Salary guide
Actuary
- Average salary
- £35,000 – £90,000
- Working hours
- 37.5 hours/week
FinanceInsurance
- UK actuaries are among the highest-paid professionals
Other names this job is known by
- Risk Analyst
- Insurance Actuary
- Pension Actuary
Key responsibilities
- Analyse financial risks using maths, statistics, and financial theory
- Design insurance policies and pension plans
- Advise companies on investment and risk
- Prepare reports and forecasts
- Liaise with clients and regulators
Skills and qualifications required
- Degree in maths, actuarial science, statistics, or related field
- Pass actuarial exams (Institute and Faculty of Actuaries - IFoA)
- Strong analytical and IT skills
- Membership of IFoA
Promotional job opportunities from this role
- Senior Actuary
- Risk Manager
- Partner
- Chief Actuary
How to get the job
- Study maths or actuarial science
- Pass IFoA exams
- Complete work-based skills modules
- Progress through actuarial roles
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