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.
Browse occupations related to Actuary
For those aspiring to excel in the finance and insurance sectors, pursuing Actuary courses in New South Wales can open the door to various lucrative career opportunities. Through these courses, students will gain comprehensive knowledge of risk assessment, statistical analysis, and the mathematical techniques that underpin actuarial science. As a graduate, you may find yourself qualified for sought-after roles such as an Actuarial Consultant or an Actuarial Analyst.
New South Wales is home to a diverse range of Registered Training Organisations (RTOs) that offer specialized training programmes tailored to the needs of the actuarial profession. These Actuary courses equip you with the skills to forecast financial risks and devise strategies to mitigate potential threats. The region's robust job market means qualified professionals can also explore careers as Quantitative Analysts or Statisticians, making it a dynamic location for personal and professional growth.
The importance of actuaries cannot be overstated; their analytical abilities help organizations make informed decisions in an ever-changing economic environment. By enrolling in Actuary courses in New South Wales, you will be well-prepared to enter high-demand roles such as a Risk Officer or a Financial Analyst. As industries increasingly rely on data-driven insights, the relevance of actuarial expertise will only continue to rise.
Additionally, the broad scope of study in these courses encompasses related fields such as mathematics and risk management, ensuring graduates possess a well-rounded skill set. This cross-disciplinary knowledge allows for a seamless transition into other relevant roles, like Econometricians or Financial Engineers. The versatility and applicability of the actuarial profession make it an attractive career choice for many.
As you consider your educational journey, take the time to explore the numerous Actuary courses in New South Wales. Whether you aim to become a mathematical modeller or an Operational Risk Manager, the qualifications gained from these programmes will empower you to thrive in the competitive landscape of finance and risk management. Start your journey today and take the first step towards a rewarding actuarial career!