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An actuarial analyst is a professional who uses mathematical and statistical techniques to analyze and assess potential risks in various industries, primarily insurance and finance. They collect and analyze data, develop models and algorithms, and interpret findings to provide insights and recommendations for decision-making. Actuarial analysts are responsible for estimating the probability and potential impact of certain events, such as accidents, illnesses, or natural disasters, on the financial stability of organizations. They also help design and price insurance policies, evaluate investment strategies, and ensure regulatory compliance.
Estimated Yearly Salary: 2,650,490 INR
Estimated Monthly Salary: 220,874 INR
Estimated Weekly Salary: 50,971 INR per week
Estimated Hourly Salary: 1,274 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 214,058 INR
Estimated Weekly Salary: 49,398 INR per week
Estimated Hourly Salary: 1,235 INR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 29,547 USD
Estimated Monthly Salary: 2,462 USD
Estimated Weekly Salary: 568 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 2,650,490 INR
Estimated Monthly Salary: 220,874 INR
Estimated Weekly Salary: 50,971 INR per week
Estimated Hourly Salary: 1,274 INR per hour
By working as Actuarial Analyst a person can save up to 1,567 USD per month or 18,805 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Estimated Yearly Salary for Actuarial Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Actuarial Analyst salary in India
Average Yearly Salary of Actuarial Analyst in India is approximately 2,650,490 INR (29,547 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Actuarial Analyst do?
An actuarial analyst is a professional who uses mathematical and statistical techniques to analyze and assess potential risks in various industries, primarily insurance and finance. They collect and analyze data, develop models and algorithms, and interpret findings to provide insights and recommendations for decision-making. Actuarial analysts are responsible for estimating the probability and potential impact of certain events, such as accidents, illnesses, or natural disasters, on the financial stability of organizations. They also help design and price insurance policies, evaluate investment strategies, and ensure regulatory compliance.
Skills: actuarial analysis, risk assessment, statistical modeling, data analysis, insurance industry, financial analysis
Job industry: Insurance
Job industry: Insurance
How much does Actuarial Analyst make?
Salary details
How much does Actuarial Analyst make?Estimated Yearly Salary: 2,650,490 INR
Estimated Monthly Salary: 220,874 INR
Estimated Weekly Salary: 50,971 INR per week
Estimated Hourly Salary: 1,274 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,568,690 INREstimated Monthly Salary: 214,058 INR
Estimated Weekly Salary: 49,398 INR per week
Estimated Hourly Salary: 1,235 INR per hour
Last revision of data: 2024-01-02Actuarial Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 29,547 USD
Estimated Monthly Salary: 2,462 USD
Estimated Weekly Salary: 568 USD per week
Estimated Hourly Salary: 14 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Analyst job salary compared to average salary in India.
Comparison shows that a person working as Actuarial Analyst in India earns on average:
1.43 times the average salary (or 143% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Analyst job salary compared to average salary in India.
Comparison shows that a person working as Actuarial Analyst in India earns on average:
1.43 times the average salary (or 143% of average salary).
Is Actuarial Analyst a well paid job?
Yes, our data shows that Actuarial Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Actuarial Analyst?
High salary for Actuarial Analyst would be somewhere between 2,915,539 INR and 3,843,211 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Analyst in India?
Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 2,650,490 INR
Estimated Monthly Salary: 220,874 INR
Estimated Weekly Salary: 50,971 INR per week
Estimated Hourly Salary: 1,274 INR per hour
By working as Actuarial Analyst a person can save up to 1,567 USD per month or 18,805 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Actuarial Analyst
Pakistan is 2,081 USD
China is 16,983 USD
Nepal is 9,679 USD
Bangladesh is 3,735 USD
Afghanistan is 7,913 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
(17,441,897 INR per year, pre-tax.)
(16,859,303 INR per year, pre-tax.)
4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(16,022,930 INR per year, pre-tax.)
7. Urologist
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
9. Oncologist
(15,984,385 INR per year, pre-tax.)
(15,947,550 INR per year, pre-tax.)
Data as of 2025Random salary:
Legal secretary legal aid (1,881,607 INR per year, pre-tax.)
Maintenance coordinator (1,277,053 INR per year, pre-tax.)
Wealth management analyst (2,432,828 INR per year, pre-tax.)
Assistant director public policy (2,921,754 INR per year, pre-tax.)
Director of activities assisted living (1,073,446 INR per year, pre-tax.)
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