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 are looking to pursue a career in the actuarial field, there are numerous Actuary courses in Geraldton that can help you gain the necessary skills and knowledge. With the increasing demand for professionals in this area, enrolling in a comprehensive course not only positions you well in the job market but also equips you to tackle complex financial and risk assessment challenges. Geraldton, with its vibrant community and growing industries, offers a great backdrop for your studies and future career in actuarial science.
The Actuary profession is closely connected to related fields such as Business, Science, and Risk Management. As you explore your options, you may also consider the variety of exciting job roles available in Geraldton. Positions like Business Analyst, Quantitative Analyst, and Risk Manager are just a few examples of how you can leverage your actuarial training into a successful career.
As you think about your career path, consider the many interrelated roles that align with your interests and strengths. From a Applied Statistician to a Biomathematician, the opportunities are diverse. Furthermore, courses in Mathematics and Statistics—in addition to your actuarial studies—can help solidify your expertise and open doors to roles such as Econometrician or Applied Mathematician. With the right training in Geraldton, your career as an actuary or related professional can thrive.
