Actuaries compensation

Hello all,

I am hoping to be qualified by the end of the year with 3 years of work experience in the bag. However, the question that I have is that I am not entirely sure how much I should negotiate as a newly qualified actuary working in the life insurance sector.

Would appreciate any comments / thoughts!

 

It varies based on location (in London or not). You'd want somewhere between £60k and £75k though.

 

Thanks for the response! Would London potentially mean closer to the 70-75k mark?

 

Yes. Some roles in London won’t pay that much but it’s certainly possible to get newly qualified life roles in London paying £70k+.