Insurance

Salary for position Actuary in Bosnia and Herzegovina

Net monthly salary for Bosnia and Herzegovina 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:

695 - 1,887 EUR

10% earn less lthan 695 EUR

10% earns more than 1,887 EUR

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What does the data in the graph mean?

Salaries in the survey are expressed in net.

Based on the Plata.ba salary survey, 80% of people on the Actuary position in the Bosnia and Herzegovina earn between 695 EUR and 1,887 EUR monthly net.

10% of employees earn less than 695 EUR and 10% of people earn more than 1,887 EUR.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.

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What kind of work does Actuary typically do

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 in the labour market

In the salary ranking,
the job position takes

78. place

Women representation in position

n/a

Average age of respondent by position

n/a

524. place

Fabric Cutter

Textile, Leather, Apparel Industry

511 - 652 EUR

79. place

Department Manager

Human Resources

802 - 1,738 EUR

78. place

Actuary

Insurance

695 - 1,887 EUR

77. place

Head of Technical Department

Technology, Development

1. place

Country Manager/Director

Top Management

1,405 - 3,986 EUR

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What does a salary report contain?

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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