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Actuary Courses in Victoria

An Actuary analyses data to assess financial risks and inform decision-making in sectors like banking and insurance, requiring strong analytical skills.

    • AI Exposure: Medium

      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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  • 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.
      • NSW
      • ACT
      • VIC
      • QLD
      • TAS
      • WA
      • NT
      • SA
AI exposure data adapted from Felten, Raj & Seamans (2021). Shortage data sourced from Jobs and Skills Australia (2024).

How do I become an Actuary in Victoria?

Get qualified to work as an Actuary with a course recognised across Australia. Speak to a training provider to learn more.

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

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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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Further reading

What is the Role of a Business Analyst?

14th October 2022

What Skills Does a Data Analyst Need?

25th November 2022

Career Spotlight: Accounting and Taxation Professionals

9th October 2019

Actuary careers

If you are looking to advance your career in the field of actuaries, there are several excellent options available through renowned institutions offering Actuary courses in Victoria. This region hosts reputable providers, including The University of Melbourne and Monash University, both of which deliver highly regarded programs designed for experienced learners. With a selection of three key courses such as the Master of Actuarial Science, Bachelor of Actuarial Science, and Bachelor of Commerce (Actuarial Studies), you can tailor your education to meet your career aspirations.

The growing demand for professionals in actuarial science makes this a timely investment in your future. By enrolling in one of the Actuary courses in Victoria, you'll gain essential knowledge in critical areas such as Risk Management and Mathematics and Statistics. This coursework not only strengthens your analytical abilities but also equips you with the skills needed to tackle complex financial and business challenges in an evolving market. Embrace this opportunity to enhance your expertise and stand out among your peers.

Victoria’s educational landscape is rich with opportunities for those pursuing a career as an actuary. By choosing to study locally, you benefit from the diverse networking opportunities available through institutions like The University of Melbourne and Monash University. The Actuary courses in Victoria not only provide a solid foundation in business principles but also offer insights into the latest trends in the industry. Take the next step in your professional journey and explore the possibilities of becoming a proficient actuary through these esteemed programs.