Actuarial Consultant
Annual salary range
₹5 Lakhs - ₹16.5 Lakhs
Moderate Confidence 
Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Filter salaries byActuarial Consultant Salary in Mumbai (Updated 2025)
based on 14
latest salaries
• updated:
17 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
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.
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
1 yr
exp.
.
Mumbai
(5 salaries)
|
₹5 L/yr - ₹6.1 L/yr | |
4 -
6
yrs
exp.
.
Mumbai
(4 salaries)
|
₹11.8 L/yr - ₹16.5 L/yr | |
Login to view exact salary
| ||
0 -
2
yrs
exp.
.
Mumbai
(3 salaries)
|
₹9.9 L/yr - ₹12.7 L/yr | |
16 -
17
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹27 L/yr - ₹34.5 L/yr | |
6 -
10
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹15 L/yr - ₹23 L/yr | |
12 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹36 L/yr - ₹46 L/yr | |
14 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹27 L/yr - ₹34.5 L/yr | |
2 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹8.9 L/yr - ₹14 L/yr | |
Login to view exact salary
| ||
Fresher
.
Mumbai
(AmbitionBox Estimate)
|
₹2.2 L/yr - ₹2.8 L/yr | |
1 yr
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹4.1 L/yr - ₹5.2 L/yr | |
Latest annual salaries shared by Actuarial Consultants
3d ago
Ernst & Young
Actuarial Consultant
3 years exp.
1w ago
Genpact
Actuarial Consultant
3 years exp.
2w ago
Ernst & Young
Actuarial Consultant
4 years exp.
2w ago
RSA
Actuarial Consultant
3 years exp.
3w ago
Exl India
Actuarial Consultant
2 years exp.
1mo ago
Ernst & Young
Actuarial Consultant
6 years exp.
1mo ago
Careon Healthcare Solutions
Actuarial Consultant
5 years exp.
1mo ago
Deloitte
Actuarial Consultant
3 years exp.
1mo ago
Aon
Actuarial Consultant
4 years exp.
1mo ago
Aon
Actuarial Consultant
3 years exp.
View all latest salaries
Actuarial Consultant salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(7
salaries)
|  ₹4.5 L/yr - ₹11 L/yr |
2
years
(2
salaries)
| ₹8.9 L/yr - ₹11 L/yr |
Login to view exact salary
| |
4
years
(1
salaries)
| ₹15.1 L/yr - ₹15.1 L/yr |
5
years
(1
salaries)
| ₹11.8 L/yr - ₹11.8 L/yr |
6
years
(4
salaries)
| ₹7 L/yr - ₹16.5 L/yr |
Actuarial Consultant Jobs in Mumbai
Actuarial Consultant
· 5-7 years
MetLife
Noida
Actuarial Consultant
· 3-6 years
Ascensus
Hyderabad / Secunderabad
Actuarial Consultant
· 3-6 years
Ascensus
Chennai
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Associate Consultant Salary
1 -
12
years
exp.
(12.7k salaries)
| ₹3.4 L/yr - ₹16 L/yr |
Senior Consultant Salary
4 -
12
years
exp.
(14.7k salaries)
| ₹6.6 L/yr - ₹28 L/yr |
Login to view exact salary
| |
Consultant Salary
2 -
11
years
exp.
(18.9k salaries)
| ₹4 L/yr - ₹22.3 L/yr |
Insurance Analyst Salary
1 -
8
years
exp.
(63 salaries)
| ₹1.1 L/yr - ₹9 L/yr |
Analyst Salary
0 -
6
years
exp.
(14.9k salaries)
| ₹2.3 L/yr - ₹17.6 L/yr |
View more similar designations
Salary related reviews by similar designations like Actuarial Consultant
Ernst & Young
Associate Consultant in Mumbai
• posted on 06 Feb 2025
Likes
Good hikes and bonus with changes of working on upcoming and trending technologies, which again would depend on the kind of project you are alloted with. Flexible working is a plus.
read more- Salary - Good
+1 more
Dislikes
Poor work-life balance, toxic managers, tight deadlines.
