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Gross salary in Norway is
50K
60K
70K
80K
90K
 
10% earn less 40K NOK
10% earns more 101K NOK
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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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Position Actuary - Insurance in the labour market

In the salary ranking,
the job position takes

Women representation in position

Average age of respondent by position

813. place

Pre-school/School/ Kindergarder nurse

Medicine & Social Care

Salary group 1

108. place

Regional Manager

Top Management

Salary group 2

38,001 - 101,971 NOK

107. place

Actuary

Insurance

Salary group 2

39,919 - 100,965 NOK

106. place

Tax Advisor

Economy, Finance, Accountancy

Salary group 2

43,302 - 96,485 NOK

1. place

Chief Executive Officer

Top Management

Salary group 3

89,417 - 234,697 NOK

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  • Salary on position by region*, education, practice, business size
  • Total salary and its components* (variable component, commissions, rewards)
  • Responder distribution to payroll
  • Salary ranges expressed by 1st decile, 1st quartile, median, 3rd quartile, 9th decile, and average wage.
  • Detailed breakdown of all monitored non-financial benefits provided*
  • Financial benefit analysis*
  • * available when regression model is used