Senior Actuarial Manager

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Senior Actuarial Manager Salary in India (Updated 2025)

based on 19 latest salaries • updated: 8 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹10.2 Lakhs - ₹50 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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Senior Actuarial Manager Salary in India ranges between ₹10.2 Lakhs to ₹50 Lakhs for 5 years of experience to 16 years of experience. Salary estimates are based on 19 latest salaries received from Senior Actuarial... Read More

Latest annual salaries shared by Senior Actuarial Managers

5mo ago

Marsh McLennan

Senior Actuarial Manager

6 years exp.

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7mo ago

Computer Society of India

Senior Actuarial Manager

8 years exp.

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9mo ago

Aon

Senior Actuarial Manager

12 years exp.

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10mo ago

Aon

Senior Actuarial Manager

14 years exp.

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1y ago

Marsh McLennan

Senior Actuarial Manager

9 years exp.

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1y ago

Global Risk Consultants

Senior Actuarial Manager

8 years exp.

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1y ago

AXA Business Services

Senior Actuarial Manager

13 years exp.

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1y ago

Aon

Senior Actuarial Manager

11 years exp.

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1y ago

MetLife

Senior Actuarial Manager

15 years exp.

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1y ago

Aon

Senior Actuarial Manager

13 years exp.

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Senior Actuarial Manager salaries by

Years of experience Avg. annual salary
5 years
(2 salaries)
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₹5 L/yr - ₹25.8 L/yr

6 years
(1 salaries)
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₹24 L/yr - ₹24 L/yr

7 years
(1 salaries)
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₹45 L/yr - ₹45 L/yr

8 years
(2 salaries)
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₹10.2 L/yr - ₹30 L/yr

9 years
(1 salaries)
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₹35 L/yr - ₹35 L/yr

View all salaries by experience

Similar Designation Salary

Similar Designation Avg. annual salary
Senior Actuarial Analyst Salary
1 - 6 years exp.
(475 salaries)
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₹4.7 L/yr - ₹19 L/yr

Actuarial Manager Salary
1 - 13 years exp.
(117 salaries)
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₹4.5 L/yr - ₹54 L/yr

Senior Manager Salary
6 - 20 years exp.
(1.7L salaries)
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₹7 L/yr - ₹40.6 L/yr

Assistant Manager Salary
2 - 13 years exp.
(6L salaries)
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₹3 L/yr - ₹17 L/yr

Actuarial Analyst Salary
0 - 3 years exp.
(867 salaries)
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₹3.4 L/yr - ₹13.2 L/yr

View more similar designations

Senior Actuarial Manager Salary By Locations

Locations Avg. annual salary
Mumbai
Senior Actuarial Manager
5 - 16 years exp.
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₹5 L/yr - ₹25.8 L/yr

Bangalore / Bengaluru
Senior Actuarial Manager
7 - 13 years exp.
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₹30 L/yr - ₹50 L/yr

Ghaziabad
Senior Actuarial Manager
12 - 14 years exp.
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₹15.4 L/yr - ₹23 L/yr

New Delhi
Senior Actuarial Manager
10 - 11 years exp.
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₹14.9 L/yr - ₹28.8 L/yr

Gurgaon / Gurugram
Senior Actuarial Manager
8 - 14 years exp.
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₹27 L/yr - ₹52.9 L/yr

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Frequently Asked Questions (FAQS) about Senior Actuarial Manager Salaries

What is the salary of a Senior Actuarial Manager in India?
The salary of a Senior Actuarial Manager in India varies based on experience, location, company & Industry. On average, Senior Actuarial Manager salaries ranges from ₹10.2 Lakhs to ₹50.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹10.2 Lakhs to ₹50.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 19 salaries received from various Senior Actuarial Managers across industries.
What are the top paying cities for Senior Actuarial Manager in India?
The annual salary for Senior Actuarial Manager in India varies by location. Top paying cities for Senior Actuarial Manager are
Senior Actuarial Manager Salary in Mumbai ₹5.0 Lakhs to ₹25.8 Lakhs per year
Senior Actuarial Manager Salary in Bangalore / Bengaluru ₹30.0 Lakhs to ₹50.0 Lakhs per year
Senior Actuarial Manager Salary in Ghaziabad ₹15.4 Lakhs to ₹23.0 Lakhs per year
Senior Actuarial Manager Salary in New Delhi ₹14.9 Lakhs to ₹28.8 Lakhs per year
Senior Actuarial Manager Salary in Gurgaon / Gurugram ₹27.0 Lakhs to ₹52.9 Lakhs per year
Salary expectations for Senior Actuarial Manager may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Senior Actuarial Manager in India?
Top 5 paying Industries for Senior Actuarial Manager in India are:
Senior Actuarial Manager Salary in Financial Services ₹15.3 Lakhs to ₹49.9 Lakhs per year
Senior Actuarial Manager Salary in Insurance ₹15.3 Lakhs to ₹49.9 Lakhs per year
Senior Actuarial Manager Salary in Government ₹27.0 Lakhs to ₹34.5 Lakhs per year
Senior Actuarial Manager Salary in Management Consulting ₹45.0 Lakhs to ₹57.5 Lakhs per year
Senior Actuarial Manager Salary in Food Processing ₹9.2 Lakhs to ₹11.7 Lakhs per year
How does experience affect salaries of a Senior Actuarial Manager in India?
Experience significantly impacts a Senior Actuarial Manager salary in India. Salaries increase with experience, as Senior Actuarial Manager take on more complex tasks, responsibilities, and leadership roles. Senior Actuarial Manager salary at different experience level are as follows:
Experience Average Salary Range
5 years ₹5.0 Lakhs to ₹25.8 Lakhs per year
6 years ₹24.0 Lakhs to ₹24.0 Lakhs per year
7 years ₹45.0 Lakhs to ₹45.0 Lakhs per year
8 years ₹10.2 Lakhs to ₹30.0 Lakhs per year
and so on.

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