Actuaries, economists and statisticians (SOC 2433, also written as job code 2433) qualifies for UK Skilled Worker visa sponsorship. Your employer must pay at least the going rate of £55,100 per year. Scroll down for salary benchmarks, the visa rules, and live jobs from licensed sponsors.
Not sure if SOC 2433 applies to your situation?
The answer above is the general rule. Your case can be different if you already hold a visa and are extending or switching, if you were sponsored before a rule change, or depending on your salary. Our AI assistant can explain the full rules from gov.uk guidance.
Ask AI about SOC 2433Actuaries, economists and statisticians apply theoretical principles and practical techniques to assess risk and formulate probabilistic outcomes in order to inform economic and business policy, and to analyse and interpret data used to assist in the formulation of financial, business and economic policies in order to maximise growth or improve business performance.
Entry is most common with a relevant degree or equivalent qualification. Professional qualifications are available and mandatory for actuarial occupations.
UK market salary · ASHE 2025
How visa salary requirements compare to what employers pay.
Most actuaries, economists and statisticians in the UK earn between £41,496 and £74,724 in basic pay. For Skilled Worker visa holders, the minimum salary (going rate) for this role is £55,100 (SOC 2433), sitting at the 53rd percentile of what UK employers pay and £3,048 above the median.
All figures are before tax. Calculate your take-home pay.
Comparing with an offer back home? Try the UK vs home country calculator.
Browse our register of UK companies with an active sponsor licence. Filter by industry, size, sponsor rating, and whether they're currently hiring actuaries, economists and statisticians, so you only apply where a visa is actually on the table.
Browse licensed sponsorsYour employer must pay whichever is higher: the going rate for SOC 2433 (£55,100) or the general Skilled Worker threshold of £41,700 per year.
New entrants and ISL roles may qualify for a lower rate. See the New entrant & discount rates section below.
Your sponsor issues a Certificate of Sponsorship (CoS), a reference number the Home Office uses to check the job offer, salary, and duties line up with an eligible SOC code.
Submit the Skilled Worker visa application online within 3 months of your CoS assignment date. You'll also book a biometric appointment and pay the immigration health surcharge.
Apply on gov.ukTravel to the UK before your CoS start date and begin working for the sponsor named on the certificate.
If you're under 26, switching from a Student visa, or a recent UK graduate, your employer can pay the new entrant rate of £38,600 per year for up to 4 years.
Continuously sponsored as a Skilled Worker since before 4 April 2024? Lower thresholds apply: £40,700 standard, or £28,500 as a new entrant.
Other Skilled Worker-eligible roles in the same SOC minor group (243xx):
Yes. Actuaries, economists and statisticians roles fall under SOC 2433 (Higher Skilled), so they qualify for Skilled Worker visa sponsorship. Your employer will need a sponsor licence and must pay at least the going rate for this occupation.
Job code 2433, SOC code 2433 and occupation code 2433 all refer to the same thing: the Standard Occupational Classification (SOC 2020) unit group covering actuaries, economists and statisticians. The Home Office uses this 4-digit code on a Certificate of Sponsorship to check Skilled Worker visa eligibility and to set the going rate salary threshold for the role.
The going rate for Actuaries, economists and statisticians (SOC 2433) is £55,100 (£28.26 per hour). Occupation rate applies. Your employer must pay whichever is higher: this going rate or the general Skilled Worker threshold of £41,700 per year.
SOC 2433 covers a range of actuaries, economists and statisticians roles, including: Actuaries and actuarial analysts, Economists, Mathematicians, Statistical data scientists, Statisticians, Actuaries, economists and statisticians not elsewhere classified.. Keep in mind that the Home Office matches jobs by duties rather than title alone. Two roles with the same title can fall under different SOC codes depending on the actual work involved.
Yes. If you're under 26, a recent graduate, a PhD student, or switching from a Student or Graduate visa, you count as a "new entrant". For Actuaries, economists and statisticians (SOC 2433) the new entrant minimum is £38,600 per year, based on the Home Office's published lower going rate and the £33,400 new entrant threshold. The discount lasts up to 4 years in total.
We list Actuaries, economists and statisticians roles from companies with a Home Office sponsor licence. Scroll down to see what's currently open, or search our full jobs database for more visa-sponsored positions across the UK.
This information is provided as guidance only and should not be treated as legal advice. Eligibility criteria and salary thresholds are based on the latest published government data. Always verify with the official UK government guidance or seek professional immigration advice.