Average Actuary Salary in Germany

The line graph shows Actuary salary in Germany on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Actuary having experience between 1-4 years, their salary is around 64.228,84 €.

Once the experience reaches 5-9 years Actuary salary would increase again to a total of 70.908,66 €, adding 6.679,82 € from the last salary increase.

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of 82.322,10 €.

The bar graph data indicates the importance of specific skills which can have a direct impact on Actuary's salary. It clearly highlights the skills needed for a post of Actuary when hired by an employer.

The most vital skill expected of Actuary is Data Analysis which impacts the most than the rest of the skills indicated with a staggering 7% comparatively. Therefore, one’s salary would greatly depend on their skills in Data Analysis.

The skill least likely to affect one’s pay would be Statistical Analysis with 5%. It can be said that Statistical Analysis skill will unlikely impact the salary.

This combination of a line and the bar graph shows how the experience affects the salary of Actuary. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is 63.928,00 € whereas the highest earning is 80.079,00 € which clearly shows the salary increases with the level of expertise.

Late Career person will earn the maximum salary of 80.079,00 € at 19%. So to summerize, Early Career earns 5% less than the average salary, Mid Carrer earns 4% more than the average salary, Late Career earns 19% more than the average salary.