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 |
Actuary | £52,067 |
Student actuary | £36,241 |
Recent graduate | £33,130 |