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.
Typical route
Helpful A-levels
Physics + Maths (Further Maths useful)
Typical qualification and training
- Mathematics, Actuarial Science or Statistics degree
- Professional exams with an actuarial employer
These are common routes, not compulsory subject combinations. Entry requirements vary between universities, training schemes and employers, so always check the current provider requirements.
Indicative UK salary
- Starter
- £28,000-£36,000
- Experienced
- £50,000-£80,000
- Senior
- £100,000+
Qualification as a Fellow significantly increases earnings.
Salary range checked against Prospects.ac.uk: Actuary.
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
Explore related careers
Sources and further reading
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