Average Financial Actuary Salary in Argentina for 2024

In this article, we will look at the average Financial Actuary salary for 2024 in Argentina and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Argentine peso. To keep things simple, we are using the ARS currency code instead of the currency symbol $.

How Much Does a Financial Actuary Make in Argentina?

A Financial Actuary working in Argentina will typically earn around 597,800 ARS per year, and this can range from the lowest average salary of about 275,800 ARS to the highest average salary of 953,300 ARS.

Average Annual Salary
597,800 ARS
Average Monthly Salary
49,816 ARS

Lowest Annual Salary
275,800 ARS
Lowest Monthly Salary
22,983 ARS

Highest Annual Salary
953,300 ARS
Highest Monthly Salary
79,441 ARS

These are average salaries for a Financial Actuary in Argentina and include benefits such as housing and transport. It's also possible for a Financial Actuary to earn more or less than the average salaries shown above.

Financial Actuary salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Financial Actuary Salaries in Argentina

So we've looked at the average salaries a Financial Actuary will earn in Argentina. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Financial Actuary can earn between 275,800 ARS and 953,300 ARS on average in Argentina. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Financial Actuary in Argentina is 648,200 ARS. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 648,200 ARS, and 50% of the population earn more than 648,200 ARS.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Financial Actuary salary in Argentina, 25% of the population are earning less than 415,900 ARS while 75% of the population earn more than 415,900 ARS.

75% of the population earn less than 862,200 ARS, and 25% of the population earn more than 862,200 ARS.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Financial Actuary Salary by Experience Level in Argentina

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average financial actuary salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Financial Actuary in Argentina that has less than two years of experience can expect to earn somewhere in the region of 314,500 ARS.
  • 2 - 5 Years Experience. With two to five years of experience the average Financial Actuary salary would increase to 419,400 ARS.
  • 5 - 10 Years Experience. From five to ten years of experience as a Financial Actuary, the average salary would be 615,300 ARS.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 751,700 ARS.
  • 15 - 20 Years Experience. A Financial Actuary with 15 to 20 years of experience can earn an average of 818,100 ARS.
  • 20+ Years Experience. For a Financial Actuary with more than 20 years, the expected average salary increases to 888,400 ARS.

Average Salary by Experience Chart

0-2 Years
314,500 ARS
2-5 Years +34%
419,400 ARS
5-10 Years +48%
615,300 ARS
10-15 Years +22%
751,700 ARS
15-20 Years +9%
818,100 ARS
20+ Years +8%
888,400 ARS

Financial Actuary Salary by Education Level in Argentina

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Financial Actuary in Argentina based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Financial Actuary in Argentina with a high school education can earn an average salary of 382,600 ARS.

  • Certificate or Diploma. A Financial Actuary in Argentina with a certificate or diploma education can earn an average salary of 450,300 ARS.

  • Bachelor's Degree. A Financial Actuary in Argentina with a bachelor's degree education can earn an average salary of 653,200 ARS.

  • Master's Degree. A Financial Actuary in Argentina with a master's degree education can earn an average salary of 858,100 ARS.

Average Salary by Education Chart

High School
382,600 ARS
Certificate or Diploma +18%
450,300 ARS
Bachelor's Degree +45%
653,200 ARS
Master's Degree +31%
858,100 ARS

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Argentina is around 226,000 to 677,000 ARS and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Financial Actuary Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Argentina, a male financial actuary will earn an average of 626,800 ARS, while a female financial actuary will earn around 572,200 ARS.

This means that a male financial actuary earns approximately 10% more than a female financial actuary for performing the same job.

Average Salary by Gender Chart in Argentina

Male
626,800 ARS
Female -10%
572,200 ARS

Financial Actuary Average Pay Raise in Argentina

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Financial Actuary in Argentina is around 12% every 17 months.

The national average pay raise across all professions and industries in Argentina is around 9% every 17 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 17 ) × 12  = 8%

What this means is that a Financial Actuary in Argentina can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Argentina for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Argentina.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
1%
Energy
2%
Information Technology
3%
Healthcare
4%
Travel
5%
Construction
6%
Education
7%

Financial Actuary Bonus and Incentive Rates in Argentina

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Financial Actuary is a moderate bonus based job, with 57% of employees reporting at least one bonus in the last 12 months.

43% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 2% to 7%.

Received Bonus
57%
No Bonus
43%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Argentina earn approximately 6% more than private sector employees in the same role.

