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Actuary

Actuaries work with numbers to help organisations understand and plan for future risks. They work out the chances of things happening - like whether a car will be in an accident or when someone might claim on their insurance - and use those numbers to help companies make smart decisions about money.

Actuary

38

Mathematical Sciences

AI IMPACT
AI USED FOR38%moving to80%
THE DOOR, NOWB
THE DOOR, 20 YRSD
STARTING PAY£28,000 - £35,000
REGULATORY MOATThe law requires human oversight. That human could be you.

THE DOOR: A easy to E extremely hard, now and in 20 years

This job holds up well against AI
AI is used for a modest share of what this job actually involves today, and the law requires human oversight. That human could be you. That is about as safe as careers get right now, though it is still worth learning to use the tools well.

Career progression path

Is this the only route?

This is the standard academic trajectory, but modern careers are highly flexible. You can often skip stagesby entering the industry with an advanced qualification (like a Master's or PhD), or pivot sideways from a related discipline.

0ACADEMIC FOUNDATIONUniversity DegreeUsually 3 to 4 years of full-time academic study, explicitly preparing you for the theoretical realities of the industry. Requires A-Levels, BTECs, or equivalent Level 3.-£67,350Avg. UK tuition & living
1FIRST STEPJunior ActuaryIn this entry-level role, you will assist senior actuaries in data analysis and model development, gaining practical experience while working towards your professional qualifications.£28,000 - £35,000
2GAINING EXPERIENCEMid-level ActuaryAs a mid-level actuary, you will take on more complex projects, lead analyses, and begin to specialise in areas such as pensions or insurance.£45,000 - £60,000
3PEAK CAREERSenior Actuary/Head of Actuarial FunctionIn this peak career role, you will oversee actuarial teams, drive strategic initiatives, and play a key role in shaping the organisation's risk management policies.£70,000+

The degree route

Real courses in this career's subject, from the live library of 35,000; every one is AI impact assessed through its actual graduate destinations.

🎓Data ScienceUniversity College London · the card page · will AI take its jobs?£41,500 median
🎓StatisticsUniversity College London · the card page · will AI take its jobs?£41,500 median
🎓Mathematics and Computer Science with an Industrial YearBirmingham Community Healthcare Nhs Foundation Trust · the card page · will AI take its jobs?£40,000 median
🎓Mathematics with Data Science and Artificial IntelligenceThe University of Leicester · the card page · will AI take its jobs?£35,500 median
🎓Financial MathematicsThe University of Surrey · the card page · will AI take its jobs?£33,000 median
🎓Mathematics (4 years)University of Southampton · the card page · will AI take its jobs?£33,000 median

All Mathematical Sciences courses as cards →

Recommended UK degrees

Real courses that qualify you for this career, from the same register that priced the degree above.