Actuary Salary in London
Official ONS earnings for London, covering 19,000 jobs.
Median salary — London
£66,364
gross, per year, all employees
▲ 3.3% change on the previous year
Mean
£76,954
Jobs measured
19,000
What a typical actuary takes home
On the median of £66,364, 2026/27 tax year, England, Wales and Northern Ireland rates, no pension or student loan.
Take-home a month
£4,087
Take-home a year
£49,049
Income Tax
£13,978
National Insurance
£3,338
What most actuarys actually earn
Half of actuarys in London earn between £43,221 and £75,786. Earning above £75,786 puts you in the top quarter of the profession.
ONS suppresses the detailed spread for this occupation at regional level, so this range describes the wider “Business, Research and Administrative Professionals” group in London.
The full pay range
Each bar is the salary at that percentile — the 25th means a quarter of actuarys earn less than this.
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 publishes a sampling error of 10.9% for this figure and asks that anything above 10% is treated as imprecise — too few people in this region answered the survey for this occupation. The figure is shown because it is the one ONS published, but it is not firm enough to rank London against anywhere else, so this page doesn't.
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 London?
The median is £66,364 a year and the mean is £76,954, according to the ONS Annual Survey of Hours and Earnings. Those cover all employees; ASHE publishes no full-time split at regional level.
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, so there is no separate rate for London.
What is a good Actuary salary?
Half of actuarys earn between £43,221 and £75,786. Anything above £75,786 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 £34,914 and the lowest quarter under £43,221 — the range a new entrant is most likely to be offered.
Do actuarys in London earn more than the UK average?
The median in London is £66,364 against £51,520 across the UK, 28.8% higher. ONS marks the London figure as imprecise, so treat the gap as indicative.
Has actuary pay gone up in the last year?
ASHE puts the year-on-year change in the median at +3.3% for this occupation in London. That compares the latest survey with the one before it and is not adjusted for inflation.
How many actuarys are there in London?
ASHE counts around 19,000 employee jobs in “Actuaries, economists and statisticians” (SOC 2433) in London. 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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