The role of an Actuary is both critical and highly sought after. With the growing importance of risk management and data-driven decision-making, skilled actuaries are in constant demand. Whether analyzing financial risks for leading firms in London, contributing to insurance model innovations in Manchester, or developing pension and investment strategies in Edinburgh, professionals in this field enjoy strong career prospects and the opportunity to make a significant impact by providing essential insights that shape business strategies and ensure financial stability.
Actuary salary
Base pay £54K – £89K/yr
£70K/yr average base pay
The estimated total pay for a Actuary is £78,416 per year, with an average salary of £69,728 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is £8,688 per year. Additional pay could include cash bonus, commission, tips, and profit sharing.
What do Actuary earn
How much does a Actuary make in United Kingdom?
£58,669/yr
Highest paying cities for Actuary near United Kingdom
- London
£65,100 per year477 salaries reported - Leeds
£63,328 per year13 salaries reported - Edinburgh
£53,278 per year20 salaries reported - Birmingham
£52,080 per year21 salaries reported - Manchester
£44,613 per year18 salaries reported - Bristol
£42,476 per year28 salaries reported - York
£35,882 per year7 salaries reported - Glasgow
£35,007 per year11 salaries reported - Croydon
£31,265 per year9 salaries reported
What’s on Quora?
How much can a top actuary make?
Answer Highlights
The answers suggest that top actuaries can earn substantial salaries, with figures varying widely based on factors such as experience, qualifications, and job position. Some responses indicate potential earnings in the range of $100,000 to $300,000 annually, while others suggest even higher figures for those who reach executive positions.
- “An average FSA will make between $150,000 and $300,000 depending on experience and skill.”
- “The median salary of a CEO of an insurance company in the United States is about 1.75 million dollars a year. That’s what you can make when you go to the top.”
- “A FULLY QUALIFIED actuary with 5 years experience or more can net at least around $120,000 per year. You’ll also never be unemployed in your life.”
- “I would advise that an individual Actuary working as employee can expect to earn $50 to $110 per hour depending on experience, training and type of market. ‘Top Actuary’ is sufficiently undefined so I would say $90 to $110.”
