Home > Salary > Philippines > 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: 407,926 PHP
Estimated Monthly Salary: 33,994 PHP
Estimated Weekly Salary: 7,845 PHP per week
Estimated Hourly Salary: 196 PHP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 32,935 PHP
Estimated Weekly Salary: 7,600 PHP per week
Estimated Hourly Salary: 190 PHP per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 6,822 USD
Estimated Monthly Salary: 569 USD
Estimated Weekly Salary: 131 USD per week
Estimated Hourly Salary: 3 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: 407,926 PHP
Estimated Monthly Salary: 33,994 PHP
Estimated Weekly Salary: 7,845 PHP per week
Estimated Hourly Salary: 196 PHP per hour
By working as Senior Actuarial Analyst a person can save up to 411 USD per month or 4,926 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 Philippines, see costs of living in Philippines.
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 Philippines
Average Yearly Salary of Senior Actuarial Analyst in Philippines is approximately 407,926 PHP (6,822 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?
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.
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: 407,926 PHP
Estimated Monthly Salary: 33,994 PHP
Estimated Weekly Salary: 7,845 PHP per week
Estimated Hourly Salary: 196 PHP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 395,220 PHPEstimated Monthly Salary: 32,935 PHP
Estimated Weekly Salary: 7,600 PHP per week
Estimated Hourly Salary: 190 PHP per hour
Last revision of data: 2024-01-06Senior Actuarial Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,822 USD
Estimated Monthly Salary: 569 USD
Estimated Weekly Salary: 131 USD per week
Estimated Hourly Salary: 3 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
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Salary comparison to National average
The Philippines is an archipelagic country located in Southeast Asia. It is composed of more than 7,000 islands and has a total land area of approximately 300,000 square kilometers. The population of the Philippines is around 110 million people, making it the 13th most populous country in the world. The capital city is Manila, which is one of the most densely populated cities globally.
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Senior Actuarial Analyst job salary compared to average salary in Philippines.
Comparison shows that a person working as Senior Actuarial Analyst in Philippines earns on average:
1.86 times the average salary (or 186% of average salary).
Estimated national average yearly salary is 218,988 PHP (3,950 USD). Value indicated is pre-tax. Below graph shows estimated Senior Actuarial Analyst job salary compared to average salary in Philippines.
Comparison shows that a person working as Senior Actuarial Analyst in Philippines earns on average:
1.86 times the average salary (or 186% 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 448,719 PHP and 591,493 PHP. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Actuarial Analyst in Philippines?
Living in Philippines the approximate monthly expenses are: 158 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: 407,926 PHP
Estimated Monthly Salary: 33,994 PHP
Estimated Weekly Salary: 7,845 PHP per week
Estimated Hourly Salary: 196 PHP per hour
By working as Senior Actuarial Analyst a person can save up to 411 USD per month or 4,926 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 Philippines, see costs of living in Philippines.
Salary comparison to region and neighbouring coutries
Country's neighbours are: China, Taiwan, Vietnam, Malaysia, Indonesia, Brunei.. 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
China is 22,263 USD
Vietnam is 6,947 USD
Malaysia is 30,745 USD
Indonesia is 18,216 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 Philippines
(2,481,728 PHP per year, pre-tax.)
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4. Neurosurgeon
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6. Urologist
(1,880,648 PHP per year, pre-tax.)
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9. Oncologist
(1,875,578 PHP per year, pre-tax.)
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Data as of 2025Random salary:
Manager job analysis (350,225 PHP per year, pre-tax.)
Railroad inspector (220,587 PHP per year, pre-tax.)
Forensic scientist (189,628 PHP per year, pre-tax.)
Machine tool electrician (141,278 PHP per year, pre-tax.)
Pr account executive (204,060 PHP per year, pre-tax.)
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