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Gross salary in India is
6,000
8,000
10,000
12,000
14,000
 
10% earn less 4,657 INR
10% earns more 16,243 INR
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Description of job position

  • Monitoring the insurance market, developing new products and proposing changes of existing products.
  • Formulating insurance contracts, insurance conditions and special arrangements.
  • Determining premium tariffs, the amount of technical provisions in life insurance and supplementary insurance.
  • Preparing and updating technical business plans and manuals.
  • Preparing documents for the implementation of changes related to product innovation in the information system.
  • Creating and updating computer programs for distribution networks, pricing, taxation and technical changes in life insurance.
  • Testing the profitability of products.
  • Preparing personalised insurance offers.
  • Preparing documents for the assessment of non-standard changes in life insurance.
  • Performing and ensuring activities related to financial funds in investment life insurance.
  • Preparing documentation and participating in conducting methodological trainings for distribution networks.
  • Preparing documentation for accounting, the National Bank of Slovakia, auditors, shareholders and other entities, preparing periodic reports for the reinsurer.
  • Providing expert consultation on life insurance products to other units of the company.

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The most common career path of an employee

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Most usually (>15%)
Uncommon (5-15%)
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Position Actuary - Insurance in the labour market

In the salary ranking,
the job position takes

Women representation in position

Average age of respondent by position

789. place

Nursery School Teacher Assistant

Education, Science & Research

Salary group 1

3,900 - 4,345 INR

137. place

C# Programmer

Information Technology

Salary group 2

4,322 - 16,709 INR

136. place

Actuary

Insurance

Salary group 2

4,657 - 16,243 INR

135. place

Restaurant manager

Management

Salary group 2

3,900 - 21,110 INR

1. place

Software Engineer

Information Technology

Salary group 3

21,617 - 232,179 INR

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  • Salary on position by region*, education, practice, business size
  • Total salary and its components* (variable component, commissions, rewards)
  • Responder distribution to payroll
  • Salary ranges expressed by 1st decile, 1st quartile, median, 3rd quartile, 9th decile, and average wage.
  • Detailed breakdown of all monitored non-financial benefits provided*
  • Financial benefit analysis*
  • * available when regression model is used