Willis Towers Watson Actuarial Associate Salaries by 5 Employees (Updated 2025)

4 - 9 years exp.

₹12.2 Lakhs - ₹22 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

63% more than the average Actuarial Associate Salary in Management Consulting Companies for 4 - 9 years of experience

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Salaries in different departments

Finance & Accounting Actuarial Associate Salary 4 - 7 years exp. (3 salaries)	₹12.2 L/yr - ₹16.3 L/yr
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Consulting Actuarial Associate Salary 9 years exp. (AmbitionBox Estimate)	₹19.8 L/yr - ₹24.2 L/yr

Last Updated: 6 Jan 2025

Companies similar to Willis Towers Watson for Actuarial Associate

Company name	Avg Annual Salary	Open Jobs
PwC Actuarial Associate Salary 0 - 10 years exp. (9 salaries)	₹8 L/yr - ₹23 L/yr 8% more
Milliman Actuarial Associate Salary 0 - 1 year exp. (11 salaries)	₹6 L/yr - ₹9.3 L/yr 57% less
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Swiss Re Actuarial Associate Salary 0 - 6 years exp. (5 salaries)	₹3 L/yr - ₹11 L/yr 62% less
Chubb Actuarial Associate Salary 1 year exp. (5 salaries)	₹4 L/yr - ₹10 L/yr 59% less
SV Actuarial Actuarial Associate Salary 0 - 2 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 68% less

Actuarial Associate salary at Willis Towers Watson ranges between ₹12.2 Lakhs to ₹22 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Willis Towers Watson.

Experience wise Willis Towers Watson Actuarial Associate salaries

Last Updated: 6 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
5 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15.1 L/yr
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6 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.7 L/yr
7 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.4 L/yr
8 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
9 years (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.3 L/yr

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Salary related reviews for Willis Towers Watson

1.0

Rated by 1 employees for salary & benefits

Financial Analyst in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 20 Aug 2024

1.0

for Salary and Benefits

Likes

Company is good. Salary is on time. Leaves are good. Hybrid model is good.

Job security - Good

Dislikes

Promotion sucks, no promotion even after spending 8 years in company. Management sucks. No appreciation. No motivation. Only show off that company is amazing work culture is amazing. But in reality it is worst. Internal politics.

Salary - Bad

+4 more

Actuarial Analyst in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 22 Jul 2024

4.0

for Salary and Benefits

Likes

Working with abroad colleagues - very comfortable in terms of work culture, team rapport and recognition Good compensation and increments typically

Salary - Good

+3 more

Dislikes

Irrespective of skills or education all graduates are on same level and can progress in career depending on work allocation and the seniors on the team Skill development and learning is quite restricted depending on the allocated team to

Skill development - Poor

Scrum Master in Mumbai

Full Time

Healthcare & Life Sciences Department

1.0

• posted on 15 Oct 2024

1.0

for Salary and Benefits

Likes

Benefits are very low Appraisals are worst No job security No work life balance Paid very low

Dislikes

Benefits are very low Appraisals are the worst No job security No work life balance Paid very low as per market standards, the starting salary is the minimum wage allowed by the government. Too much office politics, manager's spoons are given promotions. Too much time tracking and managing humans like robots.

Salary - Bad

+6 more

Technical Support Specialist in Mumbai

Full Time

IT & Information Security Department

4.0

• posted on 05 Feb 2025

4.0

for Salary and Benefits

Likes

Work Life culture is great, the management takes your views into consideration. Helps you grow your career.

Salary - Good

+6 more

Dislikes

The compensation (allowances)for the night shift are included in the fixed pay so your salary takes a hit n the variable component.

Operations Leader in Thane

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 03 May 2023

1.0

for Salary and Benefits

Likes

Work from office - 25 time. Remaining is Work from Office.

Dislikes

...ed Management staff. Disapproptianate compensation structures at various levels. In some cases, Technical SME are drawing salary more than Managers. Wellness is only practiced as a tick in the box idea. Sincerity lacking from MLT to create positive working culture.

Salary - Bad

+5 more

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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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Willis Towers Watson Actuarial Associate Salary FAQs

What is the salary of Actuarial Associate at Willis Towers Watson ?

The average salary of a Actuarial Associate at Willis Towers Watson in India typically ranges from ₹12.2 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Actuarial Associate at Willis Towers Watson earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Actuarial Associate Salaries at Willis Towers Watson 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 Willis Towers Watson employees in India.

What is the estimated take home salary of a Actuarial Associate at Willis Towers Watson in India?

The estimated take-home salary of a Actuarial Associate at Willis Towers Watson in India typically ranges from ₹1,13,736 to ₹1,16,901 per month. This is based on the average salary range of ₹12.2 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 4 years to 9 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 Willis Towers Watson. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Willis Towers Watson for Actuarial Associate in India?

PwC	₹8.0 Lakhs to ₹23.0 Lakhs per year

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

What is the salary of a Actuarial Associate in companies similar to Willis Towers Watson in India?

The salary of a Actuarial Associate at companies similar to Willis Towers Watson in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Milliman	₹6.0 Lakhs to ₹9.3 Lakhs per year
Chubb	₹4.0 Lakhs to ₹10.0 Lakhs per year
Swiss Re	₹3.0 Lakhs to ₹11.0 Lakhs per year
SV Actuarial	₹5.0 Lakhs to ₹6.0 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 Associate at Willis Towers Watson in India?

The salary growth for a Actuarial Associate at Willis Towers Watson depends on factors such as experience, performance, and promotions. On average, a Actuarial Associate can expect the following growth trajectory at Willis Towers Watson:

Experience	Average Salary Range
4 years	₹11.0 Lakhs to ₹14.0 Lakhs per year
5 years	₹11.8 Lakhs to ₹15.1 Lakhs per year
6 years	₹13.9 Lakhs to ₹17.7 Lakhs per year
7 years	₹15.9 Lakhs to ₹20.4 Lakhs per year

and so on.

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Willis Towers Watson Actuarial Associate Salaries

Willis Towers Watson Actuarial Associate salary in India ranges between ₹12.2 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Willis Towers Watson latest salaries received from various employees of Willis Towers Watson.