Home > Salary > Uganda > 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: 9,631,310 UGX
Estimated Monthly Salary: 802,609 UGX
Estimated Weekly Salary: 185,218 UGX per week
Estimated Hourly Salary: 4,630 UGX per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 772,748 UGX
Estimated Weekly Salary: 178,327 UGX per week
Estimated Hourly Salary: 4,458 UGX per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 2,457 USD
Estimated Monthly Salary: 205 USD
Estimated Weekly Salary: 47 USD per week
Estimated Hourly Salary: 1 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: 9,631,310 UGX
Estimated Monthly Salary: 802,609 UGX
Estimated Weekly Salary: 185,218 UGX per week
Estimated Hourly Salary: 4,630 UGX per hour
By working as Actuary a person can save up to 155 USD per month or 1,857 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 Uganda, see costs of living in Uganda.
Estimated Yearly Salary for Actuary
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Color printer operator (2,929,339 UGX per year, pre-tax.)
Vice president (vp), communications (14,067,867 UGX per year, pre-tax.)
Er manager (8,076,114 UGX per year, pre-tax.)
Catering director (3,804,428 UGX per year, pre-tax.)
Furniture installer (3,205,794 UGX per year, pre-tax.)
Actuary salary in Uganda
Average Yearly Salary of Actuary in Uganda is approximately 9,631,310 UGX (2,457 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: 9,631,310 UGX
Estimated Monthly Salary: 802,609 UGX
Estimated Weekly Salary: 185,218 UGX per week
Estimated Hourly Salary: 4,630 UGX per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 9,272,981 UGXEstimated Monthly Salary: 772,748 UGX
Estimated Weekly Salary: 178,327 UGX per week
Estimated Hourly Salary: 4,458 UGX per hour
Last revision of data: 2024-01-02Actuary estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,457 USD
Estimated Monthly Salary: 205 USD
Estimated Weekly Salary: 47 USD per week
Estimated Hourly Salary: 1 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Uganda is a landlocked country located in East Africa. It has a population of approximately 45 million people and covers an area of about 241,038 square kilometers. The country is bordered by South Sudan to the north, Kenya to the east, Tanzania and Rwanda to the south, and the Democratic Republic of the Congo to the west.
Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Actuary job salary compared to average salary in Uganda.
Comparison shows that a person working as Actuary in Uganda earns on average:
2.15 times the average salary (or 215% of average salary).
Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Actuary job salary compared to average salary in Uganda.
Comparison shows that a person working as Actuary in Uganda 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 10,594,441 UGX and 13,965,400 UGX. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuary in Uganda?
Living in Uganda the approximate monthly expenses are: 50 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: 9,631,310 UGX
Estimated Monthly Salary: 802,609 UGX
Estimated Weekly Salary: 185,218 UGX per week
Estimated Hourly Salary: 4,630 UGX per hour
By working as Actuary a person can save up to 155 USD per month or 1,857 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 Uganda, see costs of living in Uganda.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Kenya, South Sudan, Democratic Republic of the Congo, Rwanda, Tanzania. 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
Kenya is 11,808 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 Uganda
(50,940,232 UGX per year, pre-tax.)
2. Cardiologist
(42,552,292 UGX per year, pre-tax.)
(41,077,897 UGX per year, pre-tax.)
4. Neurosurgeon
(39,844,135 UGX per year, pre-tax.)
(39,697,505 UGX per year, pre-tax.)
6. Oncologist
(38,842,071 UGX per year, pre-tax.)
(38,812,832 UGX per year, pre-tax.)
(38,784,031 UGX per year, pre-tax.)
(38,749,803 UGX per year, pre-tax.)
(38,712,676 UGX per year, pre-tax.)
Data as of 2025Random salary:
Color printer operator (2,929,339 UGX per year, pre-tax.)
Vice president (vp), communications (14,067,867 UGX per year, pre-tax.)
Er manager (8,076,114 UGX per year, pre-tax.)
Catering director (3,804,428 UGX per year, pre-tax.)
Furniture installer (3,205,794 UGX per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=uganda&job=actuary'><img src='https://optisalary.com/wp-content/graphs/salary/actuary-salary-in-uganda-2025.jpg' alt='actuary salary in uganda 2025' title='actuary salary in uganda 2025' /></a>
Please note:This website offers salary insights for informational purposes only.
Salary details displayed on optisalary.com are meant for reference use only. Our data is sourced through various inputs and may not necessarily be accurate. Users should cross-reference salary information independently before making financial decisions. The figures shown here may fluctuate due to variables such as company policies, experience levels, and demand shifts. We do not warrant that the data provided is error-free. By using optisalary.com, you accept that salary information is presented 'as is' and without warranties.
optisalary.com aggregates salary information for educational use only. While we endeavor to present accurate estimates, we do not ensure their full precision. Users are strongly advised to check with additional sources before making financial decisions. Salary figures vary based on multiple factors, such as industry trends, negotiation power, and regional demand. We do not offer any guarantees as to the correctness of the provided information. Your use of this site indicates acceptance of this notice.