Home > Salary > Singapore > Entry Level Actuarial Analyst
An entry-level actuarial analyst is responsible for analyzing data and providing statistical information to assess risks and make informed decisions. They work in insurance companies, financial institutions, and consulting firms. Their main tasks include collecting and organizing data, performing calculations using actuarial models, preparing reports, and assisting in the development of pricing strategies and risk management plans. Actuarial analysts also collaborate with other professionals, such as underwriters and claims adjusters, to evaluate insurance policies and claims.
Estimated Yearly Salary: 161,124 SGD
Estimated Monthly Salary: 13,427 SGD
Estimated Weekly Salary: 3,099 SGD per week
Estimated Hourly Salary: 77 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,941 SGD
Estimated Weekly Salary: 2,986 SGD per week
Estimated Hourly Salary: 75 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 80,355 USD
Estimated Monthly Salary: 6,696 USD
Estimated Weekly Salary: 1,545 USD per week
Estimated Hourly Salary: 39 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 161,124 SGD
Estimated Monthly Salary: 13,427 SGD
Estimated Weekly Salary: 3,099 SGD per week
Estimated Hourly Salary: 77 SGD per hour
By working as Entry Level Actuarial Analyst a person can save up to 4,008 USD per month or 48,099 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 Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Entry Level Actuarial Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Casting assistant (74,712 SGD per year, pre-tax.)
Branch manager banking (103,007 SGD per year, pre-tax.)
Entry Level Actuarial Analyst salary in Singapore
Average Yearly Salary of Entry Level Actuarial Analyst in Singapore is approximately 161,124 SGD (80,355 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 Entry Level Actuarial Analyst do?
An entry-level actuarial analyst is responsible for analyzing data and providing statistical information to assess risks and make informed decisions. They work in insurance companies, financial institutions, and consulting firms. Their main tasks include collecting and organizing data, performing calculations using actuarial models, preparing reports, and assisting in the development of pricing strategies and risk management plans. Actuarial analysts also collaborate with other professionals, such as underwriters and claims adjusters, to evaluate insurance policies and claims.
Skills: actuarial analyst, entry-level, risk assessment, data analysis, insurance industry, financial institutions
Job industry: Insurance
Job industry: Insurance
How much does Entry Level Actuarial Analyst make?
Salary details
How much does Entry Level Actuarial Analyst make?Estimated Yearly Salary: 161,124 SGD
Estimated Monthly Salary: 13,427 SGD
Estimated Weekly Salary: 3,099 SGD per week
Estimated Hourly Salary: 77 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 155,286 SGDEstimated Monthly Salary: 12,941 SGD
Estimated Weekly Salary: 2,986 SGD per week
Estimated Hourly Salary: 75 SGD per hour
Last revision of data: 2024-01-03Entry Level Actuarial Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 80,355 USD
Estimated Monthly Salary: 6,696 USD
Estimated Weekly Salary: 1,545 USD per week
Estimated Hourly Salary: 39 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Entry Level Actuarial Analyst job salary compared to average salary in Singapore.
Comparison shows that a person working as Entry Level Actuarial Analyst in Singapore earns on average:
1.69 times the average salary (or 169% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Entry Level Actuarial Analyst job salary compared to average salary in Singapore.
Comparison shows that a person working as Entry Level Actuarial Analyst in Singapore earns on average:
1.69 times the average salary (or 169% of average salary).
Is Entry Level Actuarial Analyst a well paid job?
Yes, our data shows that Entry Level 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 Entry Level Actuarial Analyst?
High salary for Entry Level Actuarial Analyst would be somewhere between 177,236 SGD and 233,630 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Entry Level Actuarial Analyst in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 161,124 SGD
Estimated Monthly Salary: 13,427 SGD
Estimated Weekly Salary: 3,099 SGD per week
Estimated Hourly Salary: 77 SGD per hour
By working as Entry Level Actuarial Analyst a person can save up to 4,008 USD per month or 48,099 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Entry Level Actuarial Analyst
Malaysia is 21,243 USD
Indonesia is 12,621 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 Singapore
(1,400,313 SGD per year, pre-tax.)
2. Cardiologist
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)
Data as of 2025Random salary:
Registered polysomnographic technologist (rpsgt) (86,793 SGD per year, pre-tax.)
Bank credit analyst (169,936 SGD per year, pre-tax.)
Carpenter foreman (93,469 SGD per year, pre-tax.)
Casting assistant (74,712 SGD per year, pre-tax.)
Branch manager banking (103,007 SGD per year, pre-tax.)
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The salary data presented here are meant for informational purposes solely. While we strive to ensure accuracy, we do not guarantee all figures is flawless. Users are advised to confirm salary details with official sources before making critical career choices. Salary amounts can fluctuate due to negotiation, industry trends, and location. We deny responsibility for errors in the salary data displayed.
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