Assistant Actuarial Analyst salary in India

Average Yearly Salary of Assistant Actuarial Analyst in India is approximately 2,640,413 INR (29,195 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 Assistant Actuarial Analyst do?

An assistant actuarial analyst is responsible for providing support to the actuarial team in analyzing data, performing calculations, and assisting with risk assessment for insurance companies or financial institutions. They collect and organize data, input it into actuarial models, and assist in developing reports and presentations. They may also assist in pricing insurance policies, determining reserves, and evaluating the financial impact of potential risks. This role requires strong analytical skills, attention to detail, and proficiency in mathematical and statistical analysis. Assistant actuarial analysts should have a solid understanding of actuarial concepts and be able to effectively communicate complex information to both technical and non-technical stakeholders. They should also possess strong problem-solving abilities and be proficient in using actuarial software and tools.

Skills: Actuarial analysis, Data analysis, Risk assessment, Insurance industry, Financial analysis, Mathematical modeling
Job industry: Insurance

How much does Assistant Actuarial Analyst make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Assistant Actuarial Analyst a well paid job?

Yes, our data shows that Assistant 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 Assistant Actuarial Analyst?

High salary for Assistant Actuarial Analyst would be somewhere between 2,904,454 INR and 3,828,599 INR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Assistant 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: 2,640,413 INR
Estimated Monthly Salary: 220,034 INR
Estimated Weekly Salary: 50,777 INR per week
Estimated Hourly Salary: 1,269 INR per hour
By working as Assistant Actuarial Analyst a person can save up to 1,538 USD per month or 18,453 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 Assistant Actuarial Analyst

Last revision of data: 2025-01-04

Salary 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 increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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