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 considering a career as an actuary, Wollongong offers a variety of Actuary courses tailored to your aspirations. With esteemed training providers such as Macquarie University, UNSW, The University of Sydney, and UTS, you can gain the skills necessary to excel in this dynamic field. The courses offered will help you develop a solid foundation in mathematics, statistics, and risk management, essential components for navigating the financial landscapes of businesses today.
Inspiration for your journey into the actuarial profession can also be found in related job roles such as a Business Analyst, Quantitative Analyst, and an Actuarial Consultant. Each of these positions can provide unique insights and experiences that can enhance your actuarial studies and career path. Additionally, you may also explore other related fields including Risk Management and Mathematics and Statistics, both of which are closely aligned with actuarial practices.
The vibrant city of Wollongong not only provides exceptional educational opportunities but also a thriving job market for aspiring actuaries. As you embark on your educational journey, consider the prospects of becoming a Financial Analyst or a Risk Manager. The ability to analyse complex data and assess financial risks is highly sought after, making formal training in actuarial science a valuable asset. Engage with the local community and explore the wealth of resources available to you through the various universities and institutions in the area.
Taking the first step towards a rewarding career in the actuarial field begins with enrolling in one of the Actuary courses in Wollongong. The training programs offered by recognised institutions like Macquarie University, UNSW, and UTS are designed to equip you with the knowledge and skills necessary to thrive in various roles, such as a Credit Risk Analyst or Statistical Analyst. By choosing to study locally, you not only benefit from a rich educational experience but also increase your employability in the vibrant Wollongong job market. Take a closer look at the available courses and start your journey today at Courses.com.au.