Actuary Salary Calculator
Estimate your potential actuarial compensation based on experience, exams passed, location, and industry sector. Free, accurate estimator.
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Average Actuary Salary Benchmarks
Typical base salary ranges for actuaries in the UK and US, based on professional credential milestones.
| Credential Level | UK Average (£) | US Average ($) | Typical Exams |
|---|---|---|---|
| Entry Level | £40,000 – £55,000 | $65,000 – $85,000 | 1 – 3 |
| Associate (ASA/ACAS) | £70,000 – £95,000 | $95,000 – $130,000 | 5 – 7 |
| Fellow (FSA/FCAS) | £100,000 – £150,000+ | $130,000 – $200,000+ | 10 (Fully Qualified) |
| Chief Actuary / VP | £150,000 – £250,000+ | $180,000 – $300,000+ | 10 + Management |
Actuarial Career FAQ
Everything you need to know about actuarial compensation, exams, and career progression.
Actuary salaries vary widely based on experience, location, and industry. Entry-level actuaries typically earn between £40,000 and £55,000 in the UK, while fully qualified Fellows (FSA/FCAS) can earn £100,000 to £150,000+. In the US, salaries are generally 20-40% higher.
Each passed actuarial exam typically results in a salary increase, often ranging from £2,000 to £4,000 per exam, along with one-time bonuses. Reaching Associate (ASA/ACAS) and Fellow (FSA/FCAS) status brings significant base salary jumps.
Consulting firms generally offer the highest base salaries and bonuses for actuaries, followed by healthcare and private insurance. Government and regulatory roles may offer slightly lower base pay but often include superior pension benefits and work-life balance.
On average, actuarial salaries in the US are higher than in the UK, often by 20% to 40% when adjusted for currency. However, major financial hubs like London offer highly competitive compensation packages that rival many US cities.