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Actuarial Associate salary in Turkey

Average Yearly Salary of Actuarial Associate in Turkey is approximately 311,587 TRY (16,389 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 Associate do?

occupation personasAn actuarial associate is a professional who works in the field of actuarial science. They are responsible for analyzing and interpreting data to assess and manage risks for insurance companies, financial institutions, and other organizations. Actuarial associates use mathematical and statistical models to calculate the probability of certain events occurring, such as accidents, illnesses, or natural disasters, and determine the financial impact of these events. They also design and evaluate insurance policies, develop pricing strategies, and provide recommendations on risk management.

Skills: Actuarial science, Risk assessment, Data analysis, Statistical modeling, Insurance industry, Risk management
Job industry: Insurance


How much does Actuarial Associate make?

Salary details
How much does Actuarial Associate make?
Estimated Yearly Salary: 311,587 TRY
Estimated Monthly Salary: 25,966 TRY
Estimated Weekly Salary: 5,992 TRY per week
Estimated Hourly Salary: 150 TRY per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 300,466 TRY
Estimated Monthly Salary: 25,039 TRY
Estimated Weekly Salary: 5,778 TRY per week
Estimated Hourly Salary: 144 TRY per hour
Last revision of data: 2024-01-08



Actuarial Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 16,389 USD
Estimated Monthly Salary: 1,366 USD
Estimated Weekly Salary: 315 USD per week
Estimated Hourly Salary: 8 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Turkey, officially known as the Republic of Turkey, is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a smaller portion on the Balkan Peninsula in Southeast Europe. It has a population of approximately 82 million people, making it one of the most populous countries in the world. The land area of Turkey is about 783,356 square kilometers, making it larger than many European countries.

Estimated national average yearly salary is 182,974 TRY (10,590 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Associate job salary compared to average salary in Turkey.
Comparison shows that a person working as Actuarial Associate in Turkey earns on average:
1.7 times the average salary (or 170% of average salary).

Is Actuarial Associate a well paid job?

Yes, our data shows that Actuarial Associate 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 Associate?

High salary for Actuarial Associate would be somewhere between 342,746 TRY and 451,801 TRY. However this is an estimation based on Gaussian Distribution.

How much can you save working as Actuarial Associate in Turkey?

Living in Turkey the approximate monthly expenses are: 424 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: 311,587 TRY
Estimated Monthly Salary: 25,966 TRY
Estimated Weekly Salary: 5,992 TRY per week
Estimated Hourly Salary: 150 TRY per hour
By working as Actuarial Associate a person can save up to 942 USD per month or 11,306 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 Turkey, see costs of living in Turkey.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Greece, Bulgaria, Georgia, Armenia, Azerbaijan, Iran, Iraq, Syria..
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 Associate

Greece is 33,659 USDup arrow 105%
Details on Actuarial Associate salary in Greece
Iran is 12,169 USDdown arrow 26%
Details on Actuarial Associate salary in Iran
Iraq is 9,242 USDdown arrow 44%
Details on Actuarial Associate salary in Iraq
Last revision of data: 2025-01-04

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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Turkey

(2,099,459 TRY per year, pre-tax.)
(1,754,102 TRY per year, pre-tax.)
(1,691,394 TRY per year, pre-tax.)
(1,640,570 TRY per year, pre-tax.)
(1,632,934 TRY per year, pre-tax.)
(1,598,581 TRY per year, pre-tax.)
(1,595,801 TRY per year, pre-tax.)
(1,594,037 TRY per year, pre-tax.)
(1,593,001 TRY per year, pre-tax.)
(1,592,836 TRY per year, pre-tax.)

Data as of 2025

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This website presents salary insights for educational purposes only.
optisalary.com compiles salary information for educational purposes only. While we endeavor to deliver accurate figures, we cannot warrant their full precision. Users are highly advised to check with additional databases before finalizing career-related plans. Salary amounts fluctuate based on several conditions, such as industry trends, negotiation power, and regional demand. We make no claims as to the validity of the listed data. Your use of this site acknowledges agreement of this disclaimer.
Salary data displayed on this site is for reference only. Our figures come from various sources, but we cannot guarantee absolute correctness. Users must always verify salary details with official platforms before making financial decisions. Salaries differ due to individual experience, market demand, and employer policies. We cannot offer any warranties about the validity of the provided salary data. By navigating this site, you agree these limitations.