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're considering a career in actuarial science, the Actuary courses in Geelong offer a fantastic opportunity to gain the necessary qualifications and skills. With three advanced courses available for experienced learners, you can choose from the Bachelor of Commerce (Actuarial Studies), the Master of Actuarial Science, and the Bachelor of Actuarial Science. Each of these programs is designed to equip you with the knowledge needed to excel in various roles within the financial and insurance sectors.
In Geelong, renowned educational institutions like The University of Melbourne and Monash University deliver high-quality training in actuarial studies. These training providers are well-regarded in the industry, providing a pathway for students to effectively prepare for successful careers as actuaries. The courses are closely aligned with the professional standards required by industry bodies, ensuring that graduates are job-ready upon completion.
The actuarial profession is intertwined with multiple fields such as Business, Mathematics and Statistics, and Risk Management. By pursuing one of the actuary courses in Geelong, you open doors to various job roles including a Business Analyst, Quantitative Analyst, and a Risk Manager. These roles benefit from the analytical and problem-solving skills developed throughout the coursework, preparing you for challenges in the competitive job market.
Whether you're aiming to become an Applied Statistician, Econometrician, or even a Bioinformatician, the actuarial courses in Geelong provide a robust foundation. With a mix of practical and theoretical knowledge, students will not only learn how to assess risk and uncertainty but also how to apply these principles in real-world scenarios. Explore the array of options available in Geelong and take the first step toward a rewarding career by enrolling in one of these actuarial courses today!