Actuarial analyst
| Highest | $7,450 / mo · Switzerland |
|---|---|
| Experience | 2–4 yrs |
| Degree | Required |
| First paycheck | 4 years of undergraduate study |
Pay in the destination countries
Monthly, in US dollars. Each country is an Imora admission package — open one for that route's fees, language requirement and deadline.
| Country | Monthly |
|---|---|
| SwitzerlandIELTS 6.5 · CHF 0.9–8k | $7,450max |
| Hong KongIELTS 6.0–6.5 · HK–200k | $6,500 |
| SingaporeIELTS 6.5 · SGD 18–35k | $6,500 |
| United KingdomIELTS 6.0–7.0 · £11–38k | $6,500 |
| United StatesTOEFL 80–100 · $10–70k | $6,350 |
| NorwayIELTS 6.0–6.5 · NOK 130–260k | $6,250 |
What does the day look like?
A standard working schedule is 40 hours per week, typically running Monday through Friday from 09:00 to 17:30 or 18:00. Shift work and night duties are virtually non-existent, but overtime rises to 45 to 55 hours per week during quarter-end closes and year-end valuation from January to March. Beginners often expect the job to center on inventing complex mathematical formulas, but that glamorous side takes up only about 10% of the time. The remaining 90% consists of cleaning messy data, debugging runtime errors in legacy code, updating Excel tables, and cross-checking reporting numbers.
Between 35% and 45% of your daily hours go into extracting, cleaning, and reconciling policyholder and claims data. Running and tweaking existing cash-flow and reserving models under IFRS 17 or Solvency II frameworks takes 25% to 35% of the time. Reporting, checking variances, and drafting slides for senior actuaries take 15% to 20%. Employers also allocate 10% to 15% of contracted time (around 35 to 40 paid study days per year) to prepare for professional exams. Daily tools include Microsoft Excel (advanced VBA, nested formulas, power pivot), SQL, Python, R, SAS, and actuarial software such as Prophet, Mo.net, GGY AXIS, Arius, and ResQ.
Where does this lead?
Next step up
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