Actuary (NSW) | Job Guide

Actuary (NSW/ACT)

Education and Training:

To become an actuary you usually have to study actuarial studies or actuarial science at university. To get into these courses you usually need to gain your HSC/ACT Year 12. Prerequisite subjects, or assumed knowledge, in one or more of English and mathematics are normally required. A number of universities in Australia offer degrees in these areas. Universities have different prerequisites and some have flexible entry requirements. Contact the universities you are interested in for more information as requirements may change.

You may also consider other degrees that emphasise mathematics, statistics or economics.

Additional Information:

To become a fully qualified actuary you must obtain a Fellowship of the Institute of Actuaries of Australia by satisfactorily completing its examinations and a recognised professionalism course.

Related Courses:

While the following courses are related to this occupation, they may not necessarily lead directly to employment, nor provide the most direct pathway to the occupation. Courses which provide preliminary or informal training, as well as those which provide additional job skills following initial qualifications may also be listed.

*Course is offered by more than one institution. Click link for details.

Employment Opportunities:

This is a small, highly skilled profession, providing expertise that is in steady demand throughout the world. Most actuaries are employed by companies offering a range of financial services or by the government. Some actuaries work as consultants. An increasing number of actuaries are engaged in work connected with the stock exchange, such as investment management. Entry to this occupation is restricted by the standards required.

For Further Information:

The Institute of Actuaries of Australia (National Office)

(02) 9233 3466

actuaries@actuaries.asn.au

www.actuaries.asn.au

Information for other states and territories:

Job Guide