How much you'll be paid in insurance

Insurance is not among the better paying parts of the financial sector, but salaries still are high among the upper ranks. The tables below show UK salary ranges at each level of seniority for the four core job functions within insurance: actuarial, underwriting, claims and brokering.

While minimum salaries for graduate jobs are similar across all four roles, the higher skill levels demanded in actuarial and underwriting roles mean professionals in these areas will eventually earn more than their counterparts in claims. Most actuaries will be on a six-figure salary (in US$) after completing their training qualification, which typically takes six years. While brokers lag behind the other functions on base pay, the sales-driven nature of their role can lead to higher bonuses.

The tables below show UK salary ranges at each level of seniority for the four core job functions within insurance: actuarial, underwriting, claims and brokering.