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Why do actuaries earn a lot?

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I have several friends that are actuaries and have employed several others. Becoming an actuary is hard. The tests are brutal. And they fix the passing rate to constrain the number of actuaries. This keeps supply below demand and pay high. read more

OP, actuaries make more on average than accountants for basic economic reasons: there are more accountants for the accounting jobs available than there are actuaries for the actuarial jobs available. Right on the money. read more

Salaries rise in line with passed exams and a fully-qualified actuary can earn £35,000-£60,000 or more. Salaries are lower in Scotland. Perks. The relative shortage of qualified actuaries compared with the demand for them makes this a very secure career with lots of job opportunities. read more

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