Back to all careers
Finance & Business Degree

Actuary

Use probability and statistics to measure financial risk for pensions, insurance and investments.

A day in the life

Analyse mortality and market data, build risk models, report to regulators, and advise on pricing policies.

Entry routes

  • A-level Physics + Maths (Further Maths useful)
  • Mathematics, Actuarial Science or Statistics degree
  • Professional exams with an actuarial employer

Typical salary

£28,000-£36,000 to £100,000+

Mid-career: £50,000-£80,000

Qualification as a Fellow significantly increases earnings.

UK employers

  • Aviva
  • Legal & General
  • PwC
  • Deloitte

Worldwide employers

  • Milliman
  • Oliver Wyman
  • Swiss Re
  • Munich Re

Useful route links

These links are good starting points for courses, apprenticeships, graduate routes and professional training. They open the official or specialist sites rather than another summary page.

Key skills

Sources and further reading

External links open in a new tab.

Back to all careers Take the careers quiz