Actuary, Economist or Statistician

Jobholders in this unit group apply theoretical principles and practical techniques to assess risk and formulate probabilistic outcomes in order to inform economic and business policy, and to analyse and interpret data used to assist in the formulation of financial, business and economic policies in order to maximise growth or improve business performance.

Tasks

Typical Education Level

Will retirement created job openings

In the UK, 0% in this profession are aged 55 or above.* This is not likely to lead to a great demand for new workers due to retirement

*This is based on national data

£41,981 Average wage

Average annual earnings

The current average wage for actuary, economist or statistician is £41,981

1,063 positions

Current Employment

The number of jobs in the career for the current year is 1,063. Job counts include both employed and self-employed persons, and do not distinguish between full- and part-time jobs.

jobs

Job Postings

Over the past year, jobs have been posted for actuary, economist or statistician roles.

How well does it pay?

Normal pay for this occupation is £41,981 per year. That is about £3,498 per month or £21.53 per hour. New workers generally start on £0, while highly experienced workers can earn as much as £0

Is it growing or declining?

This career has remained the same over the last 2 years, and is expected to remain the same over the next 4 years. Currently, 1,063 people are employed in the region.

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