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 advancing your career in the financial sector, exploring Actuary courses in Melbourne is a fantastic opportunity. Melbourne boasts a selection of high-quality educational offerings in the field of actuarial science, suitable for experienced learners looking to deepen their expertise. Whether you're interested in a Bachelor of Actuarial Science, a Master of Actuarial Science, or a Bachelor of Commerce (Actuarial Studies), Melbourne's institutions provide solid foundations for your career advancement.
Renowned institutions such as Monash University and The University of Melbourne offer these highly regarded courses. Both universities are celebrated for their commitment to excellence in education, equipping students with essential skills and knowledge in actuarial practices. By choosing one of these institutions, you're not just getting a degree; you're joining a network of successful professionals in the vibrant Melbourne actuarial community.
If you're ready to make a significant impact in the field of actuarial science, consider enrolling in one of the available Actuary courses in Melbourne today. With a diverse range of programmes to choose from and expert faculty guiding you along the way, you're well-positioned to thrive in an industry that demands precision and analytical expertise. Start your journey by exploring the courses available here.