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.
Courses.com.au Team
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, exploring Actuary courses in Hervey Bay is a crucial first step. Located in the picturesque region of Hervey Bay, these courses are tailored to equip you with the skills needed to analyse financial risks and uncertainties. By enrolling in these courses, you'll gain comprehensive knowledge in key areas such as mathematics and statistics, business, and risk management, serving as a solid foundation for your future career in this in-demand field.
Actuaries play a vital role in various industries, assessing financial implications associated with uncertain future events. The training available in Hervey Bay covers essential subjects that contribute to the profession, including Mathematics and Statistics and Risk Management. Furthermore, students may also explore related business courses that enhance their understanding of market dynamics and corporate finance, thereby broadening their competency as a professional actuary.
As you embark on your journey to become an actuary, it’s also beneficial to consider related job roles that may align with your interests. Careers such as a Business Analyst or a Risk Manager require similar skill sets and can provide diverse opportunities in the financial sector. Additionally, pursuing a role as a Quantitative Analyst or an Applied Statistician can further expand your career prospects, allowing you to apply your analytical abilities in various contexts.
In Hervey Bay, taking the first step towards becoming an actuary is made accessible with a variety of Actuary courses. By acquiring the necessary skills and knowledge, you will not only enhance your employability but also set yourself up for success in numerous analytical roles, such as a Econometrician or Applied Mathematician. Begin your journey today and unlock a world of opportunities in the actuarial profession, right here in the heart of Hervey Bay.
