Home > Salary > Norway > Senior Actuarial Analyst
The occupation of a senior actuarial analyst involves analyzing and interpreting complex data to assess and manage risks for insurance companies, financial institutions, or consulting firms. These professionals use mathematical models and statistical techniques to evaluate the probability and potential impact of events such as accidents, natural disasters, or changes in financial markets. They work closely with underwriters, investment managers, and other stakeholders to develop strategies for pricing policies, setting reserves, and managing portfolios.
Senior actuarial analysts are responsible for conducting research, preparing reports, and making recommendations to support strategic decision-making. They also play a crucial role in ensuring compliance with regulatory requirements and industry standards. Strong analytical skills, proficiency in programming languages and statistical software, and excellent communication abilities are essential for success in this occupation.
Estimated Yearly Salary: 1,810,876 NOK
Estimated Monthly Salary: 150,906 NOK
Estimated Weekly Salary: 34,825 NOK per week
Estimated Hourly Salary: 871 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 146,009 NOK
Estimated Weekly Salary: 33,694 NOK per week
Estimated Hourly Salary: 842 NOK per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 165,293 USD
Estimated Monthly Salary: 13,774 USD
Estimated Weekly Salary: 3,179 USD per week
Estimated Hourly Salary: 79 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: 1,810,876 NOK
Estimated Monthly Salary: 150,906 NOK
Estimated Weekly Salary: 34,825 NOK per week
Estimated Hourly Salary: 871 NOK per hour
By working as Senior Actuarial Analyst a person can save up to 9,954 USD per month or 119,448 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 Senior Actuarial Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Senior Actuarial Analyst salary in Norway
Average Yearly Salary of Senior Actuarial Analyst in Norway is approximately 1,810,876 NOK (165,293 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 Actuarial Analyst do?

Skills: senior actuarial analyst, risk management, data analysis, statistical modeling, insurance industry, financial risk assessment
Job industry: Insurance
Job industry: Insurance
How much does Senior Actuarial Analyst make?
Salary details
How much does Senior Actuarial Analyst make?Estimated Yearly Salary: 1,810,876 NOK
Estimated Monthly Salary: 150,906 NOK
Estimated Weekly Salary: 34,825 NOK per week
Estimated Hourly Salary: 871 NOK per hour
Comparing salary to last year:
Estimated Yearly Salary: 1,752,102 NOKEstimated Monthly Salary: 146,009 NOK
Estimated Weekly Salary: 33,694 NOK per week
Estimated Hourly Salary: 842 NOK per hour
Senior Actuarial Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 165,293 USD
Estimated Monthly Salary: 13,774 USD
Estimated Weekly Salary: 3,179 USD per week
Estimated Hourly Salary: 79 USD per hour
Difference in salary year over year or average salary increase is approximately
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 Senior Actuarial Analyst job salary compared to average salary in Norway.
Comparison shows that a person working as Senior Actuarial Analyst in Norway earns on average:
1.85 times the average salary (or 185% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Senior Actuarial Analyst job salary compared to average salary in Norway.
Comparison shows that a person working as Senior Actuarial Analyst in Norway earns on average:
1.85 times the average salary (or 185% of average salary).
Is Senior Actuarial Analyst a well paid job?
Yes, our data shows that Senior 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 Senior Actuarial Analyst?
High salary for Senior Actuarial Analyst would be somewhere between 1,991,964 NOK and 2,625,770 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior 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: 1,810,876 NOK
Estimated Monthly Salary: 150,906 NOK
Estimated Weekly Salary: 34,825 NOK per week
Estimated Hourly Salary: 871 NOK per hour
By working as Senior Actuarial Analyst a person can save up to 9,954 USD per month or 119,448 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 Senior Actuarial Analyst
Salary 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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Norway
(10,937,756 NOK per year, pre-tax.)
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4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
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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.)
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