Actuarial Science Salary in Scotland
Scotland operates partially distinct labour markets, with Edinburgh and Glasgow commanding salaries that can rival or exceed many English regions. The financial services sector in Edinburgh, technology industry, oil and gas (Aberdeen) and public sector all provide strong employment.
Living costs in Edinburgh rival the South East, while Glasgow and other Scottish cities offer more affordable alternatives. Scottish income tax rates differ from the rest of the UK.
Salary Trajectory
| Stage | Years Exp | P25 | Median | P75 | P90 |
|---|---|---|---|---|---|
| Actuarial Analyst (Student) | 0+ | £29,400 | £34,650 | £39,900 | £44,100 |
| Part-Qualified Actuary | 3+ | £42,000 | £50,400 | £60,900 | £68,250 |
| Newly Qualified Actuary (FIA/FFA) | 6+ | £57,750 | £71,400 | £84,000 | £94,500 |
| Senior Actuary / Manager | 10+ | £78,750 | £96,600 | £115,500 | £131,250 |
| Chief Actuary / Partner | 16+ | £115,500 | £147,000 | £189,000 | £241,500 |
See the interactive salary trajectory
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How Scotland Compares
Mid-career Actuarial Science median salary by region
Compare with Other Careers in Scotland
Accounting & Audit
Insurance
Investment Banking
Architecture
Actuarial Science in Other Regions
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Based on ONS Annual Survey of Hours and Earnings (ASHE) via NOMIS. Regional salary adjustments derived from ONS regional pay differentials. Career progression timelines based on industry research. All figures are gross annual pay estimates for full-time workers.