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.
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Common questions
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.
Courses.com.au Team
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
Courses.com.au Team
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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Related career opportunities
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Further reading
What Skills Does a Data Analyst Need?
25th November 2022
Career Spotlight: Accounting and Taxation Professionals
9th October 2019All actuary courses
Actuary careers
If you are considering a career as an actuary, the Actuary courses in Bendigo offer comprehensive training tailored to meet the needs of this challenging profession. Actuaries play a crucial role in evaluating financial risks and providing strategic insights across various sectors, making them integral to businesses, finance, and insurance industries. Bendigo's growing economy means that there are rich opportunities for aspiring actuaries to thrive, armed with the right education and skills.
Students enrolled in Business courses and Science courses will find that these disciplines greatly complement actuarial training. Courses in Risk Management, notably, provide insights into the strategies that actuaries employ to mitigate financial uncertainties. In addition, foundational knowledge in Mathematics and Statistics is crucial for those pursuing a successful career in this field. These studies pave the way for various exciting job roles.
Beyond the role of actuary, there are numerous related career paths to explore in Bendigo. As you embark on your journey, consider roles such as a Business Analyst or a Quantitative Analyst, both of which leverage similar analytical skills. For those with a passion for the intersection of biology and mathematics, becoming a Bioinformatician or a Biomathematician might be ideal, while a career as a Computational Physicist offers opportunities in scientific research and innovation.
With the right qualifications, you can also explore positions as an Econometrician or an Applied Statistician, both of which focus on the practical applications of statistical methods. Additionally, careers as a Risk Manager or an Applied Mathematician not only contribute positively to an organisation's success but also offer the potential for significant personal satisfaction. By taking the step to pursue Actuary courses in Bendigo, you are investing in your future while contributing to a dynamic local economy.
