Home > Salary > Sri Lanka > Actuary
An actuary is a professional who uses mathematical and statistical methods to assess and manage risks in various industries, primarily in insurance and finance. Actuaries analyze data, develop models, and make predictions to help organizations make informed decisions regarding investments, pricing, and risk management. They use their expertise to evaluate the likelihood and potential impact of future events, such as accidents, natural disasters, or changes in market conditions. Actuaries also play a crucial role in designing insurance policies and pension plans, ensuring they are financially sustainable and provide adequate coverage.
Estimated Yearly Salary: 3,831,618 LKR
Estimated Monthly Salary: 319,302 LKR
Estimated Weekly Salary: 73,685 LKR per week
Estimated Hourly Salary: 1,842 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 307,673 LKR
Estimated Weekly Salary: 71,002 LKR per week
Estimated Hourly Salary: 1,775 LKR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 10,979 USD
Estimated Monthly Salary: 915 USD
Estimated Weekly Salary: 211 USD per week
Estimated Hourly Salary: 5 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: 3,831,618 LKR
Estimated Monthly Salary: 319,302 LKR
Estimated Weekly Salary: 73,685 LKR per week
Estimated Hourly Salary: 1,842 LKR per hour
By working as Actuary a person can save up to 691 USD per month or 8,286 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 Sri Lanka, see costs of living in Sri Lanka.
Estimated Yearly Salary for Actuary
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Value engineering manager (3,338,131 LKR per year, pre-tax.)
Technology analyst (2,302,741 LKR per year, pre-tax.)
Early intervention supervisor (2,228,087 LKR per year, pre-tax.)
Army sergeant airborne (1,246,069 LKR per year, pre-tax.)
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Actuary salary in Sri Lanka
Average Yearly Salary of Actuary in Sri Lanka is approximately 3,831,618 LKR (10,979 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 Actuary do?
An actuary is a professional who uses mathematical and statistical methods to assess and manage risks in various industries, primarily in insurance and finance. Actuaries analyze data, develop models, and make predictions to help organizations make informed decisions regarding investments, pricing, and risk management. They use their expertise to evaluate the likelihood and potential impact of future events, such as accidents, natural disasters, or changes in market conditions. Actuaries also play a crucial role in designing insurance policies and pension plans, ensuring they are financially sustainable and provide adequate coverage.
Skills: Actuary, Risk management, Insurance, Finance, Mathematics, Statistics
Job industry: Insurance
Job industry: Insurance
How much does Actuary make?
Salary details
How much does Actuary make?Estimated Yearly Salary: 3,831,618 LKR
Estimated Monthly Salary: 319,302 LKR
Estimated Weekly Salary: 73,685 LKR per week
Estimated Hourly Salary: 1,842 LKR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,692,080 LKREstimated Monthly Salary: 307,673 LKR
Estimated Weekly Salary: 71,002 LKR per week
Estimated Hourly Salary: 1,775 LKR per hour
Last revision of data: 2024-01-03Actuary estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 10,979 USD
Estimated Monthly Salary: 915 USD
Estimated Weekly Salary: 211 USD per week
Estimated Hourly Salary: 5 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
Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Actuary job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Actuary in Sri Lanka earns on average:
2.15 times the average salary (or 215% of average salary).
Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Actuary job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Actuary in Sri Lanka earns on average:
2.15 times the average salary (or 215% of average salary).
Is Actuary a well paid job?
Yes, our data show that Actuary is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Actuary?
High salary for Actuary would be somewhere between 4,214,780 LKR and 5,555,846 LKR. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuary in Sri Lanka?
Living in Sri Lanka the approximate monthly expenses are: 224 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: 3,831,618 LKR
Estimated Monthly Salary: 319,302 LKR
Estimated Weekly Salary: 73,685 LKR per week
Estimated Hourly Salary: 1,842 LKR per hour
By working as Actuary a person can save up to 691 USD per month or 8,286 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 Sri Lanka, see costs of living in Sri Lanka.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Maldives. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Actuary
India is 43,842 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 Sri Lanka
(20,273,886 LKR per year, pre-tax.)
2. Cardiologist
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
4. Neurosurgeon
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
6. Urologist
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
10. Oncologist
(15,389,631 LKR per year, pre-tax.)
Data as of 2025Random salary:
Value engineering manager (3,338,131 LKR per year, pre-tax.)
Technology analyst (2,302,741 LKR per year, pre-tax.)
Early intervention supervisor (2,228,087 LKR per year, pre-tax.)
Army sergeant airborne (1,246,069 LKR per year, pre-tax.)
Contract administration supervisor (2,970,667 LKR per year, pre-tax.)
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