SOC 4132 Administrative occupations

Pensions and insurance clerks and assistants Salary

Median salary £29,329 per year (2025). Based on ONS ASHE data.

Gross pay, before deductions. See take-home pay on £29,000 after tax and National Insurance →

For pensions and insurance clerks and assistants, £30,269 is the typical (median) pay. That is below the UK full-time median of £39,039 — -22% versus the national average. Experienced pensions and insurance clerks and assistants (top 25%) earn over £34,061.

About this role

Pensions and insurance clerks process pension scheme administration, insurance applications, claims and renewals. They calculate benefits, maintain member and policyholder records and ensure compliance with regulatory requirements.

Key responsibilities

Processing pension scheme member records and benefit calculations
Administering insurance policies, renewals and claims
Calculating retirement benefits, transfers and death benefits
Handling member and policyholder enquiries
Ensuring compliance with TPR (The Pensions Regulator) and FCA requirements

Qualifications and entry routes

PMI (Pensions Management Institute) qualifications for pensions roles. CII (Chartered Insurance Institute) qualifications for insurance roles. Many enter through trainee positions with on-the-job training.

Career outlook

Pensions auto-enrolment and pension freedoms have increased administrative complexity. Qualified pensions administrators are valued across the industry.

Key skills

Pension legislation Benefits calculation Insurance processes Accuracy Regulatory compliance

Common industries

Pension scheme administrators
Insurance companies
Employee benefit consultancies
Third-party administrators
Public sector pensions

Data coverage

SOC code 4132

Data source ONS ASHE

Years available 2015–2025

Estimated jobs 35,000

Median Salary

£29,329

Mean Salary

£32,562

Jobs (000s)

35k

Data Years

11 years

Salary Range (2025)

P25: £24,383Median: £29,329P75: £34,061

P10: £20kP25: £24kMedian: £29kP75: £34kP90: --

Estimated Career Progression

Based on salary percentile distribution for this occupation

Entry Level

£20,229

0-2 years

Mid Level

£24,383

3-7 years

Senior

£34,061

8-15 years

Potential career growth: +68% from entry to leadership

Salary Trend (2015-2025)

Adjust for inflation

Nominal growth: +43.8%Real growth: +4.2%

Gender Pay Comparison (2025)

Gender pay gap: 15.0%

Full-time vs All Employees (2025)

All Employees

£29,329

Full-time Only

£30,269

Full-time premium: +£940

Pensions and insurance clerks and assistants salary: common questions

How much do pensions and insurance clerks and assistants earn in the UK?

Pensions and insurance clerks and assistants earn a median of £30,269 a year (ONS ASHE 2025). The middle half earn between £24,383 and £34,061.

Is £30,269 a good salary in the UK?

What is the starting salary for pensions and insurance clerks and assistants?

Entry-level pensions and insurance clerks and assistants typically start near the lower end of the range. The bottom 25% earn up to £24,383, and the lowest-paid 10% earn under £20,229.

Have pensions and insurance clerks and assistants salaries kept up with inflation?

Since 2015, median pensions and insurance clerks and assistants pay has risen from £21,097 to £30,269 — +43% in cash terms, or +4.0% after CPIH inflation. That is ahead of inflation over the period.

Is there a gender pay gap for pensions and insurance clerks and assistants?

Male pensions and insurance clerks and assistants earn a median £31,568 and female pensions and insurance clerks and assistants £26,819 — a gap of +15% in 2025.

Figures: ONS Annual Survey of Hours and Earnings, gross annual pay. UK full-time median £39,039 (2025).