Insurance

Actuary

Average gross monthly salary in Hungary is

An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:

518K - 1.2M Ft

10% earn less lthan 518K Ft

10% earns more than 1.2M Ft

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What does the data in the graph mean?

Salaries in the survey are expressed in gross.

Based on the Fizetesek.hu salary survey, 80% of people on the Actuary position in the Hungary earn between 518,241 Ft and 1,207,859 Ft monthly gross.

10% of employees earn less than 518,241 Ft and 10% of people earn more than 1,207,859 Ft.

The survey is based on data from employees, cleaned of extreme and duplicate values.

Description of job position

Monitoring the insurance market, developing new products and proposing changes of existing products.
Formulating insurance contracts, insurance conditions and special arrangements.
Determining premium tariffs, the amount of technical provisions in life insurance and supplementary insurance.
Preparing and updating technical business plans and manuals.
Preparing documents for the implementation of changes related to product innovation in the information system.
Creating and updating computer programs for distribution networks, pricing, taxation and technical changes in life insurance.
Testing the profitability of products.
Preparing personalised insurance offers.
Preparing documents for the assessment of non-standard changes in life insurance.
Performing and ensuring activities related to financial funds in investment life insurance.
Preparing documentation and participating in conducting methodological trainings for distribution networks.
Preparing documentation for accounting, the National Bank of Slovakia, auditors, shareholders and other entities, preparing periodic reports for the reinsurer.
Providing expert consultation on life insurance products to other units of the company.

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The most common career path of an employee

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Position Actuary - Insurance in the labour market

In the salary ranking,
the job position takes

143. place

Women representation in position

n/a

Average age of respondent by position

n/a

653. place

Cleaner

General labour

290,802 - 446,656 Ft

144. place

Health Program Development Specialist

Insurance

143. place

Actuary

Insurance

518,241 - 1,207,859 Ft

142. place

PHP Programmer

Information Technology

511,992 - 1,317,481 Ft

1. place

Chief Executive Officer

Top Management

823,787 - 4,233,186 Ft

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The salary report contains:

Salary for the position by region, education, experience, company size, age
Distribution of respondents into wage bands
Salary range from 1st to 9th decile
A breakdown of all monitored non-financial benefits
Analysis of financial benefits

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