Salary Rules for Actuaries, economists and statisticians

Official 2026 salary requirements for SOC Code 2425 under the Skilled Worker route.

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Updated for 2026

Standard Rate

£55,000

The minimum salary required for experienced workers in this occupation code.

New Entrant Rate

£38,500

For students, graduates, and those under 26. This is the 70% threshold.

Occupation Details

Actuaries, economists and statisticians (SOC 2425) is eligible for UK Skilled Worker sponsorship. Under 2026 immigration rules, the salary offered must meet the thresholds shown above. Employers must hold a valid Home Office sponsor licence to hire on this route.

Who qualifies as a New Entrant?

International students switching from a Student Visa.
Graduate Visa holders.
Anyone under the age of 26 at the time of application.
Postdoctoral researchers in certain fields.

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