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An actuarial director is a senior-level professional responsible for managing and directing the actuarial department within an organization. They play a crucial role in assessing and managing risks related to insurance, pensions, investments, and other financial products. Actuarial directors oversee the development and implementation of actuarial models, methodologies, and strategies to ensure accurate pricing, reserving, and financial reporting. They collaborate with other departments such as finance, underwriting, and product development to provide insights and recommendations on risk management and profitability.
Estimated Yearly Salary: 6,162,347 INR
Estimated Monthly Salary: 513,529 INR
Estimated Weekly Salary: 118,507 INR per week
Estimated Hourly Salary: 2,963 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 497,640 INR
Estimated Weekly Salary: 114,840 INR per week
Estimated Hourly Salary: 2,871 INR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 68,461 USD
Estimated Monthly Salary: 5,705 USD
Estimated Weekly Salary: 1,317 USD per week
Estimated Hourly Salary: 33 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: 6,162,347 INR
Estimated Monthly Salary: 513,529 INR
Estimated Weekly Salary: 118,507 INR per week
Estimated Hourly Salary: 2,963 INR per hour
By working as Actuarial Director a person can save up to 4,810 USD per month or 57,719 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 Director
Last revision of data: 2025-01-04
Data as of 2025
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Actuarial Director salary in India
Average Yearly Salary of Actuarial Director in India is approximately 6,162,347 INR (68,461 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 Director do?
An actuarial director is a senior-level professional responsible for managing and directing the actuarial department within an organization. They play a crucial role in assessing and managing risks related to insurance, pensions, investments, and other financial products. Actuarial directors oversee the development and implementation of actuarial models, methodologies, and strategies to ensure accurate pricing, reserving, and financial reporting. They collaborate with other departments such as finance, underwriting, and product development to provide insights and recommendations on risk management and profitability.
Skills: Actuarial analysis, Risk management, Financial modeling, Insurance industry, Pension schemes, Strategic planning
Job industry: Insurance
Job industry: Insurance
How much does Actuarial Director make?
Salary details
How much does Actuarial Director make?Estimated Yearly Salary: 6,162,347 INR
Estimated Monthly Salary: 513,529 INR
Estimated Weekly Salary: 118,507 INR per week
Estimated Hourly Salary: 2,963 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 5,971,680 INREstimated Monthly Salary: 497,640 INR
Estimated Weekly Salary: 114,840 INR per week
Estimated Hourly Salary: 2,871 INR per hour
Last revision of data: 2024-01-09Actuarial Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 68,461 USD
Estimated Monthly Salary: 5,705 USD
Estimated Weekly Salary: 1,317 USD per week
Estimated Hourly Salary: 33 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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Country:
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 Director job salary compared to average salary in India.
Comparison shows that a person working as Actuarial Director in India earns on average:
3.33 times the average salary (or 333% 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 Director job salary compared to average salary in India.
Comparison shows that a person working as Actuarial Director in India earns on average:
3.33 times the average salary (or 333% of average salary).
Is Actuarial Director a well paid job?
Yes, our data show that Actuarial Director is a very 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 Director?
High salary for Actuarial Director would be somewhere between 6,778,582 INR and 8,935,403 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Actuarial Director 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: 6,162,347 INR
Estimated Monthly Salary: 513,529 INR
Estimated Weekly Salary: 118,507 INR per week
Estimated Hourly Salary: 2,963 INR per hour
By working as Actuarial Director a person can save up to 4,810 USD per month or 57,719 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 Director
Pakistan is 4,857 USD
China is 39,283 USD
Nepal is 22,545 USD
Bangladesh is 8,665 USD
Afghanistan is 18,419 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.)
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4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
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(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.)
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Data as of 2025Random salary:
Ed coder (948,497 INR per year, pre-tax.)
Fab operator (1,273,410 INR per year, pre-tax.)
Simulation programmer (3,666,420 INR per year, pre-tax.)
Overhead crane inspector (1,610,252 INR per year, pre-tax.)
Computer hardware engineer (2,794,764 INR per year, pre-tax.)
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