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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If you're looking to advance your career in the actuarial field, the Actuary courses in Richmond offer a diverse range of options tailored for experienced learners. With 8 advanced courses available, including the prestigious Bachelor of Actuarial Studies and the comprehensive Master of Actuarial Practice, you can gain the specialised knowledge necessary for excelling in this dynamic profession. Richmond, located in the vibrant Greater Sydney area, is the perfect backdrop for pursuing such significant educational opportunities.
Exploring the field of actuary opens doors to numerous job roles that are critical in today’s data-driven environment. Graduates of the Bachelor of Advanced Science (Honours) (Mathematics) can transition into roles such as a Business Analyst or a Quantitative Analyst. Additionally, those interested in applying mathematics and statistics can pursue positions as Statistical Analysts or Applied Statisticians, among many others. The courses offered in Richmond are designed to equip you with the skills required to excel in these various professional paths.
Diving into actuarial studies not only prepares you for essential roles in risk management but also links to broader academic domains such as Risk Management and Mathematics and Statistics. With a solid educational foundation, you can pursue advanced programs like the Master of Actuarial Studies or Bachelor of Mathematical Sciences (Honours). Richmond serves as a strategic hub for aspiring actuaries looking to take their professional journey to new heights within an engaging local community.