Public Sector
556,000 ARS
Private Sector -6%
524,400 ARS

Salaries for Jobs Similar to a Financial Actuary

In the table below, we have salary information for jobs that are similar to a Financial Actuary in Argentina.

Job Title Category Salary
Account Examiner Accounting and Finance 283,700 ARS
Account Executive Accounting and Finance 514,300 ARS
Accountant Accounting and Finance 398,300 ARS
Accounting Analyst Accounting and Finance 498,500 ARS
Accounting Assistant Accounting and Finance 315,700 ARS
Accounting Associate Accounting and Finance 286,400 ARS
Accounting Clerk Accounting and Finance 239,000 ARS
Accounting Coordinator Accounting and Finance 341,400 ARS
Accounting Head Accounting and Finance 812,900 ARS
Accounting Manager Accounting and Finance 807,900 ARS
Accounting Officer Accounting and Finance 301,600 ARS
Accounting Specialist Accounting and Finance 558,300 ARS
Accounting Supervisor Accounting and Finance 563,000 ARS
Accounting Technician Accounting and Finance 279,400 ARS
Accounting Unit Controller Accounting and Finance 684,900 ARS
Accounts Executive Accounting and Finance 483,800 ARS
Accounts Officer Accounting and Finance 294,700 ARS
Accounts Payable and Receivable Specialist Accounting and Finance 384,200 ARS
Accounts Payable Assistant Accounting and Finance 301,700 ARS
Accounts Payable Associate Accounting and Finance 367,200 ARS
Accounts Payable Clerk Accounting and Finance 283,700 ARS
Accounts Payable Manager Accounting and Finance 767,000 ARS
Accounts Receivable Administrator Accounting and Finance 602,700 ARS
Accounts Receivable Clerk Accounting and Finance 292,000 ARS
Accounts Receivable Financial Analyst Accounting and Finance 544,800 ARS
Accounts Receivable Manager Accounting and Finance 768,900 ARS
Accounts Receivable Team Leader Accounting and Finance 573,500 ARS
Assistant Accountant Accounting and Finance 296,000 ARS
Assistant Accounting Manager Accounting and Finance 717,900 ARS
Assistant Auditor Accounting and Finance 407,100 ARS
Assistant Corporate Controller Accounting and Finance 558,300 ARS
Assistant Finance Manager Accounting and Finance 807,900 ARS
Assistant Financial Controller Accounting and Finance 553,800 ARS
Audit Director Accounting and Finance 942,700 ARS
Audit Supervisor Accounting and Finance 687,100 ARS
Auditing Clerk Accounting and Finance 294,700 ARS
Auditing Manager Accounting and Finance 814,500 ARS
Billing Clerk Accounting and Finance 315,700 ARS
Billing Coordinator Accounting and Finance 341,900 ARS
Billing Specialist Accounting and Finance 426,700 ARS
Billing Supervisor Accounting and Finance 615,300 ARS
Bookkeeper Accounting and Finance 268,900 ARS
Bookkeeping Specialist Accounting and Finance 383,300 ARS
Budget Analyst Accounting and Finance 707,700 ARS
Budget Manager Accounting and Finance 772,900 ARS
Business Support Analyst Accounting and Finance 459,700 ARS
Capital Markets Associate Accounting and Finance 578,500 ARS
Cash Flow Analyst Accounting and Finance 571,300 ARS
Cash Management Manager Accounting and Finance 757,600 ARS
Cash Management Officer Accounting and Finance 445,100 ARS
Cashbook Clerk Accounting and Finance 272,800 ARS
Chartered Accountant Accounting and Finance 498,000 ARS
Chief Accountant Accounting and Finance 581,000 ARS
Collections Clerk Accounting and Finance 237,400 ARS
Collections Representative Accounting and Finance 351,900 ARS
Collections Specialist Accounting and Finance 417,100 ARS
Corporate Controller Accounting and Finance 629,800 ARS
Corporate Treasurer Accounting and Finance 785,400 ARS
Cost Accountant Accounting and Finance 378,800 ARS
Cost Accounting Manager Accounting and Finance 745,000 ARS
Cost Accounting Supervisor Accounting and Finance 639,100 ARS
Cost Analyst Accounting and Finance 605,700 ARS
Credit and Collection Manager Accounting and Finance 748,600 ARS
Credit and Collection Staff Accounting and Finance 297,000 ARS
