD per year, pre-tax.)
Engine lathe setup operator (58,989 NZD per year, pre-tax.)
Sales representative government (100,645 NZD per year, pre-tax.)
Shuttle car operator (55,951 NZD per year, pre-tax.)
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The salary figures on this website are meant for reference use exclusively. We collect salary data from multiple sources, but cannot ensure complete accuracy. Users should independently confirm salaries before making career commitments. Salary variations occur due to company policies, negotiation skills, and experience levels. We deny any guarantee regarding the correctness of the listed salary data. By using this site, you agree that salary data is subject to updates.
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