This question has been frequently asked by many aspirants. Being an actuary can get you even a package of 50 lacs per annum but it largely depends upon how much time you've spent in the industry. A fresher or entry-level actuary earns 35% less than the industry average. On the other hand, mid-level actuaries and late-career actuaries earn up to 38% and 192% more than the industry average. This means that if you are a newbie, you can get a package of 6.6 lacs per annum. And if you are an actuary with less than 4 years of experience, you can get 8.26 lacs per annum and 30 lacs per annum with an experience of at least 10 years.