Actuary Salary in India

₹8,87,600
per year
per month
₹48,080
per month
per year
Bonus
₹1,84,200/year
Profit Sharing
₹54,700/year
Bonus
₹9,980/month
Profit Sharing
₹2,960/month

Actuary - Average Salary

The average salary for an Actuary is ₹8,87,600 per year (₹48,080 per month), which is ₹5,00,100 (+129%) higher than the national average salary in India.
An Actuary can expect an average starting salary of ₹3,27,600. The highest salaries can exceed ₹40,00,000.
₹3,27,600
Low
₹8,87,600
Average
₹40,00,000
High
₹17,750
Low
₹48,080
Average
₹2,16,670
High
Total compensation includes salary, bonus and profit sharing.
₹11,200
₹23,53,000
₹47,17,200
Base Salary₹3,27,600 - 40,00,000
Bonus₹22,400 - 5,21,800
Profit Sharing₹11,200 - 1,95,400
Total Compensation₹3,61,200 - 47,17,200
₹610
₹1,27,460
₹2,55,520
Base Salary₹17,750 - 2,16,670
Bonus₹1,210 - 28,270
Profit Sharing₹610 - 10,580
Total Compensation₹19,570 - 2,55,520

Actuary Salary Range

Low
₹3,27,600
Average
₹8,87,600
Senior
₹19,54,300
High
₹40,00,000
Low
₹17,750
Average
₹48,080
Senior
₹1,05,860
High
₹2,16,670

Actuary - Salary Differences

JobSalaryDifference
LIC Actuary₹1,367K/year
+54% 
Appointed Actuary₹1,172K/year
+32% 
Actuary Completing 5 Papers₹923K/year
+4% 

Actuary - Pay by Experience Level

An Entry Level Actuary with less than three years of experience can expect to earn an average total compensation of ₹3,61,200. A mid career Actuary with 4-9 years of experience earns an average total compensation of ₹7,15,200, while a Senior Actuary with 10-20 years of experience makes on average ₹19,54,300. Actuaries with more than 20 years of experience earn ₹17,60,300 on average.

How Work Experience Affects the Salary of an Actuary

Senior▲ +120%
Late Career▲ +98%
Average Salary₹8,87,600/year
Mid Career▼ -19%
Entry Level▼ -59%

Gender Breakdown

Female
9%
Male
91%

Actuary - Jobs by Location

Actuary - Related Salaries

The salary information presented on this page is based on all Actuary jobs published on Jobted in the last 12 months.
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Frequently asked questions about the salary of the Actuary

How much does an Actuary make in India?
An Actuary in India earns an average of ₹8,87,600 gross per year, which is about ₹48,080 net per month. Everything you need to know about the salary of the Actuary updated to 2024.
What is the starting salary for an Actuary in India?
The starting salary of an Actuary in India is around ₹3,27,600 gross per year.
What is the highest salary for an Actuary in India?
The highest salary of an Actuary in India can reach and exceed ₹40,00,000 gross per year.
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