The average salary for an Actuary with Insurance skills is £52,870 per year. Most people with this job move on to other positions after 20 years in this career. Experience strongly influences income for this job.

£29,087 - £82,472
£29K
£53K
£82K
MEDIAN: £52,870
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
£29,087 - £82,472  
   
Bonus
£970 - £15,474  
Profit Sharing
£2,450  
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).
)
£29,392 - £87,558  
Country: United Kingdom | Currency: GBP | Updated: 25 Mar 2017 | Individuals Reporting: 79

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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 $46,000 based on 43 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 $68,000 based on 35 salaries. An experienced Actuary which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $84,000 based on 14 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 $110,000 based on 9 salaries.

Pay Difference by Location

National Average: £58,638

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

Key Stats for Actuary

Gender

Female
17 %
Male
83 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 3 votes.
Less than 1 year
5%
1-4 years
34%
5-9 years
41%
10-19 years
15%
20 years or more
5%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Actuary Salaries

Late-Career
▲88%

Experienced
▲43%

Mid-Career
▲17%

National Average
₤59,000

Entry-Level
▼22%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 3 votes.

Gender

Female
17 %
Male
83 %

Years of Experience

Less than 1 year
5%
1-4 years
34%
5-9 years
41%
10-19 years
15%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 18%
vision benefits
Vision: 19%
no benefits
None: 25%