The average salary for an Actuarial Analyst in United Kingdom is £31,867.
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£24k - £44k
£729 - £5k
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£24k - £47k
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Job Description for Actuarial Analyst
An actuary analyst uses data to measure risk for a company or organization, such as insurance company or a financial services business. Common functions performed by an actuary analyst include coordinating, preparing, and performing actuarial analyses, which are required by companies when developing new products, projecting future results, repricing existing products, and/or determine financial strength. An actuary analyst is usually expected to work under minimal supervision and must be able to…Read more
Actuarial Analyst Tasks
- Analyze risk evaluation data, using appropriate models and statistical methods, and creating relevant charts and graphs.
- Review accuracy of data and calculations.
- Report and interpret results of data analysis.
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Popular Skills for Actuarial Analyst
Skills in Microsoft Excel, Data Analysis and VBA are correlated to pay that is above average. Skills that pay less than market rate include SAS and Statistical Analysis.
Pay by Experience Level for Actuarial Analyst
An entry-level Actuarial Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of £28,362 based on 23 salaries. An early career Actuarial Analyst with 1-4 years of experience earns an average total compensation of £32,163 based on 130 salaries. A mid-career Actuarial Analyst with 5-9 years of experience earns an average total compensation of £37,046 based on 14 salaries. An experienced Actuarial Analyst with 10-19 years of experience earns an average total compensation of £37,075 based on 6 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Actuarial Analyst in their job title in London, England: London earn an average of 9.6% more than the national average. The lowest salaries can be found in Edinburgh, Scotland: Edinburgh (18.3% less), Manchester, England: Manchester (17.0% less) and Cheltenham, England: Gloucestershire (4.9% less).
Years of Experience
This data is based on 173 survey responses.
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