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Salary data for country: Nepal
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Insurance

Salary for position Actuary in Nepal

Gross salary in Nepal 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:
44K - 156K NPR
10% earn less lthan 44K NPR
10% earns more than 156K NPR

Salaries in the survey are expressed in gross.

Based on the Paylab.com salary survey, 80% of people on the Actuary position in the Nepal earn between 44,413 NPR and 155,637 NPR monthly gross.

10% of employees earn less than 44,413 NPR and 10% of people earn more than 155,637 NPR.

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

101. place

Women representation in position

n/a

Average age of respondent by position

n/a

812. place

Nursery School Teacher Assistant

Education, Science & Research

Salary group 1

20,181 - 42,606 NPR

102. place

Python Programmer

Information Technology

Salary group 2

41,764 - 155,691 NPR

101. place

Actuary

Insurance

Salary group 2

44,413 - 155,637 NPR

100. place

Regional Manager

Top Management

Salary group 2

33,710 - 172,008 NPR

1. place

Chief Executive Officer

Top Management

Salary group 3

65,493 - 372,160 NPR

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