Insurance

Actuary

Net monthly salary for Bosnia and Herzegovina is

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80% of people earn:

738 - 2,039 USD

10% earn less lthan 738 USD

10% earns more than 2,039 USD

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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 738 USD and 2,039 USD monthly net.

10% of employees earn less than 738 USD and 10% of people earn more than 2,039 USD.

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

76. place

Women representation in position

n/a

Average age of respondent by position

n/a

520. place

Tailor

Textile, Leather, Apparel Industry

565 - 693 USD

77. place

Transport manager

Management

763 - 1,995 USD

76. place

Actuary

Insurance

738 - 2,039 USD

75. place

Branch Director

Banking

804 - 2,085 USD

1. place

Country Manager/Director

Top Management

1,340 - 4,424 USD

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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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