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.
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For those seeking to advance their careers in the financial and risk management sectors, Actuary courses in Newcastle provide invaluable opportunities. With a cutting-edge curriculum delivered by reputable training providers like the University of Newcastle, aspiring actuaries can gain the skills needed for roles such as Actuarial Analyst or Actuarial Consultant. The availability of these courses ensures that students can engage with relevant industry insights while learning in the vibrant city of Newcastle, 2267 Australia.
As students delve into the world of actuarial science, they will also find connections to various fields of study, including Risk Management, Mathematics and Statistics, and general Business courses. This diverse range of subjects prepares individuals for a multitude of related job roles such as Business Analyst, Quantitative Analyst, and Risk Manager. The comprehensive nature of these studies ensures that graduates are well-prepared for the complexities of the financial landscape.
Newcastle’s robust educational framework supports aspiring actuaries as they navigate their career paths. By enrolling in Actuary courses in Newcastle, students position themselves to explore numerous career opportunities. Those looking to pursue specialisations can also consider roles such as Financial Analyst, Statistician, and even niche positions like Financial Engineer. This ensures a well-rounded education that meets the demands of a dynamic job market.
In conclusion, pursuing Actuary courses in Newcastle opens doors to a fulfilling career within various sectors. With major training providers like the University of Newcastle, students are equipped with practical skills and theoretical knowledge essential for success. Given the broad spectrum of related job roles such as Credit Risk Analyst and Risk Analyst, this educational journey is particularly relevant in today's competitive landscape.