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Salary data for country: Brunei Darussalam
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Insurance

Salary for position Actuary in Brunei Darussalam

Gross salary in Brunei Darussalam 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:
25K - 75K BND
10% earn less lthan 25K BND
10% earns more than 75K BND

Salaries in the survey are expressed in gross.

Based on the Paylab.com salary survey, 80% of people on the Actuary position in the Brunei Darussalam earn between 25,020 BND and 74,508 BND annually gross.

10% of employees earn less than 25,020 BND and 10% of people earn more than 74,508 BND.

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.

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

103. place

Women representation in position

n/a

Average age of respondent by position

n/a

817. place

Security Guard

Security & Protection

Salary group 1

8,398 - 15,556 BND

104. place

Mechanization Manager

Mechanical Engineering

Salary group 2

29,484 - 68,160 BND

103. place

Actuary

Insurance

Salary group 2

25,020 - 74,508 BND

102. place

Call Centre Manager

Management

Salary group 2

26,256 - 73,020 BND

1. place

Chief Executive Officer

Top Management

Salary group 3

52,128 - 182,568 BND

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