- Work satisfaction - Poor
+2 more
Aon
Analyst in Gurgaon / Gurugram
• posted on 21 Aug 2017
Likes
Aon is a very great organisation with around 60000 people around the globe. At Aon you will daily learn something along with that Company also takes care of employees by giving them good growth and providing good opportunities. The leadership is always available for the colleagues and work for their betterment.
read more- Skill development - Good
+5 more
Dislikes
Except compensation and monetary benefits everything is good
Ernst & Young
Senior Consultant in Pune
• posted on 13 Jan 2025
Likes
Employee benefits, on-time salary, bonus, year end break
- Salary - Excellent
+3 more
Dislikes
Work life balance is difficult to maintain at times.
Aon
Software Engineer in Gurgaon / Gurugram
• posted on 11 Apr 2018
Likes
The company is open to innovation and readily adopts latest technology.
- Salary - Good
+5 more
Top skills for Actuarial Consultant
Actuarial Consultant Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Actuarial Consultant
1 -
7
years
exp.
| ₹8 L/yr - ₹20 L/yr |
Gurgaon / Gurugram
Actuarial Consultant
1 -
7
years
exp.
| ₹6.5 L/yr - ₹30.8 L/yr |
Login to view exact salary
| |
Bangalore / Bengaluru
Actuarial Consultant
1 -
9
years
exp.
| ₹9.7 L/yr - ₹34 L/yr |
Noida
Actuarial Consultant
2 -
5
years
exp.
| ₹5.9 L/yr - ₹17 L/yr |
Kolkata
Actuarial Consultant
1 -
3
years
exp.
| ₹6 L/yr - ₹16 L/yr |
View More
Actuarial Consultant Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Management Consulting Actuarial Consultant
1 -
7
years
exp.
| ₹6 L/yr - ₹22.2 L/yr |
Financial Services Actuarial Consultant
1 -
7
years
exp.
| ₹5.9 L/yr - ₹22.8 L/yr |
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| |
IT Services & Consulting Actuarial Consultant
1 -
6
years
exp.
| ₹10 L/yr - ₹22.6 L/yr |
Accounting & Auditing Actuarial Consultant
1 -
7
years
exp.
| ₹5 L/yr - ₹22 L/yr |
Consulting Actuarial Consultant
1 -
5
years
exp.
| ₹4.8 L/yr - ₹16 L/yr |
View More
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.
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 companies that employ Actuarial Consultants?
Actuarial Consultant Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| Ernst & Young Actuarial Consultant Salary | ₹11 Lakhs to ₹16 Lakhs per year |
| Aon Actuarial Consultant Salary | ₹7 Lakhs to ₹18 Lakhs per year |
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
Salary expectations for Actuarial Consultant may vary based on job roles, experience, and specific employer requirements.
| Actuarial Consultant Salary in Ghaziabad | ₹22.5 Lakhs to ₹28.8 Lakhs per year |
| Actuarial Consultant Salary in Pune | ₹21.0 Lakhs to ₹22.8 Lakhs per year |
| Actuarial Consultant Salary in New Delhi | ₹8.0 Lakhs to ₹20.0 Lakhs per year |
| Actuarial Consultant Salary in Bangalore / Bengaluru | ₹9.7 Lakhs to ₹34.0 Lakhs per year |
| Actuarial Consultant Salary in Gurgaon / Gurugram | ₹6.5 Lakhs to ₹30.8 Lakhs per year |
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 Insurance | ₹3.9 Lakhs to ₹25.0 Lakhs per year |
| Actuarial Consultant Salary in IT Services & Consulting | ₹10.0 Lakhs to ₹22.6 Lakhs per year |
| Actuarial Consultant Salary in Healthcare / Pharma | ₹4.0 Lakhs to ₹35.0 Lakhs per year |
| Actuarial Consultant Salary in Financial Services | ₹5.9 Lakhs to ₹22.8 Lakhs per year |
| Actuarial Consultant Salary in EdTech | ₹12.0 Lakhs to ₹17.1 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:
and so on.
| 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 |
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