Shriram Life Insurance Actuarial Analyst Salaries by 6 Employees (Updated 2025)

0 - 2 years exp.

₹4.5 Lakhs - ₹6.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

32% less than the average Actuarial Analyst Salary in Insurance Companies for 0 - 2 years of experience

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Salaries in different departments

Risk Management & Compliance Actuarial Analyst Salary 1 - 2 years exp. (3 salaries)	₹4.5 L/yr - ₹6.2 L/yr
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BFSI, Investments & Trading Actuarial Analyst Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.1 L/yr

Last Updated: 14 Mar 2025

Companies similar to Shriram Life Insurance for Actuarial Analyst

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Actuarial Analyst Salary 0 - 2 years exp. (22 salaries)	₹10 L/yr - ₹14.5 L/yr 138% more
Principal Global Services Actuarial Analyst Salary 2 - 3 years exp. (12 salaries)	₹7.5 L/yr - ₹14 L/yr 105% more	1 job opening
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AIG Actuarial Analyst Salary 0 - 3 years exp. (11 salaries)	₹6.9 L/yr - ₹13.9 L/yr 112% more
HDFC Ergo General Insurance Actuarial Analyst Salary 0 - 2 years exp. (8 salaries)	₹4.5 L/yr - ₹8.4 L/yr 31% more
Gallagher Actuarial Analyst Salary 0 - 4 years exp. (7 salaries)	₹5.7 L/yr - ₹8 L/yr 34% more
HDFC Life Actuarial Analyst Salary 0 - 3 years exp. (6 salaries)	₹4.3 L/yr - ₹16.5 L/yr 103% more
MetLife Actuarial Analyst Salary 0 - 2 years exp. (5 salaries)	₹7.2 L/yr - ₹12.1 L/yr 73% more
Axis Max Life Insurance Actuarial Analyst Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹20 L/yr 50% more
ICICI Prudential Life Insurance Actuarial Analyst Salary 0 - 1 year exp. (3 salaries)	₹6 L/yr - ₹11 L/yr 46% more

Actuarial Analyst salary at Shriram Life Insurance ranges between ₹4.5 Lakhs to ₹6.2 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 6 latest salaries received from various employees of Shriram Life Insurance.

Experience wise Shriram Life Insurance Actuarial Analyst salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.5 L/yr - ₹10.8 L/yr
1 year (4 salaries)	₹4.5 L/yr - ₹6.2 L/yr
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2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr

Similar Designation salaries in Shriram Life Insurance

Data Analyst Salary

(11 salaries)

₹3 L/yr - ₹8 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Accountant Salary

(5 salaries)

₹2 L/yr - ₹4.8 L/yr

Accounting Staff Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Team Lead Salary

(44 salaries)

₹2.4 L/yr - ₹5.5 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Associate Salary

(14 salaries)

₹2.35 L/yr - ₹3.2 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Process Associate Salary

(10 salaries)

₹1.5 L/yr - ₹2.5 L/yr

Top skills at Shriram Life Insurance for Actuarial Analyst

Actuarial Mathematica Statistics

Salary related reviews for Shriram Life Insurance

Relationship Manager in Hyderabad / Secunderabad

Full Time

Strategic & Top Management Department

1.0

• posted on 22 Feb 2025

3.0

for Salary and Benefits

Likes

The only thing I like about Shriram Life insurance is the good incentive and the salary package. That’s it.

Dislikes

The job satisfaction is very poor. I don’t even like to walk there and the top management is very rude and very arrogant. They don’t even understand the situation of an employees few days ago. My father was very serious in the hospital. I have informed the authority that I am taking leave. It was total of five days of leave. Even after I informed, even after I told him that it was an emergency. My father‘s condition is not good. Still there spoke to me very rudely and very arrogantly. Fine, they told me to resign. I mean family emergencies should be considered as Reasonable right thinking to join Shriram Life insurance. I would suggest them to not join if you are totally focused and experienced in life insurance industry. If you have business, if you have clients then okay, you can go for it, but still, you will face such situations.

