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.
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 as an actuary, exploring the Actuary courses in Mackay can be an excellent first step towards achieving your goals. These courses are designed to equip you with the essential skills and knowledge needed to assess risk and uncertainty, which are vital for roles in finance, insurance, and other industries. In Mackay, a vibrant region known for its beautiful surroundings and strong economy, these skills are increasingly in demand.
Students in Mackay can benefit from various fields of study linked to becoming an actuary. You might start by looking into Risk Management courses, which delve into the principles of identifying and mitigating risks. Alternatively, pursuing Mathematics and Statistics can provide you with the analytical tools necessary for success in this field. Those interested in the business side may also find Business courses particularly beneficial.
Completing an actuary course can open numerous career pathways in Mackay. Besides becoming an actuary, you might explore careers as a Business Analyst or a Quantitative Analyst, both of which play crucial roles in data analysis and decision-making. Additionally, more specialised roles like a Bioinformatician or a Biomathematician could appeal to those with a scientific mindset wishing to combine their interests in mathematics with practical applications.
Being aware of the potential job roles can enhance your focus during your studies. For instance, careers such as Risk Manager and Econometrician not only demand the expertise gained through actuary training but also offer lucrative opportunities in the job market. Positions like Applied Statistician and Applied Mathematician further illustrate the diverse paths you can take after completing your actuary qualification.
Mackay’s unique environment and growing economy provide an ideal backdrop for pursuing Actuary courses in Mackay. The courses offered not only prepare you for a fulfilling career but also connect you with a network of professionals and organisations within the industry. By exploring the related fields and job roles mentioned, you can ensure that you are well-prepared and informed as you advance in your studies and future career in this dynamic field.