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.
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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're considering a career as an actuary, enrolling in Actuary courses in Bunbury can set you on the right path. Bunbury, with its vibrant community and growing job market, offers a unique environment to study the principles of risk assessment, data analysis, and financial forecasting. Whether you are a local looking to advance your career or a newcomer eager to explore opportunities in this field, our informative listings will guide you to the right training providers.
Actuarial science is closely linked with various fields of study, providing a robust foundation for those aiming to excel in this profession. Students might also want to explore related business courses, science courses, and specifically, mathematics and statistics. These fields complement actuarial studies by offering essential skills in analytical thinking and problem-solving that are highly sought after in today’s competitive job market.
In addition to becoming an actuary, there are several other exciting career paths you might consider. Job roles such as a Business Analyst, Quantitative Analyst, and Risk Manager are closely associated with the skills you'll develop through actuarial training. Each of these roles plays a crucial part in leveraging data for decision-making across various industries, which are abundant in Bunbury's economic landscape.
For those intrigued by the intersection of mathematics and biology, the roles of Bioinformatician and Biomathematician may pique your interest. Alternatively, if you have a passion for applying your mathematical skills to real-world problems, consider pursuing a career as an Applied Mathematician or an Applied Statistician. These roles, along with others such as the Econometrician and Computational Physicist, highlight the diverse applications of actuarial science in various domains.
Bunbury is not just a great place to study; it also offers ample career opportunities for aspiring actuaries and related professionals. By taking Actuary courses in Bunbury, you will gain the skills and qualifications necessary to thrive in a dynamic environment that values analytical acumen and strategic decision-making. The growing demand for actuaries and data specialists in Bunbury further underscores the significance of investing time in education and training, ensuring you are well-prepared to meet the challenges of your chosen career.
