Actuary

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.

Future demand High
Average yearly income $124,800
Skill level Unknown

How do I become a actuary?

All skill levels Beginner Experienced

Bachelor of Actuarial Studies

On Campus
3 years
$0 - $40,590
  • There are no mandated entry requirements.
Additional requirements may apply.
  • There are no mandated entry requirements.
Additional requirements may apply.

Bachelor of Science (Applied Mathematics)

On Campus
3 years
$0 - $123,300
  • There are no mandated entry requirements.
Additional requirements may apply.
  • There are no mandated entry requirements.
Additional requirements may apply.

Bachelor of Science (Mathematics)

Blended, On Campus, Online
3 years
$0 - $123,300
  • There are no mandated entry requirements.
Additional requirements may apply.
  • There are no mandated entry requirements.
Additional requirements may apply.

Bachelor of Science (Honours) (Applied Mathematics)

Blended, On Campus
12 months
$0 - $8,500
  • There are no mandated entry requirements.
Additional requirements may apply.
  • There are no mandated entry requirements.
Additional requirements may apply.

Bachelor of Commerce (Actuarial Studies)

On Campus
3 years
$0 - $43,500
  • There are no mandated entry requirements.
Additional requirements may apply.
  • There are no mandated entry requirements.
Additional requirements may apply.

Bachelor of Mathematical Sciences (Honours)

On Campus
4 years
$0 - $33,204
  • There are no mandated entry requirements.
Additional requirements may apply.
  • There are no mandated entry requirements.
Additional requirements may apply.

Master of Mathematical Sciences

On Campus
18 - 24 months
$0 - $71,712
  • There are no mandated entry requirements.
Additional requirements may apply.
  • There are no mandated entry requirements.
Additional requirements may apply.

Master of Actuarial Practice

On Campus
24 - 30 months
$0 - $97,040
  • There are no mandated entry requirements.
Additional requirements may apply.
  • There are no mandated entry requirements.
Additional requirements may apply.

Master of Actuarial Science

On Campus
16 - 18 months
$0 - $65,820
  • There are no mandated entry requirements.
Additional requirements may apply.
  • There are no mandated entry requirements.
Additional requirements may apply.

Master of Actuarial Studies

Blended, On Campus
20 - 24 months
$0 - $75,040
  • There are no mandated entry requirements.
Additional requirements may apply.
  • There are no mandated entry requirements.
Additional requirements may apply.
*Showing course fees for all providers. Some providers may not be available in your area.

Related occupations

Common questions

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