Actuary Salary in the UK

£51,500
per year
per month
£3,200
per month
per year
Bonus
£7,300/year
Bonus
£450/month

Actuary - Average Salary

The average salary for an Actuary is £51,500 gross per year (£3,200 net per month), which is £21,900 (+74%) higher than the UK's national average salary.
An Actuary can expect an average starting salary of £34,000. The highest salaries can exceed £140,000.
£34,000
Low
£51,500
Average salary
£140,000
High
£2,220
Low
£3,200
Average salary
£7,060
High
Total compensation includes salary and bonus.
£1,940
£86,200
£174,300
Base Salary£34,000 - 140,000
Bonus£1,940 - 34,300
Total Compensation£35,940 - 174,300
£120
£4,540
£9,190
Base Salary£2,220 - 7,060
Bonus£120 - 2,130
Total Compensation£2,340 - 9,190

Actuary Salary Range

Trainee
£23,100
Low
£34,000
Average salary
£51,500
Senior
£84,400
High
£140,000
Trainee
£1,600
Low
£2,220
Average salary
£3,200
Senior
£4,790
High
£7,060
Among Actuaries, Trainee Actuaries or Newly Qualified Actuaries tend to have the lowest salaries, while more experienced workers like Senior Actuaries or Chief Actuaries enjoy the highest salaries.

Actuary - Salary Differences

JobSalaryDifference
Chief Actuary£102K/year
+98% 
Senior Actuary£85K/year
+64% 
Pension Actuary£56K/year
+9% 
Insurance Actuary£54K/year
+4% 
Associate Actuary£45K/year
 -13%
PWC Actuary£38K/year
 -27%
Newly Qualified Actuary£37K/year
 -28%
Trainee Actuary£23K/year
 -55%

Actuary - Pay by Experience Level

An Entry Level Actuary with less than three years of experience can expect to earn an average total compensation of £37,600 gross per year. A mid career Actuary with 4-9 years of experience earns an average total compensation of £45,300, while a Senior Actuary with 10-20 years of experience makes on average £84,400. Actuaries with more than 20 years of experience earn £98,700 on average.

How Work Experience Affects the Salary of an Actuary

Late Career▲ +92%
Senior▲ +64%
Average Salary£51,500/year
Mid Career▼ -12%
Entry Level▼ -27%

Gender Breakdown

Female
26%
Male
74%

Actuary - Jobs by Location

Actuary - Related Salaries

The salary information presented on this page is based on all Actuary jobs published on Jobted in the last 12 months.
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