Actuarial Analyst Salary in India in 2025

However, the alarming fact is that India currently only has around 460 actuaries to serve a population of more than 1.3 million. This indicates a significant gap in the supply-demand ratio. Bureau of Labor Statistics has projected that the field of actuarial science will produce 30,000 job opportunities by 2028. On the other hand, postgraduate courses in actuarial science generally have fees falling between INR 20,000 and INR 1,50,000.

But how much do actuaries really earn in 2025 — both in India and around the world? Yes, actuarial science is a promising career in India, offering high salaries, job security, and opportunities for growth in a variety of industries. The role of actuaries is evolving rapidly in India, with industries expanding and new challenges emerging. As we look toward 2025, the demand for skilled actuaries is set to rise across various domains. With a competitive actuary salary and growing opportunities, actuarial science is poised to remain a sought-after profession.

• Nevertheless, as actuaries gain experience and specialise in particular domains, this figure can experience substantial increases.
• Actuaries are essential across industries, leveraging their analytical expertise to manage risks and drive strategic financial decisions.
• Tech ECE – Check here the career and job opportunities that you…
• Explore high-paying, job-oriented diploma courses for girls after 10th.

Top 6 High-Paying Jobs In Mechanical Engineering

The following article will give you insights into some of the best high salary governme… Learn all about Investment banker salary in India for beginners and experienced. Check out the average salary of software engineer in India. Find out types of Marketing Jobs and their average salary in India for fresher and expe… Career after ITI – Check out career options after engineering and non engineering ITI c…

Process Engineer Job Description & Roles and Respons…

Explore high-paying, job-oriented diploma courses for girls after 10th. Discover the highest-paying data science jobs in India, from Data Scientists to NLP Eng… Master key financial analyst skills to boost your career, land high-paying roles, and m…

Highest Salary Jobs In India Per Month in 2025

Explore Health Inspector qualification, courses, and skills needed to start a rewarding… Explore food inspector qualification, eligibility, exams & career path in India. Explore high-salary government jobs for women after 12th in 2025, including SSC, railwa…

HR Salary in India (Fresher & Experienced) – How to …

Explore Food Inspector salary in India by experience, sector, and location. Career Options After 12th Science- This article speaks about different career options a… This article will give students an insight into the best career options for a future in…

As per me, to be successful, actuaries need to be more business savvy, be commercially sound have good communication skills. There are several colleges in India that teach Actuarial science. In Insurance, or Bachelor of Science in Actuarial science. A student of Actuarial Science can opt for an internship and expect a stipend of INR 40,000 per month.

To prepare for data-heavy financial roles, consider exploring Data Analysis Courses, an essential skill for actuarial tasks. Lets have a quick look at the average actuary salary in India across major cities. Geography plays a significant role in determining the actuary salary in India. Major metropolitan cities, with their strong industry presence and economic growth, offer varying compensation packages to actuaries based on demand and specialization. The Actuary depending on one’s experience, the salary package can vary from INR 8 LPA to INR 40 LPA. The CA depending on one’s experience and the organisation, the salary package can vary from INR 6 LPA to INR 25 LPA.

• Applicants with prior technical training in areas like pricing management, data analysis, etc. should expect to make more money than those with more general abilities.
• Skills have a huge impact in determining the salary of an Actuary.
• Discover essential skills for data engineers, including SQL, ETL, programming, and clou…
• Some of the hard skills required to become an actuary are knowledge of maths, calculus, statistics, probability, finance, accounting, economics, and computer skills.

Investigates fraud, insurance claims, and financial disputes using statistical analysis Determines premiums and pricing strategies for insurance and financial products Works on financial planning, capital management, and business strategy Specializes in pricing and risk assessment for reinsurance contracts To succeed, actuaries need both technical and business skills.

The salary for an Actuary in India is around 15 to 20 lakhs per annum but it depends on the individuals skills, expertise and knowledge. If one has started and has cleared 3 salary of actuary in india to 4 papers, then a person who has studied Actuarial Science in India can expect to get 3 to 5 lakhs per annum. Actuarial Science Course – Well, to tell you the truth, I am not very sure how many students would be aware of the course but having said that, in no way are we undermining the course. It is one of the most sought after courses; in terms of preparation and in the later stages – rewarding too. Since the course is mathematical and statistical based so is mostly opted by commerce students. Although the course was introduced in India in 2002, there are not many takers amongst colleges which teach Actuarial science.

Enter your details to access the article

Individuals in the actuary career path do not require travelling on a regular basis. Actuaries working with consulting firms may occasionally require to travel to meet clients. We have mentioned here, the types of an Actuary or Actuary career options. The role of an Actuary is designing, testing and administering insurance policies, investments, and other business strategies. He or she is involved in developing strategies to minimise risks and maximise profits.

Discover the top high-paying jobs in mechanical engineering, from robotics to aerospace… Discover the highest-paying jobs in architecture in India. Discover the key differences between a chef and a cook, including roles, skills, salary… Explore the highest paying jobs in biotechnology in India, including roles like biotech…

The average salary for a Chief Actuary is ₹5,000,000 in 2025 The salary package of an Actuary depends upon the performance and the years of experience. The starting salary of an Actuary is around INR 4.41 LPA. An Actuary with an experience of 5 years or above earns around INR 8.50 LPA. What are the certificate courses required to be an Actuary? Experience plays a determinant factor in calculating the salary of an Actuary.

Compare blogging and vlogging, their key differences, required skills, and career oppor… Explore the top 5 career options after civil engineering in 2025, including salary, ski… Discover the highest paying agriculture jobs in India, and learn about salaries, roles,… Know the Drug Inspector qualification, age limit, exams, and skills required to start a… Explore top career options in science without maths after 12th. Discover India’s high-growth AI careers, salary trends, and top skills in demand.