Average Actuary salary in the UK

Who we are At Grant Thornton we’re building something bold. We’re doing things differently - looking to the future, driving ambitious growth and pioneering positive change in our industry. Providing audit, tax and advisory services, we empower clients through strategic insight, curiosity, and genuine partnership. And we empower our people with real opportunity. Our journey from great to exceptional is well underway. With significant investment behind us and a clear strategy for growth, there’s real momentum.Our Agile Talent Community (ATC) brings together experienced contract professionals who want choice without losing connection. You work where you add the most value, alongside teams who treat you as a partner rather than a placeholder. Joining us in ActuarialWe help our clients manage financial risk, comply with regulations, and make informed business decisions. The world around us is changing and our teams help clients remain agile and adapt to these changes and stay ahead of the competition.Grant Thornton’s Actuarial and Insurance Consulting team provides a wide range of services tailored to insurers, pension schemes, lending institutions, and corporates. Our work spans both business as usual support and strategic, event driven consulting, with a strong focus on regulatory compliance, risk management, and financial transformation.If you’re an experienced interim Actuarial (General Insurance) Manager who’s tired of choosing between freedom and meaningful work, there’s another route. Within our Tax team, you’ll be given the opportunity to take on short- to medium-term projects that sharpen your expertise, stretch your thinking, and give you a different angle on familiar challenges - all without locking you into a single path.We are offering the ability to engage with us via inside IR35 terms.Skills we are looking forProvide Actuarial advice and services to a variety of clients in the General Insurance sectorBuild your personal brand by researching and working on projects relating to a specific technical area, becoming the go-to person in the team for insight and advice.You will engage with all key stakeholders on a regular basis to ensure deadlines are met, risks are managed, and the quality of work is to the highest standard.Strong technical knowledge of corporate tax legislation and regulationsProven experience in managing and developing client relationshipsExcellent communication and leadership skills, with the ability to mentor and develop junior team membersWhy Consultants choose the ATCWork that moves you forward When a project fits your skills, we’ll get in touch, but you choose whether it’s right for you. That means working on engagements that genuinely build your portfolio and expand your expertise. The freedom of contracting without the hidden admin You’re not left to navigate the freelance world alone. Our Agile Talent team helps you understand freelance regulation and connects you with people who broaden your thinking through our teams and clients. Community you can actually feel Connection shouldn’t disappear just because you’re contracting. From market insights to wellbeing sessions to networking events, you’ll be part of a community designed to make the independent path less isolated and more impactful.Our culture and values We have a culture where talented people thrive – where high performance is not just expected but enabled. It’s a culture built on clarity, curiosity, and care. One that challenges us to aim higher, where we’re encouraged to make the most of an abundance of resources to fuel our own development, and where we support each other to grow, learn, and succeed. Our open and accessible culture means you’ll interact with leaders who are interested in you and everything you bring to our firm. The things that set you apart, we value them. That’s why we give you the freedom to bring your whole self to work and pursue your passions inside and outside of work.How to join We keep the process straightforward, because the real work happens once you’re here.Submit your CV and basic details through our online application.If there’s a match, a recruiter will reach out to discuss. Meet key stakeholders for a focused conversation.Complete your background checks, join the Agile Talent Community, and start exploring the opportunities we have to offer. If you need adjustments at any point in the process, please let us know during the application stage - we aim to make sure our roles are accessible to everyone.

We have partnered with a well-established specialty insurer to recruit a Capital Actuary into their actuarial function. This role sits within the capital modelling team and plays a key part in internal model development, regulatory reporting, and strategic capital decision-making, with exposure to senior stakeholders and cross-functional committees.Key responsibilities:Support the capital modelling function, including ongoing development and maintenance of the internal model.Play an integral role in the Lloyd's Capital Return (LCR) process.Support embedded model uses such as reinsurance optimisation, capital allocation, and strategic initiatives (e.g. new classes and portfolio optimisation).Contribute to regulatory and risk reporting including SCR, PRA returns, LCM returns, and ORSA.Communicate model outputs clearly and enhance management information.Work closely with underwriting, risk, and actuarial teams to expand internal model use across the business.Outside peak capital periods, support reserving, pricing, and portfolio analytics activities.This is an excellent opportunity for a nearly or newly qualified actuary to deepen their capital expertise within a dynamic specialty insurance environment, with broad exposure across capital, strategy, and wider actuarial work.Please apply for further information:

Salary: Competitive + benefitsLocation: Leeds - flexible / hybrid workingContract: Permanent, full timeOverview of the Actuary roleSellick Partnership is currently partnered with a well-established consultancy who are looking to recruit an experienced Actuary into their Leeds-based team.This is an excellent opportunity to work with a diverse client base, providing specialist advice on Defined Benefit pension schemes while supporting a range of strategic projects.The role would suit a qualified actuary who is confident managing relationships and delivering high-quality technical advice.Key responsibilities of the Actuary will includeActing as a key contact for clients, providing clear and practical actuarial adviceSupporting senior stakeholders in maintaining and developing client relationshipsAttending client meetings, presenting findings and recommendationsReviewing actuarial calculations, reports and outputsIdentifying risks and opportunities across client portfoliosRequired experience/qualifications of the Actuary will includeFellow of the Institute and Faculty of Actuaries (FIA) or equivalentStrong experience working with Defined Benefit pension schemesAbility to manage multiple clients and competing deadlinesStrong analytical and problem-solving skillsConfident communication skills, both written and verbalExperience supporting delivery across multiple workstreamsBenefits available alongside the Actuary position include (but aren't limited to):Competitive salary and benefits packageFlexible and hybrid working arrangementsOngoing professional development and progression opportunitiesCollaborative and supportive team environmentInclusive culture with a focus on wellbeingHow to apply for the Actuary positionIf you believe you have the required experience and qualifications outlined above for the Actuary role, please apply within. Alternatively, for a confidential discussion about the position or the wider actuarial market, please contact the Actuarial team at Sellick Partnership.Sellick Partnership is proud to be an inclusive and accessible recruitment business and we support applications from candidates of all backgrounds and circumstances. Please note, our advertisements use years' experience, hourly rates, and salary levels purely as a guide and we assess applications based on the experience and skills evidenced on the CV. For information on how your personal details may be used by Sellick Partnership, please review our data processing notice on our website.