Actuarial Openings & Remuneration In India

Actuarial Jobs in India are increasing and this is because of the growth of Indian Insurance sector in recent times, attracting attention of young Indian talent towards this field from around the globe. The sector has witnessed lot of growth and changes in last 3 - 4 years. Apart from Private insurance players, there are many MNC’s which are recruiting qualified Actuaries at large. Remuneration is not in Par with the international market. However, things are improving very fast.

Students having passed 4 papers and fresher --- 3 to 5 lakhs per annum
Associate having passed 4 papers and 2 years of exp --- 5 to 8 lakhs.
Associate having passed 7 papers and 2 years of exp --- 8 to 10 lakhs.
Associate and having 3 years of exp -- 15 to 20 lakhs
Fellow with more than 5 years of exp -- 30 lakhs onwards..

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