Actuary starting salaries?

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    Is it true that if you have exemptions you will start with a higher starting salary?
    Also, what is the average salary at a top firm like WillisTowersWatson or Mercer or at an insurance firm like Allianz or Aviva?

    Are salaries higher at insurance firms or consultancies?
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    (Original post by ilikecats12)
    Is it true that if you have exemptions you will start with a higher starting salary?
    Also, what is the average salary at a top firm like WillisTowersWatson or Mercer or at an insurance firm like Allianz or Aviva?

    Are salaries higher at insurance firms or consultancies?
    I believe they start around 25k and for every exam past (each exemption) extra ~1k. Obviously, this is anecdotal and also generalised. Take it with a pinch of salt.
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    (Original post by ilikecats12)
    Is it true that if you have exemptions you will start with a higher starting salary?
    Also, what is the average salary at a top firm like WillisTowersWatson or Mercer or at an insurance firm like Allianz or Aviva?

    Are salaries higher at insurance firms or consultancies?
    You may find this page helpful:
    https://www.actuaries.org.uk/become-...ch-will-i-earn

    Also check out glassdoor for some general salary info.

    I believe around 2 years ago year the new graduates started at around 31k in London for the larger consultancies.

    For exemptions, it's not quite as straight forward as you get the salary increase as soon as you join. They tend to unlock it as you pass some exams so you don't start on a massive amount more straight away. Details can vary from firm to firm of course.
 
 
 
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