Credit and Loans Officer Accounting and Finance 275,500 ARS
Credit Controller Accounting and Finance 535,800 ARS
Credit Manager Accounting and Finance 807,900 ARS
Debt Adviser Accounting and Finance 660,500 ARS
Debt Collector Accounting and Finance 325,600 ARS
Debtors Clerk Accounting and Finance 282,500 ARS
Debtors Controller Accounting and Finance 301,600 ARS
Deputy CFO Accounting and Finance 1,050,100 ARS
Deputy Head of Finance Accounting and Finance 1,074,600 ARS
Derivative Trader Accounting and Finance 701,400 ARS
Director of Finance Accounting and Finance 1,145,100 ARS
Economist Accounting and Finance 885,000 ARS
Equity Analyst Accounting and Finance 707,700 ARS
Escrow Assistant Accounting and Finance 348,300 ARS
Executive Accountant Accounting and Finance 430,500 ARS
External Auditor Accounting and Finance 553,400 ARS
Finance Administrator Accounting and Finance 466,900 ARS
Finance Analyst Accounting and Finance 714,300 ARS
Finance Associate Accounting and Finance 351,900 ARS
Finance Director Accounting and Finance 1,198,300 ARS
Finance Executive Accounting and Finance 840,800 ARS
Finance Licensing Clerk Accounting and Finance 275,500 ARS
Finance Licensing Manager Accounting and Finance 741,500 ARS
Finance Licensing Specialist Accounting and Finance 424,300 ARS
Finance Manager Accounting and Finance 1,154,300 ARS
Finance Officer Accounting and Finance 369,300 ARS
Finance President Accounting and Finance 1,145,100 ARS
Finance Relationship Manager Accounting and Finance 878,900 ARS
Finance Release Analyst Accounting and Finance 466,900 ARS
Finance Specialist Accounting and Finance 623,200 ARS
Finance Team Leader Accounting and Finance 854,300 ARS
Financial Accountant Accounting and Finance 407,100 ARS
Financial Administrator Accounting and Finance 627,900 ARS
Financial Advisor Accounting and Finance 691,200 ARS
Financial Analyst Accounting and Finance 698,200 ARS
Financial Applications Specialist Accounting and Finance 514,800 ARS
Financial Assistant Accounting and Finance 301,700 ARS
Financial Associate Accounting and Finance 325,600 ARS
Financial Associate Accounting and Finance 367,900 ARS
Financial Claims Analyst Accounting and Finance 533,000 ARS
Financial Claims Manager Accounting and Finance 714,600 ARS
Financial Claims Supervisor Accounting and Finance 669,100 ARS
Financial Clerk Accounting and Finance 309,800 ARS
Financial Commercial Analyst Accounting and Finance 587,800 ARS
Financial Compliance Analyst Accounting and Finance 605,700 ARS
Financial Consultant Accounting and Finance 524,700 ARS
Financial Controller Accounting and Finance 605,700 ARS
Financial Controller Accounting and Finance 656,800 ARS
Financial Coordinator Accounting and Finance 349,300 ARS
Financial Customer Service Manager Accounting and Finance 713,900 ARS
Financial Dealer and Broker Accounting and Finance 415,900 ARS
Financial Director Accounting and Finance 1,109,600 ARS
Financial Encoder Accounting and Finance 344,600 ARS
Financial Manager Accounting and Finance 1,053,900 ARS
Financial Manager Accounting and Finance 1,130,200 ARS
Financial Operations Manager Accounting and Finance 1,038,700 ARS
Financial Policy Analyst Accounting and Finance 638,700 ARS
Financial Project Manager Accounting and Finance 772,900 ARS
Financial Quantitative Analyst Accounting and Finance 701,400 ARS
Financial Reporting Consultant Accounting and Finance 587,800 ARS
Financial Reporting Manager Accounting and Finance 785,400 ARS
Financial Section Head Accounting and Finance 747,400 ARS
Financial Services Manager Accounting and Finance 1,038,700 ARS
Financial Services Sales Agent Accounting and Finance 415,900 ARS
Fixed Assets Administrator Accounting and Finance 424,300 ARS
Forensic Accountant Accounting and Finance 445,100 ARS
Fraud Detection Supervisor Accounting and Finance 487,600 ARS
Fraud Prevention Manager Accounting and Finance 814,500 ARS
