Actuary Courses
An Actuary analyses data to assess financial risks and inform decision-making in sectors like banking and insurance, requiring strong analytical skills.
AI Exposure
High
AI exposure data adapted from Felten, Raj & Seamans (2021). Shortage data sourced from Jobs and Skills Australia (2024).
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How do I become a Actuary
Get qualified to work as a Actuary with a course recognised across Australia. Speak to a training provider to learn more.
Estimated fee
From $31,200
Study mode
Blended, On Campus
Looking for a career in risk management, insurance, superannuation, or actuarial research? The Bachelor of Actuarial Studies will teach you how to assess and manage financial risks to individuals, corporations, and governments.
Your studies begin with an introduction to macro and microeconomics as well as the key modelling tools used by actuaries. You’ll then explore financial mathematics, probability and statistics, data visualisation, risk management and analytics, and quantitative data science. Even ...
Career opportunities
Estimated fee
From $31,200
Study mode
Blended, On Campus
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Estimated fee
From $15,500
Study mode
Blended, On Campus
The Bachelor of Actuarial Studies (Honours) is tailored for graduates of the Bachelor of Actuarial Studies aiming to enhance their expertise and gain a competitive advantage. This course focuses on developing advanced analytical, problem-solving, and research skills through a significant research thesis. Actuaries play a vital role in measuring and managing risk, aiding businesses, governments, not-for-profit organisations, and individuals in making crucial future decisions. This degree equips students wi...
Career opportunities
Estimated fee
From $15,500
Study mode
Blended, On Campus
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Estimated fee
From $29,400
The Bachelor of Actuarial Science equips students to assess risks and opportunities in business settings and influence key economic structures. This course focuses on applying mathematical concepts to real-world scenarios, developing analytical skills essential for corporate planning. Students will enhance their mathematical prowess and learn to solve genuine commercial problems using diverse concepts and data. Ideal for those keen on applying analytical expertise in practical settings, this degree prepar...
Career opportunities
Estimated fee
From $29,400
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Estimated fee
From $37,856
Study mode
Blended, On Campus
The Bachelor of Advanced Science (Honours) (Mathematics) challenges and expands students' problem-solving, logical thinking, and conceptual abilities. This course develops quantitative and analytical skills, providing a strong foundation in calculus, linear algebra, probability, discrete mathematics, mathematical analysis, and modelling. Students gain comprehensive knowledge, enabling them to tackle complex mathematical problems and apply their skills across diverse fields, preparing them for successf...
Career opportunities
Estimated fee
From $37,856
Study mode
Blended, On Campus
Find a provider
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Related career opportunities
Browse occupations related to Actuary.
Common questions
How much does an Actuary earn?
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.
What are the job opportunities for an Actuary?
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
How do I become an Actuary?
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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More information
An Actuary interprets information and data to assist with financial decision making. You might analyse data from a range of sources and assess the risk to an organisation. Actuaries may work in banking, insurance and other financial industries. You may make predictions and guide the development of policies and strategies.
Actuaries require expert analytical skills and must be able to prepare accurate information. You’ll need to be a good communicator and be able to convey your findings to a range of stakeholders. Actuaries should have strong attention to detail and be able to follow correct procedures. You might work as part of a larger team in this role.
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