Salary of Actuaries in

I want to get the job of Actuaries so I want to get the salary of this job so can you provide me that

As you want to get the salary details of an actuary so here is the information if the same for you:

Salary Details:
Responsibility level Average basic salary (£)
Chief actuary, senior partner
£221,250+
Senior function head, practice director
£134,343
Function head, practice head
£110,747
Department manager, managing consultant
£87,557
Section manager, senior consultant
£81,239
Section leader, consultant
£67,298
Senior actuary, junior consultant
£59,836
Actuary
£46,515
Student actuary
£32,842

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I want to know about the scope and the salary of the Actuaries in India so can you please give me some information about this?

Actuarial Science offers good job openings with a salary package that can exceed expectations.

Stipend for an actuarial trainee per month in India is around Rs 25,000 per month.

Insurance companies and consulting firms give merit to experience with salary ranging from 8 lacs per annum for beginners to around 40 lacs per annum for those in senior positions.

Scope in Various Sectors
• Health Insurance
• Vehicle Insurance
• Life Insurance
• Employee Retirement and Benefit Plans
• General Insurances
• Investment and Financial Services

Sectors that require suitable actuaries are listed below.
• Asset Liability management in many sectors
• Pension Funds
• Banks
• Project Management
• Hospitals
• Health care sectors
• Education sectors
• BPO
• Investment firms
• Risk Management
• Rating Agencies

Job Profiles
• Risk analysts
• Administrating officer
• BPO administrator
• Actuary Director
• Finance consultants in various Insurance sectors
• General Officer
• Financial Service Executive
• Appointed Actuary
• Actuarial Analyst
• Health care directors/managers/analysts
• Accounts manager
• Pension Providing administrator other than in Insurance companies
• Senior Actuarial Analyst
• Asset Liability manager
• Financial/Insurance Consultants in IT sector
• Insurance risk managers
• Assistant Administrative Officer

Scope in Government Insurance Companies
The following insurance companies in public sector gives placements for actuaries.
• New India Assurance Company
• Life Insurance Corporation of India
• Oriental Insurance Company Limited
• National Insurance Company Limited
• United India Insurance Company

Scope in Private Firms
Few organizations in private sector provide career opportunities for actuaries are
Birla Sun Life Insurance Co. Ltd.
• Non Governmental IT Organizations
• Max New York Life Insurance
• Non governmental education institutes
• SBI Life Insurance Co. Ltd.
• ING Vysya Life Insurance
• Allianz Bajaj Life Insurance Co.
• Metlife India Insurance Co. Ltd.

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Answered By StudyChaCha Member