Mercer Actuarial Specialist Salaries by 30+ Employees (Updated 2025)

2 - 5 years exp.

₹6 Lakhs - ₹12 Lakhs

Salary of majority employees

5% less than the average Actuarial Specialist Salary in Management Consulting Companies for 2 - 5 years of experience

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Salaries in different departments

Consulting Actuarial Specialist Salary 2 - 4 years exp. (11 salaries)	₹8.1 L/yr - ₹12 L/yr
Data Science & Analytics Actuarial Specialist Salary 2 - 5 years exp. (9 salaries)	₹6.5 L/yr - ₹12 L/yr
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BFSI, Investments & Trading Actuarial Specialist Salary 2 - 4 years exp. (6 salaries)	₹6 L/yr - ₹11 L/yr

Last Updated: 25 Feb 2025

Companies similar to Mercer for Actuarial Specialist

Company name	Avg Annual Salary	Open Jobs
Aon Actuarial Specialist Salary 2 - 6 years exp. (19 salaries)	₹5.7 L/yr - ₹10.5 L/yr 21% less
Willis Towers Watson Actuarial Specialist Salary 3 - 6 years exp. (4 salaries)	₹7.1 L/yr - ₹15.5 L/yr 18% more
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Marsh McLennan Actuarial Specialist Salary 2 - 3 years exp. (3 salaries)	₹8 L/yr - ₹9.3 L/yr 4% less
Axa XL Actuarial Specialist Salary 2 - 7 years exp. (4 salaries)	₹17 L/yr - ₹23 L/yr 110% more
Chubb Actuarial Specialist Salary 4 - 12 years exp. (4 salaries)	₹20 L/yr - ₹47 L/yr 246% more

Actuarial Specialist salary at Mercer ranges between ₹6 Lakhs to ₹12 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 39 latest salaries received from various employees of Mercer.

Experience wise Mercer Actuarial Specialist salaries

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
2 years (13 salaries)	₹7 L/yr - ₹10 L/yr
3 years (16 salaries)	₹6 L/yr - ₹12 L/yr
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4 years (7 salaries)	₹6 L/yr - ₹12 L/yr
5 years (3 salaries)	₹6.5 L/yr - ₹12 L/yr

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Salary related reviews for Mercer

3.2

Rated by 5 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

Job security - Good

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.

Salary - Bad

+3 more

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

Process Champion in Gurgaon / Gurugram

Full Time

ANZ Department

4.0

• posted on 20 Dec 2024

2.0

for Salary and Benefits

Likes

Work life balance and all the other facilities they provide like cab, leaves, medical benefits etc are totally awesome

Job security - Excellent

+1 more

Dislikes

Salary, promotions and appraisal are the areas wherein they need to work...also internal job postings should be more transparent.

Salary - Poor

+2 more

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

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.

Job security - Excellent

+3 more

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.

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mercer Actuarial Specialist Salary FAQs

What is the salary of Actuarial Specialist at Mercer?

Actuarial Specialist salary at Mercer in India ranges between ₹6.0 Lakhs to ₹12.0 Lakhs for experience between 2 years to 5 years. According to our estimates it is 5% less than the average Actuarial Specialist Salary in India. Salary estimates are based on 39 latest salaries received from various employees of Mercer India.

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

The average salary of a Actuarial Specialist at Mercer is 5% less than the average salary of a Actuarial Specialist in India. To know exact salary insights, login to view.

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

Chubb Actuarial Specialist Salary - ₹20.0 Lakhs to ₹47.0 Lakhs per year
Axa XL Actuarial Specialist Salary - ₹17.0 Lakhs to ₹23.0 Lakhs per year
Willis Towers Watson Actuarial Specialist Salary - ₹7.1 Lakhs to ₹15.5 Lakhs per year

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

Marsh McLennan Actuarial Specialist Salary - ₹8.0 Lakhs to ₹9.3 Lakhs per year
Aon Actuarial Specialist Salary - ₹5.7 Lakhs to ₹10.5 Lakhs per year

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

The estimated take-home salary of a Actuarial Specialist at Mercer ranges between ₹69,025 per month to ₹70,797 per month in India. The take-home salary calculation is based on the average Mercer Actuarial Specialist salary in India which ranges between ₹6.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Actuarial Specialist at Mercer?

According to AmbitionBox, 85% of the Mercer Actuarial Specialists reported a notice period of 3 Months, 7% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

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Mercer Actuarial Specialist Salaries

Mercer Actuarial Specialist salary in India ranges between ₹6 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 39 Mercer latest salaries received from various employees of Mercer.