Insurance, reinsurance and pension funding, except compulsory social security: average pay and jobs in the UK
Full-time employees in insurance, reinsurance and pension funding, except compulsory social security earned a median £52,036 in the year to 5 April 2025 (ONS ASHE), £12,997 more than across all industries.
What the figures show
It ranks 11th of 84 divisions on this measure.
91% of jobs are full-time.
Full-time medians: women £47,361, men £53,682.
The median rose 34.0% from £38,830 in 2021.
The Business Register and Employment Survey counts 102,000 people working in it in Great Britain in 2024, down 10% since 2019; 26% are in London.
There were 5,730 business sites in March 2026, nearly all (91%) with fewer than 10 staff (UK Business Counts).
Pay distribution, 2025 provisional
| Gross pay | Full-time, annual | Full-time, weekly | Full-time, hourly | All, annual | All, weekly | All, hourly |
|---|---|---|---|---|---|---|
| 10th percentile | £27,006 | £518.60 | £14.04 | £24,612 | £479.10 | £13.91 |
| 20th percentile | £31,330 | £599.60 | £16.41 | £29,200 | £564.10 | £15.99 |
| 25th percentile | £33,039 | £627.60 | £17.67 | £31,351 | £606.00 | £17.23 |
| 30th percentile | £36,113 | £689.50 | £19.02 | £33,618 | £640.90 | £18.47 |
| 40th percentile | £42,772 | £824.90 | £22.61 | £39,150 | £756.00 | £21.84 |
| Median (50th percentile) | £52,036 | £977.60 | £27.25 | £48,399 | £923.10 | £26.42 |
| 60th percentile | £58,984 | £1,143.50 | £32.31 | £56,098 | £1,087.60 | £30.89 |
| 70th percentile | £69,883 | £1,322.30 | £38.00 | £67,072 | £1,270.00 | £36.43 |
| 75th percentile | £78,981 | £1,475.60 | £41.80 | £74,761 | £1,410.00 | £40.52 |
| 80th percentile | £87,601 | £1,637.10 | £45.84 | £84,918 | £1,551.50 | £44.16 |
| 90th percentile | – | £2,092.80* | £59.89* | – | £2,018.40* | £57.68* |
| Mean | £67,908 | £1,205.50 | £33.72 | £64,221 | £1,149.50 | £33.08 |
Pay since 2021
| ASHE year | Full-time, annual median | Full-time, weekly median | Full-time, hourly median | All, annual median | All, weekly median | Jobs (thousands, indicative) |
|---|---|---|---|---|---|---|
| 2021 revised | £38,830 | £754.10 | £20.79 | £36,724* | £672.00 | 129 |
| 2022 revised | £42,380 | £801.60 | £22.13 | £40,664 | £761.80 | 104 |
| 2023 revised | £44,057 | £831.70 | £23.64 | £41,590 | £794.00 | 102 |
| 2024 revised | £47,190 | £910.40 | £25.32 | £44,461 | £838.20 | 130 |
| 2025 provisional | £52,036 | £977.60 | £27.25 | £48,399 | £923.10 | 154 |
Where the 102,000 jobs are, 2024
| Region or nation | Employees | Employment |
|---|---|---|
| London | 27,000 | 27,000 |
| South East | 14,000 | 14,000 |
| East of England | 11,000 | 11,000 |
| Yorkshire and the Humber | 9,000 | 9,000 |
| South West | 9,000 | 9,000 |
| Scotland | 9,000 | 9,000 |
| North West | 8,000 | 8,000 |
| West Midlands | 8,000 | 8,000 |
| Wales | 3,500 | 3,500 |
| East Midlands | 1,250 | 1,250 |
| North East | 1,000 | 1,000 |
| Great Britain | 102,000 | 102,000 |
5,730 business sites by size
| Staff | Sites, March 2026 |
|---|---|
| Micro (0 to 9) | 5,210 |
| Small (10 to 49) | 250 |
| Medium (50 to 249) | 135 |
| Large (250 or more) | 140 |
| Total | 5,730 |
2021: 7,720; 2022: 7,700; 2023: 7,525; 2024: 7,585; 2025: 5,685; 2026: 5,730.
Related
Financial and insurance activities · Financial service activities, except insurance and pension funding · Activities auxiliary to financial services and insurance activities · UK average weekly earnings growth
ASHE Table 16: 2021 2022 2023 2024 2025 · notes · 15 October 2026