Home > Salary > Saudi Arabia > Actuarial Assistant
An actuarial assistant is responsible for providing support to actuaries in the insurance and financial industries. They assist in analyzing data, conducting research, and developing models to evaluate and manage risk. Actuarial assistants help in preparing reports, presentations, and recommendations based on their analysis. They may also assist in pricing insurance policies, calculating premiums, and determining reserves.
Actuarial assistants need strong analytical and mathematical skills to work with complex data sets and perform statistical analysis. They must have a solid understanding of financial concepts, insurance principles, and risk management techniques. Attention to detail, problem-solving abilities, and proficiency in computer software, such as Excel and statistical modeling tools, are essential for this role.
Estimated Yearly Salary: 147,732 SAR
Estimated Monthly Salary: 12,311 SAR
Estimated Weekly Salary: 2,841 SAR per week
Estimated Hourly Salary: 71 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 11,929 SAR
Estimated Weekly Salary: 2,753 SAR per week
Estimated Hourly Salary: 69 SAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 36,944 USD
Estimated Monthly Salary: 3,079 USD
Estimated Weekly Salary: 710 USD per week
Estimated Hourly Salary: 18 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: 147,732 SAR
Estimated Monthly Salary: 12,311 SAR
Estimated Weekly Salary: 2,841 SAR per week
Estimated Hourly Salary: 71 SAR per hour
By working as Actuarial Assistant a person can save up to 1,975 USD per month or 23,701 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 Saudi Arabia, see costs of living in Saudi Arabia.
Estimated Yearly Salary for Actuarial Assistant
Last revision of data: 2025-01-04
Data as of 2025
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Actuarial Assistant salary in Saudi Arabia
Average Yearly Salary of Actuarial Assistant in Saudi Arabia is approximately 147,732 SAR (36,944 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 Assistant do?
An actuarial assistant is responsible for providing support to actuaries in the insurance and financial industries. They assist in analyzing data, conducting research, and developing models to evaluate and manage risk. Actuarial assistants help in preparing reports, presentations, and recommendations based on their analysis. They may also assist in pricing insurance policies, calculating premiums, and determining reserves.
Actuarial assistants need strong analytical and mathematical skills to work with complex data sets and perform statistical analysis. They must have a solid understanding of financial concepts, insurance principles, and risk management techniques. Attention to detail, problem-solving abilities, and proficiency in computer software, such as Excel and statistical modeling tools, are essential for this role.
Skills: Actuarial analysis, Risk management, Insurance industry, Financial analysis, Statistical modeling, Data analysis
Job industry: Insurance
Job industry: Insurance
How much does Actuarial Assistant make?
Salary details
How much does Actuarial Assistant make?Estimated Yearly Salary: 147,732 SAR
Estimated Monthly Salary: 12,311 SAR
Estimated Weekly Salary: 2,841 SAR per week
Estimated Hourly Salary: 71 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 143,148 SAREstimated Monthly Salary: 11,929 SAR
Estimated Weekly Salary: 2,753 SAR per week
Estimated Hourly Salary: 69 SAR per hour
Last revision of data: 2024-01-03Actuarial Assistant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 36,944 USD
Estimated Monthly Salary: 3,079 USD
Estimated Weekly Salary: 710 USD per week
Estimated Hourly Salary: 18 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
Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is a country located in the Middle East. With a population of approximately 34 million people, it is the 40th most populous country in the world. The nation covers an area of about 2.15 million square kilometers, making it the 13th largest country globally. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south.
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Assistant job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Actuarial Assistant in Saudi Arabia earns on average:
1.43 times the average salary (or 143% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Assistant job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Actuarial Assistant in Saudi Arabia earns on average:
1.43 times the average salary (or 143% of average salary).
Is Actuarial Assistant a well paid job?
Yes, our data shows that Actuarial Assistant 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 Assistant?
High salary for Actuarial Assistant would be somewhere between 162,505 SAR and 214,211 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Assistant in Saudi Arabia?
Living in Saudi Arabia the approximate monthly expenses are: 1,104 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: 147,732 SAR
Estimated Monthly Salary: 12,311 SAR
Estimated Weekly Salary: 2,841 SAR per week
Estimated Hourly Salary: 71 SAR per hour
By working as Actuarial Assistant a person can save up to 1,975 USD per month or 23,701 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 Saudi Arabia, see costs of living in Saudi Arabia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Jordan, Iraq, Kuwait, Qatar, Bahrain, United Arab Emirates, Oman, Yemen. 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 Assistant
Jordan is 12,764 USD
Iraq is 8,025 USD
Kuwait is 17,986 USD
Qatar is 94,311 USD
Bahrain is 23,885 USD
United Arab Emirates is 65,833 USD
Oman is 12,192 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 Saudi Arabia
(1,155,796 SAR per year, pre-tax.)
2. Cardiologist
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
4. Neurosurgeon
(900,367 SAR per year, pre-tax.)
(897,041 SAR per year, pre-tax.)
(877,388 SAR per year, pre-tax.)
(874,133 SAR per year, pre-tax.)
(873,498 SAR per year, pre-tax.)
9. Urologist
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)
Data as of 2025Random salary:
Account management coordinator (63,079 SAR per year, pre-tax.)
Athletic shoemaker (126,308 SAR per year, pre-tax.)
Budget and policy analyst (147,960 SAR per year, pre-tax.)
Metal worker (95,032 SAR per year, pre-tax.)
Rail traffic controller (179,236 SAR per year, pre-tax.)
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