Pensions and insurance clerks and assistants Salary
Median salary £29,329 per year (2025). Based on ONS ASHE data.
Gross pay, before deductions. See take-home pay on £29,000 after tax and National Insurance →
For pensions and insurance clerks and assistants, £30,269 is the typical (median) pay. That is below the UK full-time median of £39,039 — -22% versus the national average. Experienced pensions and insurance clerks and assistants (top 25%) earn over £34,061.
About this role
Pensions and insurance clerks process pension scheme administration, insurance applications, claims and renewals. They calculate benefits, maintain member and policyholder records and ensure compliance with regulatory requirements.
Key responsibilities
- Processing pension scheme member records and benefit calculations
- Administering insurance policies, renewals and claims
- Calculating retirement benefits, transfers and death benefits
- Handling member and policyholder enquiries
- Ensuring compliance with TPR (The Pensions Regulator) and FCA requirements
Qualifications and entry routes
PMI (Pensions Management Institute) qualifications for pensions roles. CII (Chartered Insurance Institute) qualifications for insurance roles. Many enter through trainee positions with on-the-job training.
Career outlook
Pensions auto-enrolment and pension freedoms have increased administrative complexity. Qualified pensions administrators are valued across the industry.
Key skills
Common industries
- Pension scheme administrators
- Insurance companies
- Employee benefit consultancies
- Third-party administrators
- Public sector pensions
Data coverage
Salary Range (2025)
Estimated Career Progression
Based on salary percentile distribution for this occupation
Entry Level
£20,229
0-2 years
Mid Level
£24,383
3-7 years
Senior
£34,061
8-15 years
Potential career growth: ▲ +68% from entry to leadership
Salary Trend (2015-2025)
Gender Pay Comparison (2025)
Gender pay gap: 15.0%
Full-time vs All Employees (2025)
Full-time premium: +£940
Pensions and insurance clerks and assistants salary: common questions
How much do pensions and insurance clerks and assistants earn in the UK?
Is £30,269 a good salary in the UK?
What is the starting salary for pensions and insurance clerks and assistants?
Have pensions and insurance clerks and assistants salaries kept up with inflation?
Is there a gender pay gap for pensions and insurance clerks and assistants?
Figures: ONS Annual Survey of Hours and Earnings, gross annual pay. UK full-time median £39,039 (2025).