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The average salary for graduate trainee actuaries during their first year of work is £24,000 (salary data collected Jan 09). Starting salaries vary according to specialism and location. For example, salaries are likely to be higher in actuarial consultancy in London and the South East.
Typical salaries for newly qualified actuaries are in the range of £42,000 - £60,000 (salary data collected Jan 09). Salary progression is then dependent upon the individual's performance and career path.
Senior positions can easily attract salaries in excess of £100,000

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