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I am delighted to present the results of my brand new salary survey for UK Pensions Actuaries in 2022. You are likely to have seen my original survey which I published last September, based on data collected between July to September 2021. For consistency, I collected my 2022 data during the same three-month period. Little did I know that during this time, we would see out-of-cycle pay increases awarded in their hundreds, coupled with higher than usual annual pay reviews reflecting inflation and the rising costs of living. |
So it’s safe to say that quite a few of the participants will already be on a higher salary than when they took part, and I will ask you to please keep this in mind. However salaries are always a moving feast, and I want to present the data exactly as it came in, in order to give an accurate snapshot as possible of how people are being rewarded. This year I also asked some broader questions designed to give some insight into how people are feeling. Do Actuaries in the UK feel fairly paid for the job they do? How many hours per week are consultants really working? Should salaries still be closely linked to where you choose to live? Goodman Masson’s 2022 Pensions Salary Survey Results can be downloaded here. I hope you find this useful, and as always, I welcome any feedback or suggestions for next time.
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| Pricing Actuary | ||
| London - £120,000 Per Annum | ||
| Pricing Transformation Lead | ||
| London - £85,000 Per Annum | ||
| Head of Capital | ||
| London - Negotiable | ||
| Portfolio Actuary | ||
| London - £140,000 Per Annum | ||
| Deputy Head of Capital | ||
| London - £140,000 Per Annum | ||
| Senior Pricing & Portfolio Management... | ||
| London - £150,000 Per Annum | ||
| Pricing Transformation Lead | ||
| London - £85,000 Per Annum | ||
| Lead Capital Actuary | ||
| London - £150,000 Per Annum | ||
| Take the lead on capital oversight | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| Be at the forefront of creative GI co... | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Remote Market and Credit Risk Calibra... | ||
| Remote - Negotiable | ||
| Contact us about a Capital Contract i... | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| Head of Insurance Risk | ||
| London - £160,000 Per Annum | ||
| Director - Pensions Risk Transfer (PRT) | ||
| London, Midlands, North West - hybrid working 2dpw in the office - Negotiable | ||
| Dip a toe into public sector work wit... | ||
| Flex / hybrid 2 days p/w office-based - Negotiable | ||
| P&C Consultant | ||
| London / hybrid 3dpw office-based - Negotiable | ||
| Take the lead client-facing projects ... | ||
| Various locations - Negotiable | ||
| Choose Life! Choose a major global co... | ||
| Various locations - Negotiable | ||
| Actuarial skillset? Apply now for Snr... | ||
| South East / hybrid with travel requirements - Negotiable | ||
| Financial Risk Leader - ALM Oversight | ||
| Flex / hybrid - Negotiable | ||
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By James Turner at Goodman Masson