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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Those interested in pursuing a career as an actuary can start their journey by exploring a range of Actuary courses in Thuringowa. These courses equip students with crucial analytical skills, financial acumen, and statistical knowledge necessary to thrive in the actuary profession. The training providers in Thuringowa offer comprehensive programs that are either Registered Training Organisations (RTOs) or recognised by industry bodies, ensuring quality education that meets industry standards.
As an actuary, you can expect to work in diverse fields, including Business, Science, and Risk Management. Each of these domains provides numerous job opportunities. For instance, a well-trained actuary may consider roles such as a Business Analyst, a Quantitative Analyst, or even a Risk Manager, allowing for a dynamic and fulfilling career path tailored to individual strengths and interests.
Moreover, the rapid advancements in technology and data analytics are reshaping the landscape of actuarial science. Pursuing Actuary courses in Thuringowa will not only prepare you for traditional roles but also positions such as a Bioinformatician, Biomathematician, and Applied Statistician. This broad skill set is essential for adapting to the various challenges that modern businesses face in risk assessment and management.
Thuringowa is an ideal location for aspiring actuaries, as it is home to a variety of local training institutions and industry networks. Engaging in Econometrician roles and collaborating with other professionals, such as Applied Mathematicians and Computational Physicists, can significantly enhance your career prospects and networking opportunities. By pursuing Actuary courses in Thuringowa, you are positioning yourself at the forefront of an evolving field, ready to tackle the complexities of modern finance and risk analysis.