This role has a moderate level of AI exposure. AI can enhance efficiency for some tasks, but this job still relies on human skills and decision-making.
Explore all careersAn Actuary analyses data to assess financial risks and inform decision-making in sectors like banking and insurance, requiring strong analytical skills.
In Australia, a full time Actuary generally earns $2,400 per week ($124,800 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
The number of people working in this field is likely to grow strongly in coming years. There are currently 1,800 people employed in this industry in Australia and many of them specialise as an Actuary. Actuaries may find work across all regions of Australia.
Source: Australian Government Labour Market Insights
A Bachelor of Actuarial Studies is an ideal qualification if you’re planning a career as an Actuary. This course will give you the skills to assess and manage financial risks to individuals, corporations and governments. You’ll cover topics including applied financial mathematics, probability and statistics, data visualisation, risk management and analytics and quantitative data science.
Browse occupations related to Actuary
If you’re considering a career as an actuary in Albany, you’re on the right path! Albany offers a wealth of opportunities for individuals looking to delve into this dynamic and rewarding field. By enrolling in actuary courses in Albany, you will gain the essential skills and knowledge needed to navigate the complexities of risk assessment and management, making it an excellent choice for anyone interested in mathematics, statistics, and finance.
Studying in Albany gives you access to a range of related job roles that you might find inspiring. Consider pursuing additional qualifications in Risk Management or deepening your understanding of Mathematics and Statistics. These fields not only complement the abilities of an actuary but also open doors to exciting career paths. Whether you're drawn to analytical roles like a Business Analyst or a more technical position such as a Quantitative Analyst, Albany provides a supportive environment for your professional growth.
In addition to standard actuarial courses, consider how you might enhance your qualifications by exploring fields like Business and Science. By diversifying your skills, you can position yourself for expanded career opportunities. Individuals in Albany who are equipped with knowledge in related sectors are often viewed as valuable assets in the job market, giving you a competitive edge as you embark on your actuarial journey.
The path to becoming an actuary may seem challenging, but remember that every step you take is a step towards a fulfilling career. Look into roles like a Risk Manager or even niche positions such as a Applied Statistician. Each of these roles can enrich your professional experience and provide you with a strong foundation for your future. Albany’s vibrant community and educational resources make it an ideal location to embark on your actuarial studies.
Embrace the opportunity to learn and grow within the actuary field in Albany. With the support of experienced trainers and a wide array of courses tailored to your aspirations, your journey to becoming an actuary is just beginning. Whether you’re focused on roles such as a Bioinformatician or a Econometrician, this is a fantastic time to invest in your education and transform your career prospects.