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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If you are considering a career in the actuary field, you are in the right place! The demand for qualified actuaries is on the rise, especially in Canberra, where a thriving financial services sector is creating ample opportunities. To help you prepare for this exciting career path, there are several Actuary courses in Canberra that cater to experienced learners looking to deepen their expertise. With options ranging from bachelor's to master's degrees, you can choose the right course that aligns with your professional goals.
One of the most sought-after qualifications in the field is the Bachelor of Actuarial Studies. This course equips students with the essential skills required to assess and manage risks in various industries. For those looking to further their studies, the Bachelor of Actuarial Studies (Honours) provides an excellent pathway to advanced research and insights into complex actuarial problems, preparing graduates for leadership roles in the field.
If you have a strong mathematical background, consider the Bachelor of Mathematical Sciences (Honours). This course offers a robust foundation in mathematical theories and practices that are vital for actuarial science. Alternatively, those ready to take on postgraduate studies can enrol in the Master of Actuarial Studies, which delves deeper into the applications of actuarial principles within business contexts and prepares graduates for dynamic roles in a challenging job market.
The Master of Actuarial Practice is another excellent option, designed for those aspiring to integrate theoretical knowledge with practical application. This course focuses on real-world challenges faced by actuaries and enhances your problem-solving capabilities, making it ideal for professionals seeking to advance their careers in Canberra's competitive landscape.