Mercer Actuarial Manager Salaries by 4 Employees (Updated 2024)

8 - 11 years exp.

₹18.5 Lakhs - ₹24.2 Lakhs

Low Confidence

Salary of majority employees

16% more than the average Actuarial Manager Salary in Management Consulting Companies for 8 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Actuarial Manager Salary 8 years exp. (AmbitionBox Estimate)	₹21.8 L/yr - ₹26.6 L/yr
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Human Resources Actuarial Manager Salary 10 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr

Last Updated: 2 Dec 2024

Companies similar to Mercer for Actuarial Manager

Company name	Avg Annual Salary	Open Jobs
Aon Actuarial Manager Salary 8 - 10 years exp. (5 salaries)	₹10.3 L/yr - ₹14.6 L/yr 40% less
Accenture Actuarial Manager Salary 2 - 12 years exp. (4 salaries)	₹6.8 L/yr - ₹45 L/yr 5% more	1 job opening
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Deloitte Actuarial Manager Salary 0 - 8 years exp. (3 salaries)	₹5 L/yr - ₹30 L/yr 8% less
PwC Actuarial Manager Salary 10 - 12 years exp. (3 salaries)	₹35 L/yr - ₹60 L/yr 127% more
Ernst & Young Actuarial Manager Salary 7 - 15 years exp. (4 salaries)	₹30 L/yr - ₹50 L/yr 92% more

Actuarial Manager salary at Mercer ranges between ₹18.5 Lakhs to ₹24.2 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Mercer.

Experience wise Mercer Actuarial Manager salaries

Last Updated: 2 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹24.2 L/yr
9 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹39 L/yr
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10 years (AmbitionBox Estimate)	₹20 L/yr - ₹37.6 L/yr
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹22 L/yr

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Salary related reviews for Mercer

2.0

Rated by 1 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 11 Feb 2023

1.0

for Salary and Benefits

Likes

Company values and people centric organisation. Care a lot about people

Dislikes

Perks and Salary benefits are not good. Management is biased and runs around few people. Poor skill development, quality of work is very low.

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.

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.

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

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.

Portfolio Analyst in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 22 Mar 2023

3.0

for Salary and Benefits

Likes

Working at Mercer has been a rewarding experience. It has a great working culture with no requirement to log-in or log-off at a particular time. Team is young and thus you get the opportunity to learn with the peers and also showcase your strengths. Its a great place to work in the early part of your career.

Dislikes

... is below par, particularly as you get more experience within a particular role. Monetary compensation is average and should improve further to retain the best talent.

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 16 Apr 2023

4.0

for Salary and Benefits

Likes

Salary is comparatively higher than other firms.

Dislikes

Lack of support from manager. Too much favouritism culture exists. Also they have now increased heirarchy which has made way too difficult to reach into a people manager role.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mercer Actuarial Manager Salary FAQs

What is the salary of Actuarial Manager at Mercer?

Actuarial Manager salary at Mercer in India ranges between ₹18.5 Lakhs to ₹24.2 Lakhs for experience between 8 years to 11 years. According to our estimates it is 16% more than the average Actuarial Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mercer India.

How does the salary of a Actuarial Manager at Mercer India compare with the average salary range for this job?

The average salary of a Actuarial Manager at Mercer is 16% more than the average salary of a Actuarial Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mercer to a Actuarial Manager in India?

PwC Actuarial Manager Salary - ₹35.0 Lakhs to ₹60.0 Lakhs per year
Ernst & Young Actuarial Manager Salary - ₹30.0 Lakhs to ₹50.0 Lakhs per year
Accenture Actuarial Manager Salary - ₹6.8 Lakhs to ₹45.0 Lakhs per year

What is the salary of a Actuarial Manager in companies similar to Mercer in India?

Deloitte Actuarial Manager Salary - ₹5.0 Lakhs to ₹30.0 Lakhs per year
Aon Actuarial Manager Salary - ₹10.3 Lakhs to ₹14.6 Lakhs per year

What is the estimated take home salary of a Actuarial Manager at Mercer in India?

The estimated take-home salary of a Actuarial Manager at Mercer ranges between ₹1,38,570 per month to ₹1,43,699 per month in India. The take-home salary calculation is based on the average Mercer Actuarial Manager salary in India which ranges between ₹18.5 Lakhs to ₹24.2 Lakhs per year for employees with experience between 8 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Actuarial Manager at Mercer?

According to AmbitionBox, 67% of the Mercer Actuarial Managers reported a notice period of 2 Months, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Mercer Actuarial Manager Salaries

Mercer Actuarial Manager salary in India ranges between ₹18.5 Lakhs to ₹24.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mercer latest salaries received from various employees of Mercer.