Home > Salary > Norway > Junior Actuarial Analyst
A junior actuarial analyst is an entry-level position in the field of actuarial science. Actuaries are professionals who use mathematical and statistical techniques to assess and manage risks in various industries, such as insurance, finance, and healthcare. As a junior actuarial analyst, your main responsibilities would include collecting and analyzing data, developing mathematical models, and assisting senior actuaries in assessing risk and making financial predictions. You would also be involved in preparing reports, conducting research, and staying updated with industry trends and regulations. This role requires strong analytical skills, attention to detail, and proficiency in mathematical modeling software. Effective communication and teamwork are also essential, as you may need to collaborate with other professionals to provide accurate assessments and recommendations.
Estimated Yearly Salary: 1,311,910 NOK
Estimated Monthly Salary: 109,326 NOK
Estimated Weekly Salary: 25,229 NOK per week
Estimated Hourly Salary: 631 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 105,928 NOK
Estimated Weekly Salary: 24,445 NOK per week
Estimated Hourly Salary: 611 NOK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 119,929 USD
Estimated Monthly Salary: 9,994 USD
Estimated Weekly Salary: 2,306 USD per week
Estimated Hourly Salary: 58 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: 1,311,910 NOK
Estimated Monthly Salary: 109,326 NOK
Estimated Weekly Salary: 25,229 NOK per week
Estimated Hourly Salary: 631 NOK per hour
By working as Junior Actuarial Analyst a person can save up to 6,174 USD per month or 74,084 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 Norway, see costs of living in Norway.
Estimated Yearly Salary for Junior Actuarial Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Junior Actuarial Analyst salary in Norway
Average Yearly Salary of Junior Actuarial Analyst in Norway is approximately 1,311,910 NOK (119,929 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 Junior Actuarial Analyst do?
A junior actuarial analyst is an entry-level position in the field of actuarial science. Actuaries are professionals who use mathematical and statistical techniques to assess and manage risks in various industries, such as insurance, finance, and healthcare. As a junior actuarial analyst, your main responsibilities would include collecting and analyzing data, developing mathematical models, and assisting senior actuaries in assessing risk and making financial predictions. You would also be involved in preparing reports, conducting research, and staying updated with industry trends and regulations. This role requires strong analytical skills, attention to detail, and proficiency in mathematical modeling software. Effective communication and teamwork are also essential, as you may need to collaborate with other professionals to provide accurate assessments and recommendations.
Skills: actuarial science, risk assessment, data analysis, mathematical modeling, insurance industry, financial predictions
Job industry: Insurance
Job industry: Insurance
How much does Junior Actuarial Analyst make?
Salary details
How much does Junior Actuarial Analyst make?Estimated Yearly Salary: 1,311,910 NOK
Estimated Monthly Salary: 109,326 NOK
Estimated Weekly Salary: 25,229 NOK per week
Estimated Hourly Salary: 631 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,271,138 NOKEstimated Monthly Salary: 105,928 NOK
Estimated Weekly Salary: 24,445 NOK per week
Estimated Hourly Salary: 611 NOK per hour
Last revision of data: 2024-01-08Junior Actuarial Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 119,929 USD
Estimated Monthly Salary: 9,994 USD
Estimated Weekly Salary: 2,306 USD per week
Estimated Hourly Salary: 58 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
Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Junior Actuarial Analyst job salary compared to average salary in Norway.
Comparison shows that a person working as Junior Actuarial Analyst in Norway earns on average:
1.34 times the average salary (or 134% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Junior Actuarial Analyst job salary compared to average salary in Norway.
Comparison shows that a person working as Junior Actuarial Analyst in Norway earns on average:
1.34 times the average salary (or 134% of average salary).
Is Junior Actuarial Analyst a well paid job?
Yes, our data shows that Junior Actuarial Analyst 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 Junior Actuarial Analyst?
High salary for Junior Actuarial Analyst would be somewhere between 1,443,101 NOK and 1,902,270 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Junior Actuarial Analyst in Norway?
Living in Norway the approximate monthly expenses are: 3,820 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: 1,311,910 NOK
Estimated Monthly Salary: 109,326 NOK
Estimated Weekly Salary: 25,229 NOK per week
Estimated Hourly Salary: 631 NOK per hour
By working as Junior Actuarial Analyst a person can save up to 6,174 USD per month or 74,084 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 Norway, see costs of living in Norway.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sweden, Finland, Russia, Denmark. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Junior Actuarial Analyst
Sweden is 78,917 USD
Finland is 67,925 USD
Russia is 16,023 USD
Denmark is 91,403 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 Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)
Data as of 2025Random salary:
Instrument mechanic (1,419,853 NOK per year, pre-tax.)
Associate professor of physics (889,234 NOK per year, pre-tax.)
Miner (820,732 NOK per year, pre-tax.)
Telephone installer (751,106 NOK per year, pre-tax.)
Veterinarian receptionist (503,877 NOK per year, pre-tax.)
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