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Actuarial Associate

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Actuarial Associate Salary in Mumbai

based on 4 latest salaries • updated: 1 Aug 2024
Select an experience to get the exact salary

Annual salary range

₹2.5 Lakhs - ₹8.7 Lakhs

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Low Confidence means the data is based on a small number of latest salaries.
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Actuarial Associate Salary in Mumbai ranges between ₹2.5 Lakhs to ₹8.7 Lakhs for less than 1 year of experience to 2 years of experience. Salary estimates are based on 4 latest salaries received from Actuarial... Read More

Latest annual salaries shared by Actuarial Associates

1w ago

Assurant

Actuarial Associate

3 years exp.

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2w ago

DXC Technology

Actuarial Associate

2 years exp.

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1mo ago

Gallagher

Actuarial Associate

3 months exp.

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1mo ago

Assurant

Actuarial Associate

2 years exp.

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1mo ago

Swiss Re

Actuarial Associate

3 months exp.

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1mo ago

Digit Insurance

Actuarial Associate

1 year exp.

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3mo ago

TCS

Actuarial Associate

2 years exp.

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3mo ago

Gallagher

Actuarial Associate

3 years exp.

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3mo ago

WNS

Actuarial Associate

1 year exp.

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4mo ago

Voya India

Actuarial Associate

3 years exp.

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View all latest salaries

Actuarial Associate salaries by

Years of experience Avg. annual salary
Fresher
(1 salaries)
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₹7.5 L/yr - ₹7.5 L/yr

1 year
(1 salaries)
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₹2.5 L/yr - ₹2.5 L/yr

2 years
(2 salaries)
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₹7 L/yr - ₹8.7 L/yr

Similar Designation Salary

Similar Designation Avg. annual salary
Actuarial Analyst Salary
0 - 3 years exp.
(145 salaries)
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₹2.5 L/yr - ₹13.5 L/yr

Actuarial Executive Salary
0 - 2 years exp.
(21 salaries)
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₹2.7 L/yr - ₹9.2 L/yr

Actuarial Specialist Salary
2 - 3 years exp.
(4 salaries)
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₹7.1 L/yr - ₹11 L/yr

Actuarial Consultant Salary
1 - 6 years exp.
(12 salaries)
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₹4.6 L/yr - ₹16.5 L/yr

Actuarial Manager Salary
1 - 12 years exp.
(35 salaries)
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₹6.5 L/yr - ₹50 L/yr

View more similar designations

Actuarial Associate Salary In Other Locations

Locations Avg. annual salary
Bangalore / Bengaluru
Actuarial Associate
0 - 3 years exp.
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₹4 L/yr - ₹7 L/yr

Gurgaon / Gurugram
Actuarial Associate
1 - 2 years exp.
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₹6 L/yr - ₹10.3 L/yr

New Delhi
Actuarial Associate
0 - 4 years exp.
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₹4 L/yr - ₹12.2 L/yr

Kolkata
Actuarial Associate
0 - 3 years exp.
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₹2 L/yr - ₹18 L/yr

Chennai
Actuarial Associate
0 - 1 year exp.
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₹2.5 L/yr - ₹4.1 L/yr

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Actuarial Associate Salary By Industries

Industries Avg. annual salary

Management Consulting

Actuarial Associate
0 - 4 years exp.
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₹4.7 L/yr - ₹14.3 L/yr

Financial Services

Actuarial Associate
0 - 3 years exp.
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₹3 L/yr - ₹18 L/yr

Insurance

Actuarial Associate
0 - 3 years exp.
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₹3.6 L/yr - ₹10 L/yr

Consulting

Actuarial Associate
0 - 3 years exp.
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₹3.6 L/yr - ₹9.3 L/yr

IT Services & Consulting

Actuarial Associate
0 - 3 years exp.
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₹4 L/yr - ₹10.3 L/yr

View More

Frequently Asked Questions (FAQS) about Actuarial Associate Salaries

What is the salary of a Actuarial Associate in India?
The salary of a Actuarial Associate in India varies based on experience, location, company & Industry. On average, Actuarial Associate salaries ranges from ₹2.5 Lakhs to ₹8.7 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹2.5 Lakhs to ₹8.7 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 4 salaries received from various Actuarial Associates across industries.
What are the top paying cities for Actuarial Associate in India?
The annual salary for Actuarial Associate in India varies by location. Top paying cities for Actuarial Associate are
Actuarial Associate Salary in Bangalore / Bengaluru ₹4.0 Lakhs to ₹7.0 Lakhs per year
Actuarial Associate Salary in Gurgaon / Gurugram ₹6.0 Lakhs to ₹10.3 Lakhs per year
Actuarial Associate Salary in New Delhi ₹4.0 Lakhs to ₹12.2 Lakhs per year
Actuarial Associate Salary in Kolkata ₹2.0 Lakhs to ₹18.0 Lakhs per year
Actuarial Associate Salary in Chennai ₹2.5 Lakhs to ₹4.1 Lakhs per year
Salary expectations for Actuarial Associate may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Actuarial Associate in India?
Top 5 paying Industries for Actuarial Associate in India are:
Actuarial Associate Salary in Management Consulting ₹4.7 Lakhs to ₹14.3 Lakhs per year
Actuarial Associate Salary in Financial Services ₹3.0 Lakhs to ₹18.0 Lakhs per year
Actuarial Associate Salary in Insurance ₹3.6 Lakhs to ₹10.0 Lakhs per year
Actuarial Associate Salary in Consulting ₹3.6 Lakhs to ₹9.3 Lakhs per year
Actuarial Associate Salary in IT Services & Consulting ₹4.0 Lakhs to ₹10.3 Lakhs per year
What are the fresher salaries as Actuarial Associate?
Fresher salaries for Actuarial Associate in India typically range from ₹7.5 Lakhs to ₹7.5 Lakhs per year, depending on the company, location, and skill set. Fresher salaries are generally higher in IT Industry than in other Industries in India.
How does experience affect salaries of a Actuarial Associate in India?
Experience significantly impacts a Actuarial Associate salary in India. Salaries increase with experience, as Actuarial Associate take on more complex tasks, responsibilities, and leadership roles. Actuarial Associate salary at different experience level are as follows:
Experience Average Salary Range
Fresher ₹7.5 Lakhs to ₹7.5 Lakhs per year
1 year ₹2.5 Lakhs to ₹2.5 Lakhs per year
2 years ₹7.0 Lakhs to ₹8.7 Lakhs per year
and so on.

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