The average salary for an Actuary is £51,964 per year. Most people with this job move on to other positions after 20 years in this field. Experience has a moderate effect on income for this job. The skills that increase pay for this job the most are Financial Reporting, Risk Management / Risk Control, and Pricing.

£29,623 - £80,951
£30K
£52K
£81K
MEDIAN: £51,964
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
£0£30K£60K£90K
Salary
£29,623 - £80,951  
   
Bonus
£1,000 - £18,000  
Profit Sharing
£0.00 - £15,000  
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).
)
£30,160 - £88,778  
Country: United Kingdom | Currency: GBP | Updated: 25 Mar 2017 | Individuals Reporting: 238

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Popular Skills for Actuary

Pay by Experience Level for Actuary

Pay by Experience for an Actuary has a positive trend. An entry-level Actuary with less than 5 years of experience can expect to earn an average total compensation of $40,000 based on 121 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Actuary with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $66,000 based on 105 salaries. An experienced Actuary which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $75,000 based on 53 salaries. An Actuary with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $85,000 based on 9 salaries.

Pay Difference by Location

National Average: £55,824

Larger city markers indicate a job is popular in that location.

Actuary Reviews

Q: 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

Key Stats for Actuary

Gender

Female
23 %
Male
77 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
Less than 1 year
5%
1-4 years
34%
5-9 years
36%
10-19 years
21%
20 years or more
4%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Actuary Salaries

▲52%

▲34%

▲17%

National Average
₤56,000

▼28%

Skills That Affect Actuary Salaries

Financial Reporting
▲23%


▲12%

▲5%


National Average
₤56,000

pensions
▼9%

Financial Analysis
▼10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

Less than 1 year
5%
1-4 years
34%
5-9 years
36%
10-19 years
21%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 19%
vision benefits
Vision: 21%
no benefits
None: 22%
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