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 are interested in pursuing a career as an actuary, the Actuary courses in Townsville will provide you with the foundational knowledge and advanced skills required for this vital profession. Actuaries play a crucial role in assessing financial risks and uncertainties, making them invaluable in areas such as insurance, finance, and investment. The Bachelor of Science (Advanced) (Mathematics) offered by James Cook University (JCU) is a leading course available locally, tailored for individuals with prior experience or qualifications.
Studying actuary courses in Townsville will open up numerous pathways in related fields of study. Students can explore Business courses, Science courses, and even delve into specialisations like Mathematics and Statistics or Risk Management. The knowledge gained through these studies not only prepares you for the actuarial profession but also equips you for other in-demand roles in the workforce.
There are numerous exciting career opportunities for graduates of actuary courses in Townsville. Potential job roles include a Business Analyst, Quantitative Analyst, or even a Risk Manager. Each of these roles utilises the analytical and mathematical skills acquired during the course, allowing you to make significant contributions in various sectors including finance, healthcare, and risk assessment.
In addition to traditional actuarial roles, there are also emerging fields where you could apply your skills. For instance, you might explore careers as a Bioinformatician, Biomathematician, or Applied Mathematician. These specialisations highlight the versatility of an actuarial education and the diverse career trajectories one can take after completing relevant studies.
By enrolling in the available actuary courses in Townsville, you are making a significant step towards a rewarding and impactful career. With recognised training providers like James Cook University, students in the Townsville area can take advantage of high-quality education that prepares them for a successful future in finance, business, and risk management. Embrace the opportunity to advance your skills and unlock your potential in this dynamic field today!