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Actuary Courses in Launceston

An Actuary analyses data to assess financial risks and inform decision-making in sectors like banking and insurance, requiring strong analytical skills.

    • AI Exposure: Medium

      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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  • 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.
      • NSW
      • ACT
      • VIC
      • QLD
      • TAS
      • WA
      • NT
      • SA
AI exposure data adapted from Felten, Raj & Seamans (2021). Shortage data sourced from Jobs and Skills Australia (2024).

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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

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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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Further reading

What is the Role of a Business Analyst?

14th October 2022

What Skills Does a Data Analyst Need?

25th November 2022

Career Spotlight: Accounting and Taxation Professionals

9th October 2019

Actuary careers

If you are considering a career as an actuary, then exploring the Actuary courses in Launceston is a fantastic starting point. Launceston, known for its vibrant community and educational opportunities, offers a variety of courses tailored to equip you with the necessary skills and knowledge to succeed in this exciting field. With a strong foundation in risk assessment and management, actuaries play a pivotal role in helping businesses navigate financial uncertainties.

Enrolling in one of the Actuary courses in Launceston not only prepares you for a career as an actuary but also opens doors to other career paths. For instance, you may find yourself interested in becoming a Business Analyst or a Quantitative Analyst. These roles share the analytical skills and quantitative methods necessary for success in the financial and business sectors, creating a seamless transition for aspiring professionals in Launceston.

The courses available also interlink with relevant fields of study such as Risk Management and Mathematics and Statistics. A solid understanding of these subjects can enhance your capabilities, making you an invaluable asset in roles such as a Risk Manager or an Applied Statistician. The city’s educational institutions focus on providing quality training to ensure you are well-prepared for the challenges of the industry.

Moreover, with the demand for skilled professionals on the rise, the potential for career advancement post-completion of Actuary courses in Launceston is substantial. Positions such as a Econometrician or an Applied Mathematician are within reach, allowing you to specialize further and contribute significantly to your chosen sector.

Launceston's commitment to education and professional growth provides a nurturing environment for those pursuing Actuary courses. With various training providers recognised for their excellence, you can look forward to a supportive learning experience that will enhance your career prospects. Begin your journey today by exploring the Actuary courses in Launceston and take the first step towards a fulfilling career as an actuary or in related fields such as Bioinformatician or Biomathematician. Your future awaits!