Actuarial Consultant

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Actuarial Consultant Salary in Mumbai (Updated 2025)

based on 14 latest salaries • updated: 17 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹5 Lakhs - ₹16.5 Lakhs

Moderate Confidence
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Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Actuarial Consultant Salary in Mumbai ranges between ₹5 Lakhs to ₹16.5 Lakhs for 1 year of experience to 6 years of experience. Salary estimates are based on 14 latest salaries received from Actuarial Consultant.

Latest annual salaries shared by Actuarial Consultants

3d ago

Ernst & Young

Actuarial Consultant

3 years exp.

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1w ago

Genpact

Actuarial Consultant

3 years exp.

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2w ago

Ernst & Young

Actuarial Consultant

4 years exp.

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2w ago

RSA

Actuarial Consultant

3 years exp.

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3w ago

Exl India

Actuarial Consultant

2 years exp.

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1mo ago

Ernst & Young

Actuarial Consultant

6 years exp.

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1mo ago

Careon Healthcare Solutions

Actuarial Consultant

5 years exp.

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1mo ago

Deloitte

Actuarial Consultant

3 years exp.

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1mo ago

Aon

Actuarial Consultant

4 years exp.

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1mo ago

Aon

Actuarial Consultant

3 years exp.

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View all latest salaries

Actuarial Consultant salaries by

Years of experience Avg. annual salary
1 year
(7 salaries)
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₹4.5 L/yr - ₹11 L/yr

2 years
(2 salaries)
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₹8.9 L/yr - ₹11 L/yr

4 years
(1 salaries)
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₹15.1 L/yr - ₹15.1 L/yr

5 years
(1 salaries)
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₹11.8 L/yr - ₹11.8 L/yr

6 years
(4 salaries)
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₹7 L/yr - ₹16.5 L/yr

Actuarial Consultant Jobs in Mumbai

Actuarial Consultant

· 7-11 years

Optum Global Solutions (India) Private Limited

·
4.0

Hyderabad / Secunderabad

Actuarial Consultant

· 2-9 years

WTW GLOBAL DELIVERY AND SOLUTIONS INDIA PVT LTD.

·
3.4

Gurgaon / Gurugram

Actuarial Consultant

· 9-12 years

Ascensus

·
3.7

Hyderabad / Secunderabad

View all Actuarial Consultant jobs

Similar Designation Salary

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1 - 12 years exp.
(12.7k salaries)
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₹3.4 L/yr - ₹16 L/yr

Senior Consultant Salary
4 - 12 years exp.
(14.6k salaries)
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₹6.6 L/yr - ₹28 L/yr

Consultant Salary
2 - 11 years exp.
(18.8k salaries)
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₹4 L/yr - ₹22 L/yr

Analyst Salary
0 - 6 years exp.
(14.5k salaries)
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₹2.2 L/yr - ₹17.3 L/yr

Insurance Analyst Salary
1 - 8 years exp.
(63 salaries)
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₹1.1 L/yr - ₹9 L/yr

View more similar designations

Actuarial Consultant Salary In Other Locations

Locations Avg. annual salary
New Delhi
Actuarial Consultant
1 - 7 years exp.
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₹7.5 L/yr - ₹20 L/yr

Gurgaon / Gurugram
Actuarial Consultant
1 - 6 years exp.
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₹6.5 L/yr - ₹30.8 L/yr

Bangalore / Bengaluru
Actuarial Consultant
1 - 9 years exp.
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₹9.7 L/yr - ₹34 L/yr

Noida
Actuarial Consultant
2 - 5 years exp.
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₹5.9 L/yr - ₹17 L/yr

Kolkata
Actuarial Consultant
1 - 3 years exp.
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₹6 L/yr - ₹16 L/yr

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Actuarial Consultant Salary By Industries

Industries Avg. annual salary

Management Consulting

Actuarial Consultant
1 - 6 years exp.
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₹5 L/yr - ₹22.2 L/yr

Financial Services

Actuarial Consultant
1 - 7 years exp.
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₹5.9 L/yr - ₹22.8 L/yr

IT Services & Consulting

Actuarial Consultant
1 - 6 years exp.
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₹10 L/yr - ₹22.6 L/yr

Accounting & Auditing

Actuarial Consultant
1 - 7 years exp.
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₹5 L/yr - ₹22 L/yr

Consulting

Actuarial Consultant
1 - 5 years exp.
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₹4.8 L/yr - ₹16 L/yr

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Frequently Asked Questions (FAQS) about Actuarial Consultant Salaries

What is the salary of a Actuarial Consultant in India?
The salary of a Actuarial Consultant in India varies based on experience, location, company & Industry. On average, Actuarial Consultant salaries ranges from ₹5.0 Lakhs to ₹16.5 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹5.0 Lakhs to ₹16.5 Lakhs per year, with the highest salary reaching ₹11.0 Lakhs to ₹16.0 Lakhs per year. Salary estimates are based on 14 salaries received from various Actuarial Consultants across industries.
What are the top paying cities for Actuarial Consultant in India?
The annual salary for Actuarial Consultant in India varies by location. Top paying cities for Actuarial Consultant are
Actuarial Consultant Salary in New Delhi ₹7.5 Lakhs to ₹20.0 Lakhs per year
Actuarial Consultant Salary in Gurgaon / Gurugram ₹6.5 Lakhs to ₹30.8 Lakhs per year
Actuarial Consultant Salary in Bangalore / Bengaluru ₹9.7 Lakhs to ₹34.0 Lakhs per year
Actuarial Consultant Salary in Noida ₹5.9 Lakhs to ₹17.0 Lakhs per year
Actuarial Consultant Salary in Kolkata ₹6.0 Lakhs to ₹16.0 Lakhs per year
Salary expectations for Actuarial Consultant may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Actuarial Consultant in India?
Top 5 paying Industries for Actuarial Consultant in India are:
Actuarial Consultant Salary in Management Consulting ₹5.0 Lakhs to ₹22.2 Lakhs per year
Actuarial Consultant Salary in Financial Services ₹5.9 Lakhs to ₹22.8 Lakhs per year
Actuarial Consultant Salary in IT Services & Consulting ₹10.0 Lakhs to ₹22.6 Lakhs per year
Actuarial Consultant Salary in Accounting & Auditing ₹5.0 Lakhs to ₹22.0 Lakhs per year
Actuarial Consultant Salary in Consulting ₹4.8 Lakhs to ₹16.0 Lakhs per year
How does experience affect salaries of a Actuarial Consultant in India?
Experience significantly impacts a Actuarial Consultant salary in India. Salaries increase with experience, as Actuarial Consultant take on more complex tasks, responsibilities, and leadership roles. Actuarial Consultant salary at different experience level are as follows:
Experience Average Salary Range
1 year ₹4.5 Lakhs to ₹11.0 Lakhs per year
2 years ₹8.9 Lakhs to ₹11.0 Lakhs per year
4 years ₹15.1 Lakhs to ₹15.1 Lakhs per year
5 years ₹11.8 Lakhs to ₹11.8 Lakhs per year
and so on.

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