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Expat Community > Bermuda

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Salary for Fellow Actuary

3 years ago
Hi,

I have been offered a job as actuary in Reinsurance. The compensation package total is around 160k net of all the insurance and tax and including housing allowance.

I don’t know if it is a fair offer based on the living cost and market average for a 5+ year experience P&C qualified actuary on the island.

I think it is a great opportunity to explore and I understand the salary depends on many factors. Just want to have a broad understanding if the offer is reasonable. I just don’t want to end up with a position that’s underpaid by more than 20% just because I didn’t negotiate.

Any idea if I am getting a fair/great/not making sense offer? Thanks.

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