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Actuaries, economists and statisticians — UK Skilled Worker going rate

SOC 2020 occupation code 2433 · eligible for PhD points

Going rate

£55,100

per year (£28.26/hr)

Effective minimum salary

£55,100

the higher of the £41,700 general threshold and the going rate

What this means

To sponsor someone as a actuaries, economists and statisticians on the Skilled Worker route, an employer must normally pay at least £55,100 per year — the going rate for this occupation (£55,100) is above the general £41,700 threshold, so it sets the floor. Some applicants can be paid a lower salary using tradeable points.

Discounted salary options

Lower going rates that apply if you qualify on tradeable points:

  • £49,600Option B · 90%New entrants, and some other tradeable-points routes
  • £44,100Option C · 80%Immigration Salary List occupations
  • £38,600Option E · 70%PhD in a relevant STEM subject / new entrant combinations

The discounted rate must still be at least the option's percentage of the going rate and meet the route's absolute minimum.

Related job titles

Non-exclusive examples for SOC 2433.

Actuaries and actuarial analystsEconomistsMathematiciansStatistical data scientistsStatisticiansActuaries, economists and statisticians not elsewhere classified