Rs 738,086
Avg. Salary
Avg. Hourly Rate

Average additional compensation:

Rs 79,992

Bonus

Rs 49,132

Profit Sharing

What am I worth?
How should I pay?

The average pay for an Actuary is {{pay}} per hour.

The average pay for an Actuary is Rs 738,086 per year.

10%
Rs 0.00
10%
Rs 0.00
50%
Rs 0.00
90%
90%
MEDIAN Rs 0.00
10%
Rs 293k
10%
Rs 738k
50%
Rs 2m
90%
90%
MEDIAN Rs 738,086
Rs 293,261 - Rs 2,404,508
Rs 290K
Rs 740K
Rs 2M
MEDIAN: Rs 738,086
10%
50%
90%
Rs 0Rs 2M
Salary Rs 293,261 - Rs 2,404,508
Bonus Rs 5,182 - Rs 385,414
Profit Sharing Rs 9,635 - Rs 201,797
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
Rs 295,462 - Rs 2,456,796
  • Country: India
  • Currency: INR
  • Updated: 19 Mar 2019
  • Individuals Reporting: 127

Job Description for Actuary

Actuaries play a key role in insurance companies by serving as analysts who help determine whether the company should issue an insurance policy and what the premium for that policy should be. They use a great deal of statistical analysis in their work, as they examine huge amounts of data related to costing and trends. Insurance companies must always maintain their financial health, and the role of the actuary is to manage risk in the delicate balance between issuing policies (and the costs paid for them) and the exposure to financial risk for the company.

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Actuary Tasks
  • Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.
  • May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.

Actuary Job Listings

Key Stats for Actuary

Gender

Female
21 %
Male
79 %
Less than 1 year
37%
1-4 years
49%
5-9 years
14%

Gender

Female
21 %
Male
79 %

Common Health Benefits

medical benefits
Medical: 68%
dental benefits
Dental: 5%
vision benefits
Vision: 3%
no benefits
None: 30%