Skill development - Poor

+4 more

Tele Marketing Executive in Chennai

Full Time

Marketing & Communication Department

3.0

• posted on 19 Nov 2024

3.0

for Salary and Benefits

Likes

Sales business so... income is flexible according to your business

Skill development - Good

Dislikes

There are many dislikes.... 1. Salary was not credited by the correct date 2. There are no week off including Sunday working day 3.etc not recommended

Senior Business Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 07 Mar 2024

1.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

Work culture horrible. HR is not bothered. They dont even respond to your calls .salary deduction is ver high .no security for your job they can remove you anytime.horrible company..even sundays they expect to work.

Salary - Bad

+5 more

Unit Manager in Hubli

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Jun 2023

1.0

for Salary and Benefits

Likes

There is not a single good things about Shriram life insurance Company. Its horrible place for work.

Dislikes

Reckless Boss, after joining 1st month salary provided after that No salary no response from HR, your attendance doesn't matters. If they wish then only you will get salary. One of the worst experience I had in 6months.

Salary - Bad

+6 more

Accounts Receivable Executive in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 02 May 2023

4.0

for Salary and Benefits

Likes

I like the work culture and friendly environment with each and every single people and cultural activities are good.

Salary - Good

+6 more

Dislikes

Salaries are less compared to other companies, so push HR in starting itself for ur salary and salary deductions are high these are he dislikes. I felt !

see more salary related reviews

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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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Shriram Life Insurance Actuarial Analyst Salary FAQs

What is the salary of Actuarial Analyst at Shriram Life Insurance ?

The average salary of a Actuarial Analyst at Shriram Life Insurance in India typically ranges from ₹4.5 Lakhs to ₹6.2 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Actuarial Analyst at Shriram Life Insurance earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Actuarial Analyst Salaries at Shriram Life Insurance 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 6 Shriram Life Insurance employees in India.

What is the estimated take home salary of a Actuarial Analyst at Shriram Life Insurance in India?

The estimated take-home salary of a Actuarial Analyst at Shriram Life Insurance in India typically ranges from ₹39,443 to ₹40,617 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹6.2 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 6 salaries received from various employees of Shriram Life Insurance. 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 Shriram Life Insurance ?

To be a Actuarial Analyst at Shriram Life Insurance in india, the key skills required include:

- Actuarial
- Mathematica
- Statistics

These skills are highly valued at Shriram Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Shriram Life Insurance for Actuarial Analyst in India?

ICICI Lombard General Insurance Company	₹10.0 Lakhs to ₹14.5 Lakhs per year
AIG	₹6.9 Lakhs to ₹13.9 Lakhs per year
Principal Global Services	₹7.5 Lakhs to ₹14.0 Lakhs per year
HDFC Life	₹4.3 Lakhs to ₹16.5 Lakhs per year
MetLife	₹7.2 Lakhs to ₹12.1 Lakhs per year

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

What is the salary of a Actuarial Analyst in companies similar to Shriram Life Insurance in India?

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

Axis Max Life Insurance	₹3.0 Lakhs to ₹20.0 Lakhs per year
ICICI Prudential Life Insurance	₹6.0 Lakhs to ₹11.0 Lakhs per year
Gallagher	₹5.7 Lakhs to ₹8.0 Lakhs per year
HDFC Ergo General Insurance	₹4.5 Lakhs to ₹8.4 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 Shriram Life Insurance in India?

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

Experience	Average Salary Range
Fresher	₹4.5 Lakhs to ₹10.8 Lakhs per year
1 year	₹4.5 Lakhs to ₹6.2 Lakhs per year
2 years	₹4.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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Shriram Life Insurance Actuarial Analyst Salaries

Shriram Life Insurance Actuarial Analyst salary in India ranges between ₹4.5 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Shriram Life Insurance latest salaries received from various employees of Shriram Life Insurance.