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Swiss Re

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3.8

based on 260 Reviews

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Swiss Re Actuarial Analyst salaries in Mumbai

Annual salary range
2 - 3 years exp.
₹10.1 Lakhs - ₹13 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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52% more than the average Actuarial Analyst Salary in Insurance Companies for 2 - 3 years of experience

Interested in this particular role? 2 job openings

Last Updated: 5 Aug 2023

Companies similar to Swiss Re for Actuarial Analyst in Mumbai

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Swiss Re Actuarial Analyst Salary

2 - 3 years exp. (4 salaries)
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₹10.1 L/yr - ₹13 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Willis Towers Watson Actuarial Analyst Salary

0 - 3 years exp. (33 salaries)
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₹3.8 L/yr - ₹10 L/yr

arrow icon 36% less
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ICICI Lombard General Insurance Company Actuarial Analyst Salary

0 - 3 years exp. (14 salaries)
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₹10 L/yr - ₹14.5 L/yr

arrow icon 9% more
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WNS Actuarial Analyst Salary

2 - 4 years exp. (9 salaries)
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₹5.6 L/yr - ₹9.6 L/yr

arrow icon 46% less
 1 job opening
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10FA India Actuarial Analyst Salary

1 - 3 years exp. (9 salaries)
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₹4.5 L/yr - ₹8 L/yr

arrow icon 42% less
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M&G Global Services Actuarial Analyst Salary

1 - 3 years exp. (8 salaries)
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₹5.4 L/yr - ₹12.5 L/yr

arrow icon 18% less
Actuarial Analyst salary at Swiss Re ranges between ₹10.1 Lakhs to ₹13 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Swiss Re.

Latest annual salaries shared by Swiss Re Actuarial Analyst in Mumbai

1y ago
₹13 Lakhs
3 years exp.

Experience wise Swiss Re Actuarial Analyst salaries in Mumbai

Last Updated: 5 Aug 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr
3 years (AmbitionBox Estimate)

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₹11.6 L/yr - ₹14.8 L/yr
Swiss Re Actuarial Analyst Salary and Career Growth

From

To

Actuarial Analyst

₹unlock blur Lakhs/yr

0 - 3 years exp.

Vice President

₹unlock blur Lakhs/yr

10 - 20 years exp.

Actuarial Analyst

0 - 3 years exp.
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Senior Actuarial Analyst

1 - 6 years exp.
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arrow icon 65% hike

Assistant Vice President

6 - 17 years exp.
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arrow icon 61% hike
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 Swiss Re

Underwriter Salary
(3 salaries)
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₹12.9 L/yr - ₹26 L/yr

Top skills at Swiss Re for Actuarial Analyst

Reinsurance Clinical SAS Programming Analytical Chemistry Medical Underwriting Actuarial Data Analytics Product Design Reinsurance Product Pricing Claims Coding Costing Claims Adjudication Python Transfer Pricing

Salary related reviews for Swiss Re

Senior Analyst in Bangalore / Bengaluru

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 18 Jul 2024
3.0
 for  Salary and Benefits

Likes

Swiss Re is a great place where you really get to expand your horizon as an Individual as well as a team player. They really care about their employees and this is reflected in rhe infra structure and other support they offer

read more
  • Job security - Good
    • +3 more

Dislikes

Pay scale could be better

  • Promotions - Poor

Team Lead in Bangalore / Bengaluru

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 12 Apr 2023
3.0
 for  Salary and Benefits

Likes

Nothing really

  • Company culture - Good
    • +1 more

Dislikes

Compensation way too less based on market standard. HRs are not communicative, Promotion chances are next to zero. Only if you can roam around top management then you have a chance of moving up.

read more
  • Skill development - Poor
    • +3 more

Associate in Bangalore / Bengaluru

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 18 Jun 2023
2.0
 for  Salary and Benefits

Likes

- Good work life balance - Decent work but it definitely depends on the team you are on - Good benefits/insurance - As of June 2023, they still have hybrid work mode (3 days office, 2 days wfh)

read more
  • Skill development - Good
    • +3 more

Dislikes

- Low pay compared to competitors/industry standards - Experience is given more emphasis than merit - No free cab services/food (unless you work very odd hours)

read more
  • Salary - Poor
    • +1 more

Assistant Vice President Finance in Bangalore / Bengaluru

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 29 Jan 2023
1.0
 for  Salary and Benefits

Likes

Office is at good location

Dislikes

Management boost about low pay due to very good work life balance. But you never get that so called work life balance. There is so much traction in between teams and work culture is bad. Attraction is above 40% in finance and it put enormous pressure on existing resources with no forward looking career plan. Overall a bad organization to work with in terms of pay, work life balance, learning. One can join the organisation to see how simple things can be ruined.

read more
  • Salary - Bad
    • +6 more

Director -Insurance IT in Bangalore Rural

Full Time

 · 

Project & Program Management Department

4.0
  •  posted on 15 Jan 2022
4.0
 for  Salary and Benefits

Likes

...like traditional IT companies where manager and above decides employee future. Best place to work with excellent package

read more
  • Salary - Good
    • +6 more

Dislikes

No long term opportunities

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Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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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Swiss Re Actuarial Analyst Salary FAQs

What is the salary of Actuarial Analyst at Swiss Re in Mumbai?
The average salary of a Actuarial Analyst at Swiss Re in Mumbai typically ranges from ₹10.1 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of Actuarial Analyst in Mumbai at Swiss Re earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Actuarial Analyst Salaries at Swiss Re 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 4 Swiss Re employees in India.
What is the estimated take home salary of a Actuarial Analyst at Swiss Re in Mumbai?
The estimated take-home salary of a Actuarial Analyst at Swiss Re in Mumbai typically ranges from ₹82,030 to ₹84,170 per month. This is based on the average salary range of ₹10.1 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 2 years to 3 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 4 salaries received from various employees of Swiss Re. 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 Swiss Re in Mumbai?
To be a Actuarial Analyst at Swiss Re in Mumbai, the key skills required include:

  • - Reinsurance
  • - Clinical SAS Programming
  • - Analytical Chemistry
  • - Medical Underwriting
  • - Actuarial

These skills are highly valued at Swiss Re and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Swiss Re for Actuarial Analyst in India?
ICICI Lombard General Insurance Company ₹10.0 Lakhs to ₹14.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Swiss Re, depending on the role and experience level.
What is the salary of a Actuarial Analyst in companies similar to Swiss Re in Mumbai?
The salary of a Actuarial Analyst at companies similar to Swiss Re in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

M&G Global Services ₹5.4 Lakhs to ₹12.5 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
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 Swiss Re in Mumbai?
The salary growth for a Actuarial Analyst at Swiss Re 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 Swiss Re:

Experience Average Salary Range
2 years ₹10.8 Lakhs to ₹13.8 Lakhs per year
3 years ₹11.6 Lakhs to ₹14.8 Lakhs per year
and so on.

Tell us how to improve this page.

Swiss Re Actuarial Analyst salary in Mumbai ranges between ₹10.1 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Swiss Re latest salaries received from various employees of Swiss Re.