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.
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Common questions
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.
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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
Courses.com.au Team
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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Related career opportunities
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Further reading
What Skills Does a Data Analyst Need?
25th November 2022
Career Spotlight: Accounting and Taxation Professionals
9th October 2019All actuary courses
Actuary careers
Embarking on your journey in the field of actuarial science begins with exploring the rich variety of Actuary courses in Toowoomba. These courses are designed to equip aspiring professionals with the essential skills in risk assessment and financial analytics. Toowoomba, a vibrant city in Queensland, offers a supportive learning environment with local Registered Training Organisations (RTOs) committed to providing high-quality education. With a strong focus on relevant fields such as Risk Management and Mathematics and Statistics, you will gain invaluable expertise that can set you apart in today's competitive job market.
As you consider advancing your education, it is essential to recognise related career paths that complement actuarial roles. Opportunities such as a Business Analyst, Quantitative Analyst, or a Risk Manager highlight the diverse applications of your actuarial training. By engaging with these business courses and science courses, you will better position yourself for success in the dynamic sectors of finance, analytics, and beyond.
Toowoomba's dedication to educational excellence not only provides aspiring actuaries with the necessary tools but also fosters a community of professionals ready to innovate and lead. Pursuing Applied Statistician or Econometrician roles can further expand your expertise in analysis and data interpretation. By exploring the comprehensive courses available, you are taking a crucial step towards building a fulfilling career as an actuary or in one of the many related job roles. Make the most of your learning journey in Toowoomba and unlock your potential today!
