Actuaries are among the highest paid professionals in the world. Countries like U.S.A and United Kingdom (UK) reward Actuaries handsomely. So -studying Actuarial Science in those countries is not a waste of time.
According to a survey conducted by XpertHR, the highest ranked Actuary, Chief actuary, senior partner, earns £222,936 while the lowest ranked Actuary, recent graduate, earns £33,130
Below are salaries earned by Actuaries at different levels.
|Responsibility level||Average basic salary (£)|
|Chief actuary, senior partner||£222,936|
|Senior function head, practice director||£140,814|
|Function head, practice head||£117,343|
|Department manager, managing consultant||£89,442|
|Section manager, senior consultant||£80,664|
|Section leader, consultant||£73,043|
|Senior actuary, junior consultant||£66,118|