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Actuarial Contract Rates in Sheffield: Day Rate Quartiles and Demand
Live market telemetry, compensation quartiles, and IR35 compliance benchmarks across the UK contract sector.
Median Daily Rate
£765/day
Interquartile Range
£585/day – £945/day
Contract Engagement Split
60% Outside IR35
Market Conditions and Compensation Trajectory
Remuneration intelligence covering contract Actuarial positions in Sheffield identifies established compensation benchmarks across active project accounts. Throughout verified local client accounts, daily remuneration anchors at an industry median of £765/day, reflecting a -10.0% variance compared to national UK baselines. Quartile metrics across active assignments define a range from £585/day to £945/day. From a regulatory and off-payroll perspective, 60% of verified vacancies are determined outside the scope of IR35. Figures summarise advertised pay on this hub to November 2026 and are market statistics, not a personal offer or guaranteed assignment rate.
Daily Rate Quartiles and Market Benchmarks
Values combine advertised day rates, stated IR35 outcomes, and sector labels from vacancies matching this hub. Quartiles use priced roles only.
| Metric | Value | What it shows |
|---|---|---|
| Median day rate | £765/day | Mid-market advertised pay for this hub |
| 25th percentile (P25) | £585/day | Lower-quartile priced vacancies |
| 75th percentile (P75) | £945/day | Upper-quartile priced vacancies |
| Outside IR35 share | 60% | Stated limited-company / outside SDS |
| Inside IR35 share | 0% | Stated PAYE / umbrella / inside SDS |
| Undetermined IR35 | 40% | Adverts that omit a published status |
| Leading sector | Finance & Strategy (80%) | Largest hiring cluster in the sample |
| Priced sample | N/A | Vacancies used for the rate corridor |
| Regional rate band | a regional rate discount versus London | Location pricing context, not an SDS |
Statutory Standards and Frequently Asked Questions
Sheffield does not create a special IR35 code for Actuarial work. The client SDS should name the Sheffield workplace and delivery model. An inside finding on a Sheffield Actuarial brief typically deducts tax at source, while outside IR35 Actuarial work in Sheffield is billed by a PSC. Local pay sits on a regional rate discount versus London, so a higher Sheffield headline rate can still be inside. Commuting into Sheffield does not, by itself, prove substitution or lack of control. Read the Actuarial Sheffield contract for workplace, hours, and equipment clauses.
