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Last updated: May 30, 2024
Actuarial Executive Salary
in Cusco, Peru
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PEN 199,206
Average Salary
PEN 96/hr
Average Hourly
PEN 66,216
Average Bonus
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Last updated: May 30, 2024
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Salary Recap
The average pay for an Actuarial Executive is PEN 199,206 a year and PEN 96 an hour in Cusco, Peru. The average salary range for an Actuarial Executive is between PEN 132,073 and PEN 249,804. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Cusco, Peru.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Salary Potential
Salary Potential
Estimated salary in 2029:
PEN 252,552
5 Year Change:
27 %
Shift Differentials
Shift Differentials
Calculate Your Shift Differential
If your job has pay differentials, see how much more you could be earning with our shift differential calculator.
Based on the average salary in the United States, if your pay differential is 10%, your pay will increase by PEN 9.58/hour
*some jobs may not have shift differentials, please contact info.eri@erieri.com for additional information.
What Is Shift Differential Pay?
Shift differentials are used to adjust the compensation of an employee due to the time of day or the day of the week that the employee worked.
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This role may have pay shift differentials that could affect total compensation.
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About Cusco, Peru
Cusco Cost of Living Score:
Description:
Cusco or Cuzco ([ˈkusko]; Quechua: Qusqu ([ˈqɔsqɔ]) is a city in southeastern Peru near the Sacred Valley of the Andes mountain range and the Huatanay river. It is the capital of the Department of Cusco and of the Cusco Province. The city is the seventh most populous in Peru; in 2017, it had a population of 428,450. Its elevation is around 3,400 m (11,200 ft).
The city was the capital of the Inca Empire from the 13th century until the 16th-century Spanish conquest. In 1983, Cusco was declared a World Heritage Site by UNESCO with the title "City of Cusco". It has become a major tourist destination, hosting over 2...
Job Summary
Description:
- Heads management of the Actuarial Department to ensure proper pricing on organizational products for growth and profitability.
- Oversees all aspects of an organization's actuarial function to perform calculations of risk and pricing for products and services.
- Directs the development of formulas to predict and measure gains and losses in insurance plans.
- Analyzes statistical data and the financial costs of risks and ambiguities, using mathematical modeling methods and statistical concepts; implements technical pricing and training; and develops products and business strategies.
- Develops strategic initiatives and transforms initiatives into action plans.
- Certification or equivalent training in FSA (Fellow, Society of Actuaries) and MAAA (Member, American Academy of Actuaries) may be required.
Actuarial Executive Job Listings for
No listings found
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Salary Recap
The average pay for an Actuarial Executive is PEN 199,206 a year and PEN 96 an hour in Cusco, Peru. The average salary range for an Actuarial Executive is between PEN 132,073 and PEN 249,804. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Cusco, Peru.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Cusco, Peru
Cusco Cost of Living Score:
Description:
Cusco or Cuzco ([ˈkusko]; Quechua: Qusqu ([ˈqɔsqɔ]) is a city in southeastern Peru near the Sacred Valley of the Andes mountain range and the Huatanay river. It is the capital of the Department of Cusco and of the Cusco Province. The city is the seventh most populous in Peru; in 2017, it had a population of 428,450. Its elevation is around 3,400 m (11,200 ft).
The city was the capital of the Inca Empire from the 13th century until the 16th-century Spanish conquest. In 1983, Cusco was declared a World Heritage Site by UNESCO with the title "City of Cusco". It has become a major tourist destination, hosting over 2...
Job Summary
Description:
- Heads management of the Actuarial Department to ensure proper pricing on organizational products for growth and profitability.
- Oversees all aspects of an organization's actuarial function to perform calculations of risk and pricing for products and services.
- Directs the development of formulas to predict and measure gains and losses in insurance plans.
- Analyzes statistical data and the financial costs of risks and ambiguities, using mathematical modeling methods and statistical concepts; implements technical pricing and training; and develops products and business strategies.
- Develops strategic initiatives and transforms initiatives into action plans.
- Certification or equivalent training in FSA (Fellow, Society of Actuaries) and MAAA (Member, American Academy of Actuaries) may be required.
Actuarial Executive Job Listings for
No listings found
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast April 2024
Review compensation trends and get guidance on expected total salary increases for the upcoming year with ERI's National Compensation Forecast.
Read More
Planning Compensation Incentives That Maximize Workforce Engagement
Improve employee engagement and performance by implementing compensation incentive plans into your strategy.
Read More
Planning Global Compensation Budgets for 2024 - March Updated
Learn about global compensation trends and salary increases for 2024, so you can make more informed salary planning decisions.
Read More