How much does a Actuaries, economists and statisticians earn in the UK?

A Actuaries, economists and statisticians earns a median salary of £51,520 per year in the UK (2025 ONS ASHE data). The middle 50% earn between £41,471 and £73,468 per year.

What is the average salary for a Actuaries, economists and statisticians?

The median annual salary for a Actuaries, economists and statisticians in the UK is £51,520 according to the Office for National Statistics Annual Survey of Hours and Earnings (ONS ASHE 2025).

SOC 2425 Business, media and public service professionals

Actuaries, economists and statisticians Salary

Median salary £51,520 per year (2025). Based on ONS ASHE data.

About this role

Actuaries, economists and statisticians apply mathematical, statistical and economic theory to analyse data, model risks, forecast trends and inform decision-making. Actuaries assess financial risk for insurance and pensions. Economists analyse markets and policy. Statisticians design and interpret quantitative studies.

Key responsibilities

Building mathematical and statistical models
Analysing financial risks, economic trends or data patterns
Producing forecasts, projections and scenario analyses
Communicating technical findings to non-technical stakeholders
Ensuring methodological rigour and data quality

Qualifications and entry routes

Actuaries require IFoA (Institute and Faculty of Actuaries) qualification — typically 3-6 years of exams alongside work. Economists typically hold masters or doctoral degrees. Statisticians require degrees in statistics or mathematics, with RSS (Royal Statistical Society) chartership available.

Career outlook

Actuaries command excellent remuneration. Data science is expanding career options for statisticians. Economists are in demand in government, central banking and consulting.