Fund Accountant Accounting and Finance 384,500 ARS
Grants Coordinator Accounting and Finance 296,000 ARS
Group Financial Manager Accounting and Finance 1,110,500 ARS
Internal Auditor Accounting and Finance 533,000 ARS
Internal Control Adviser Accounting and Finance 619,800 ARS
Internal Control Officer Accounting and Finance 349,300 ARS
International Tax Director Accounting and Finance 908,200 ARS
Inventory Accountant Accounting and Finance 403,100 ARS
Investment Advisor Accounting and Finance 1,088,600 ARS
Investment Analyst Accounting and Finance 814,100 ARS
Investment Associate Accounting and Finance 658,300 ARS
Investment Broker Accounting and Finance 629,800 ARS
Investment Fund Manager Accounting and Finance 883,500 ARS
Investment Operations Manager Accounting and Finance 848,200 ARS
Investment Underwriter Accounting and Finance 340,400 ARS
Investor Accounting and Finance 531,700 ARS
Investor Relations Manager Accounting and Finance 756,700 ARS
KYC Team Leader Accounting and Finance 792,900 ARS
Loan Processor Accounting and Finance 312,400 ARS
Management Accountant Accounting and Finance 455,400 ARS
Management Economist Accounting and Finance 878,900 ARS
Paymaster Accounting and Finance 327,300 ARS
Payroll Administrator Accounting and Finance 522,700 ARS
Payroll Benefits Coordinator Accounting and Finance 417,100 ARS
Payroll Billing Manager Accounting and Finance 701,400 ARS
Payroll Clerk Accounting and Finance 349,300 ARS
Payroll Manager Accounting and Finance 735,200 ARS
Payroll Officer Accounting and Finance 339,100 ARS
Payroll Specialist Accounting and Finance 407,300 ARS
Payroll Supervisor Accounting and Finance 518,900 ARS
Pensions Administrator Accounting and Finance 397,900 ARS
Personal Financial Advisor Accounting and Finance 568,500 ARS
Pricing Analyst Accounting and Finance 669,100 ARS
Private Equity Analyst Accounting and Finance 688,900 ARS
Project Accountant Accounting and Finance 437,300 ARS
Proposal Development Coordinator Accounting and Finance 335,100 ARS
Receivables Accountant Accounting and Finance 353,600 ARS
Regulatory Accountant Accounting and Finance 424,300 ARS
Retirement Plan Analyst Accounting and Finance 629,800 ARS
Revenue Management Specialist Accounting and Finance 660,500 ARS
Revenue Recognition Analyst Accounting and Finance 718,000 ARS
Risk Management Director Accounting and Finance 918,600 ARS
Risk Management Supervisor Accounting and Finance 767,000 ARS
Staff Accountant Accounting and Finance 375,200 ARS
Tax Accountant Accounting and Finance 383,300 ARS
Tax Administrator Accounting and Finance 421,400 ARS
Tax Advisor Accounting and Finance 597,800 ARS
Tax Analyst Accounting and Finance 605,700 ARS
Tax Associate Accounting and Finance 344,600 ARS
Tax Consultant Accounting and Finance 637,500 ARS
Tax Director Accounting and Finance 932,000 ARS
Tax Examiner Accounting and Finance 424,900 ARS
Tax Manager Accounting and Finance 798,900 ARS
Tax Research Manager Accounting and Finance 807,900 ARS
Teller Accounting and Finance 239,000 ARS
Treasury Accountant Accounting and Finance 414,000 ARS
Treasury Analyst Accounting and Finance 656,800 ARS
Underwriter Accounting and Finance 263,100 ARS
Underwriting Assistant Accounting and Finance 251,500 ARS
Vice President of Finance Accounting and Finance 1,084,200 ARS

Salary Comparison by City

If you want to compare salaries with different cities in Argentina, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Avellaneda 555,800 ARS
Bahia Blanca 627,900 ARS
Buenos Aires 645,800 ARS
Cordoba 681,500 ARS
Corrientes 618,800 ARS
La Plata 663,100 ARS
Lanus 556,000 ARS
Mar del Plata 610,100 ARS
Mendoza 548,800 ARS
Neuquen 576,500 ARS
Quilmes 582,700 ARS
Resistencia 612,500 ARS
Rosario 650,700 ARS
Salta 641,900 ARS
San Juan 587,800 ARS
San Miguel de Tucuman 627,900 ARS
Santa Fe 610,100 ARS
Santiago del Estero 619,800 ARS

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