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.
Get qualified to work as an Actuary with a course recognised across Australia. Speak to a training provider to learn more.
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.
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For those aspiring to excel in the field of actuarial science, our selection of Actuary courses in Australian Capital Territory offers comprehensive pathways to acquire the requisite skills and knowledge. With five advanced courses available, including the highly regarded Bachelor of Actuarial Studies and the esteemed Master of Actuarial Practice, students will find well-structured programmes that cater to experienced learners seeking to deepen their expertise. The renowned Australian National University (ANU) is a leading provider of these courses, ensuring high academic standards and industry relevance.
Alongside traditional study, students can explore various career opportunities upon completing their actuarial training. The range of related roles available in the Australian Capital Territory includes positions such as a Business Analyst, Quantitative Analyst, and Risk Manager, among others. These positions see an increasing demand within the local job market, presenting fresh graduates with excellent employment prospects in dynamic environments.
Engaging in Actuary courses in Australian Capital Territory not only equips students with theoretical knowledge but also practical insights that are vital for success in the actuarial profession. For instance, advanced qualifications such as the Master of Actuarial Studies and the Bachelor of Mathematical Sciences (Honours) cultivate analytical and technical expertise, which are indispensable in roles like Applied Statistician or Econometrician. By pursuing these courses, individuals not only invest in their future but also contribute to the growth of the actuarial field within the Australian Capital Territory.