The average salary for an Actuarial Manager in India is Rs 1,828,821.
MEDIAN Rs 1,828,821
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Rs 780k - Rs 3m
Rs 89k - Rs 404k
Rs 0 - Rs 5k
Rs 796k - Rs 3m
Your Market Worth Over Time
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Job Description for Actuarial Manager
Actuarial managers work primarily for banking, finance, securities, and insurance services to analyze a variety of risks and their consequences for the business. Actuarial managers must be able to perform financial projections to implement plans, prepare budgets, and report risk base capital and actuarial reports for support, and they also help prepare facilities for product implementation. Strong mathematical skills and knowledge of statistics and financial theory are necessary in this positio…Read more
Actuarial Manager Tasks
- Manage budgets, prioritize projects, and report on progress.
- Make recommendations and provide guidance to organizational leadership.
- Oversee actuarial staff and provide training and guidance.
Explore the most common career paths for Actuarial Manager. Thickness and color of lines indicates how common a path is.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Actuarial Manager Job Listings
Popular Skills for Actuarial Manager
Skills in Financial Modeling and Pricing are correlated to pay that is above average. Skills that pay less than market rate include Insurance and Microsoft Excel.
Pay by Experience Level for Actuarial Manager
An early career Actuarial Manager with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of Rs 900,000 based on 10 salaries. A mid-career Actuarial Manager with 5-9 years of experience earns an average total compensation of Rs 1,945,670 based on 27 salaries. An experienced Actuarial Manager with 10-19 years of experience earns an average total compensation of Rs 2,034,730 based on 5 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Actuarial Manager in their job title in Gurgaon, Haryana earn an average of 31.0% more than the national average. The lowest salaries can be found in New Delhi, Delhi (47.5% less), Mumbai, Maharashtra (7.0% less) and Bangalore, Karnataka (0.0% less).
Years of Experience
This data is based on 42 survey responses.
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