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 2433 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 (2020 SOC) use advanced mathematical and analytical methods to model risk, forecast economic trends and analyse complex datasets. They provide quantitative analysis that underpins decision-making in insurance, pensions, government policy, finance and research.

Key responsibilities

Developing and validating quantitative models
Analysing complex datasets and identifying patterns
Producing economic forecasts and risk assessments
Advising on pricing, reserving and capital management (actuaries)
Contributing to policy development and evaluation (economists)

Qualifications and entry routes

Actuaries: IFoA fellowship (FIA) through professional exams. Economists: typically masters or PhD in economics. Statisticians: degree in statistics/mathematics, with RSS accreditation available.