Actuary Salary
Official ONS earnings for the UK, covering 43,000 jobs.
Median salary
£51,520
gross, per year, all employees
▼ 3.5% change on the previous year
Full-time only
£53,342
Mean
£62,883
Jobs measured
43,000
What a typical actuary takes home
On the median of £51,520, 2026/27 tax year, England, Wales and Northern Ireland rates, no pension or student loan.
Take-home a month
£3,370
Take-home a year
£40,439
Income Tax
£8,040
National Insurance
£3,041
What most actuarys actually earn
Half of actuarys earn between £41,471 and £73,468. Earning above £73,468 puts you in the top quarter of the profession.
The full pay range
Each bar is the salary at that percentile — the 25th means a quarter of actuarys earn less than this.
Actuary salary by region
4 of 11 GB regions have a published figure for this occupation.
| Region | Median | Mean |
|---|---|---|
| London | £66,364 | £76,954 |
| North West | £46,155 | £48,886 |
| Wales | £41,924 | £49,906 |
| Yorkshire and The Humber | £34,867 | £35,728 |
Where this figure comes from
- ONS occupation group
- Actuaries, economists and statisticians
- SOC 2020 code
- 2433
- Measure
- Gross annual pay, all employees
- Edition
- ONS Annual Survey of Hours and Earnings, 2025 provisional
ONS doesn't measure “actuary” as its own category. These figures are for the wider group “Actuaries, economists and statisticians”, which includes this role alongside others. ONS group combines actuaries, economists and statisticians.
Source: Office for National Statistics, Annual Survey of Hours and Earnings. Contains public sector information licensed under the Open Government Licence v3.0. Figures are estimates from a survey of PAYE jobs and are not financial advice.
Actuary salary FAQs
What is the average Actuary salary in the UK?
The median is £51,520 a year and the mean is £62,883, according to the ONS Annual Survey of Hours and Earnings. Those cover all employees; full-time employees alone have a median of £53,342.
How much does a actuary earn per hour?
Across the UK the median hourly rate is £27.97 excluding overtime. ASHE publishes hourly pay by occupation nationally only.
What is a good Actuary salary?
Half of actuarys earn between £41,471 and £73,468. Anything above £73,468 is in the top quarter for the role.
What is the starting salary for a actuary?
ASHE does not record experience, so there is no official starting salary. What it does show is that the lowest-paid 10% of actuarys earn under £32,604 and the lowest quarter under £41,471 — the range a new entrant is most likely to be offered.
Has actuary pay gone up in the last year?
ASHE puts the year-on-year change in the median at -3.5% for this occupation in the UK. That compares the latest survey with the one before it and is not adjusted for inflation.
How many actuarys are there in the UK?
ASHE counts around 43,000 employee jobs in “Actuaries, economists and statisticians” (SOC 2433) in the UK. Self-employed work is not included.
Is this figure official?
Yes. It comes from the ONS Annual Survey of Hours and Earnings, an accredited official statistic based on employer PAYE records.
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