Mercer Mumbai Actuarial Analyst Salaries by 5 Employees (Updated 2025)

0 - 2 years exp.

₹4.8 Lakhs - ₹7.4 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

16% less than the average Actuarial Analyst Salary in Management Consulting Companies for 0 - 2 years of experience

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Last Updated: 20 Jan 2025

Companies similar to Mercer for Actuarial Analyst in Mumbai

Mercer Actuarial Analyst Salary

0 - 2 years exp. (5 salaries)

₹4.8 L/yr - ₹7.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Willis Towers Watson Actuarial Analyst Salary 0 - 3 years exp. (33 salaries)	₹3.8 L/yr - ₹10 L/yr 16% more
KPMG India Actuarial Analyst Salary 1 - 2 years exp. (3 salaries)	₹7.2 L/yr - ₹10 L/yr 41% more
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ICICI Lombard General Insurance Company Actuarial Analyst Salary 0 - 3 years exp. (14 salaries)	₹10 L/yr - ₹14.5 L/yr 97% more
WNS Actuarial Analyst Salary 2 - 4 years exp. (9 salaries)	₹5.6 L/yr - ₹9.6 L/yr 3% less	1 job opening
10FA India Actuarial Analyst Salary 1 - 3 years exp. (9 salaries)	₹4.5 L/yr - ₹8 L/yr 5% more

Actuarial Analyst salary at Mercer ranges between ₹4.8 Lakhs to ₹7.4 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Mercer.

Experience wise Mercer Actuarial Analyst salaries in Mumbai

Last Updated: 20 Jan 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹4.8 L/yr - ₹7.4 L/yr
1 year (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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2 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr

From

Actuarial Analyst

0 - 4 years exp.

Senior Actuarial Analyst

1 - 3 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Mercer

Analyst Salary

(3 salaries)

₹5 L/yr - ₹12 L/yr

Senior Actuarial Analyst Salary

(3 salaries)

₹6 L/yr - ₹9.3 L/yr

Top skills at Mercer for Actuarial Analyst

Actuarial

Salary related reviews for Mercer

Actuarial Analyst in Gurgaon / Gurugram

Actuarial Department

3.0

• posted on 17 May 2018

2.0

for Salary and Benefits

Likes

The work in my department was of good quality and we got to interact with experienced offshore actuaries and partners which develops thinking a lot.

Skill development - Good

+2 more

Dislikes

The compensation especially for my department was not satisfactory. I have seen a lot of exemplary candidates leave just because the compensation was poor to say the least.

Salary - Poor

Data Analyst in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

3.0

• posted on 08 Aug 2023

1.0

for Salary and Benefits

Likes

Likes - Work Life Balance, Young Team

Work-life balance - Good

Dislikes

Dislikes - Sexist management, Heavy Politics, Office Culture, Learning becomes stagnant, Low Salary, No Benefits, Super strict work hours, basically this place is an extension of school, you won't feel like you're in corporate now.

Salary - Bad

+4 more

Senior Analyst in Pune

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Sep 2022

1.0

for Salary and Benefits

Likes

Not good company

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. they only looking for business. Not transpercy in progress report and other things. Very pathetic company. The employee which is senior they not increase there package but the employee which is new hire they gives good package as compared to Senior once.

Salary - Bad

+4 more

Senior Analyst in Noida

Full Time

Finance & Accounting Department

4.0

• posted on 20 Mar 2018

4.0

for Salary and Benefits

Likes

...h corporate standards which will help a new employees to sharpen his/her skills.Compensation is also good as compared to other companies.Friendly ambience with right work life balance.

Salary - Good

+4 more

Dislikes

Nothing to discuss but growth opportunities should be made better.

Senior Analyst in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 12 Aug 2021

4.0

for Salary and Benefits

Likes

Infrastructure is good leaves are good they do not deduct money for leaves of absent salary is on time, interaction with onshore team . This company is very good for married people.

Salary - Good

+6 more

Dislikes

Incentives policy change quatorly to annually You will get as per performance if you are leaving company before December you are not eligible to get incentives amount.company is good but peoples are not good. senior employees rules like college if you cannot learn things quickly they will past a negative comments just on your face,and also pass negativity about you to your manager without your knowledge but some teams are very good supportive and helpful .but in my team they made me cried for 2 times in the office and many times mood off. But if you are a person who can fight back at an cost this place is good for you.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mercer Actuarial Analyst Salary FAQs

What is the salary of Actuarial Analyst at Mercer in Mumbai?

The average salary of a Actuarial Analyst at Mercer in Mumbai typically ranges from ₹4.8 Lakhs to ₹7.4 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Actuarial Analyst in Mumbai at Mercer earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹7.4 Lakhs per year. Actuarial Analyst Salaries at Mercer can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Mercer employees in India.

What is the estimated take home salary of a Actuarial Analyst at Mercer in Mumbai?

The estimated take-home salary of a Actuarial Analyst at Mercer in Mumbai typically ranges from ₹48,330 to ₹49,473 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹7.4 Lakhs per year for employees with experience ranging from Fresher to 2 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Mercer. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Actuarial Analyst at Mercer in Mumbai?

Actuarial is a popular skill required to work as a Actuarial Analyst at Mercer.

Which companies offer higher salaries than Mercer for Actuarial Analyst in India?

ICICI Lombard General Insurance Company	₹10.0 Lakhs to ₹14.5 Lakhs per year
KPMG India	₹7.2 Lakhs to ₹10.0 Lakhs per year
Willis Towers Watson	₹3.8 Lakhs to ₹10.0 Lakhs per year
10FA India	₹4.5 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mercer, depending on the role and experience level.

What is the salary of a Actuarial Analyst in companies similar to Mercer in Mumbai?

The salary of a Actuarial Analyst at companies similar to Mercer in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

WNS	₹5.6 Lakhs to ₹9.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Actuarial Analyst at Mercer in Mumbai?

The salary growth for a Actuarial Analyst at Mercer in Mumbai depends on factors such as experience, performance, and promotions. On average, a Actuarial Analyst in Mumbai can expect the following growth trajectory at Mercer:

Experience	Average Salary Range
Fresher	₹4.8 Lakhs to ₹7.4 Lakhs per year
1 year	₹5.6 Lakhs to ₹7.2 Lakhs per year
2 years	₹5.7 Lakhs to ₹7.3 Lakhs per year

and so on.

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Mercer Actuarial Analyst Salaries in Mumbai

Mercer Actuarial Analyst salary in Mumbai ranges between ₹4.8 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mercer latest salaries received from various employees of Mercer.