The average salary for an Actuary is £50,922 per year. Most people with this job move on to other positions after 20 years in this field. Experience strongly influences income for this job. The skills that increase pay for this job the most are Financial Reporting, Risk Management / Risk Control, Financial Modeling, Pricing, and Insurance.
Actuary Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
£28,781 - £80,026
(Median)
29K
37K
51K
66K
80K
MEDIAN: £50,921
10%
25%
50%
75%
90%
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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
£0£31K£62K£93K
Salary
£28,781 - £80,026  
   
Bonus
£1,016 - £15,269  
Profit Sharing
£80.54 - £7,603  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
£29,437 - £91,288  
PayScale
Country: United Kingdom | Currency: GBP | Updated: 21 Apr 2014 | Individuals Reporting: 607
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Actuary Job Listings

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Pay by Experience Level for Actuary
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Glasgow
up arrow 10%
up arrow 5%
National Average
₤56,000
Edinburgh
up arrow 9%
Birmingham
up arrow 11%
Manchester
up arrow 17%
Larger circles over a city indicate a job is popular in that location.

Actuary Reviews

What is it like working as an Actuary?
Actuary in London:
"Corporate Life."
Pros: Interesting and challenging work. Variety of work. Good technical base.
Cons: Not much people interaction.
Related Job Salaries

Experience Affects Actuary Salaries

Late-Career
up arrow 69%
Experienced
up arrow 39%
National Average
₤56,000

Skills That Affect Actuary Salaries

Financial Reporting
up arrow 34%
Risk Management / Risk Control
up arrow 22%
Financial Modeling
up arrow 17%
Pricing
up arrow 15%
up arrow 13%
National Average
₤56,000
Oral / Verbal Communication
up arrow 10%
Pension Plan Administration
up arrow 27%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 58 votes.
Gender
Female
18%
female alumni
 
Male
82%
male alumni
Years of Experience
Less than 1 year
7%
1-4 years
40%
5-9 years
33%
10-19 years
14%
20 years or more
5%
Common Health Benefits
medical benefits Medical: 74% dental benefits Dental: 19%
vision benefits Vision: 22% employee benefits None: 19%
Find Out Exactly What You Should Be Paid
Job Title:
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Location:
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