Are actuaries in demand in Australia?

In Australia, the number of qualified actuaries is 2,972*. Senior actuaries can easily earn over $300,000 a year. Actuaries are in demand and well-rewarded for their analytical and problem solving skills in a growing number of industries.

Where are most actuaries employed?

Most U.S. actuaries work on the East Coast, Midwest, Texas or California. The reason for this is that most insurance companies and other large employers are located in these states. Therefore, most consulting firms set up offices close to their clients or potential clients.

How much does an actuary make in Canada?

The average actuary salary in Canada is $107,650 per year or $55.21 per hour. Entry-level positions start at $91,461 per year, while most experienced workers make up to $132,375 per year.

How do I become an actuary in Australia?

To work as an actuary in Australia, you need a degree in the field in addition to completing the Institute of Actuaries education program. Complete a Bachelor of Actuarial Studies or a Bachelor of Commerce (majoring in Actuarial Studies) at an accredited university.

Where do actuaries work in Canada?

Mathematicians, statisticians and actuaries are employed by universities, governments, bank and trust companies, insurance companies, pension benefit consulting firms, professional associations, and science and engineering consulting firms.

Which companies are hiring Actuaries in Brisbane?

A fast growing Life Insurance company is currently hiring for an Actuary to join their actuarial valuation & capital team in Brisbane. This is an exciting time to join HBF, and as we continue to grow we are seeking new talent to join our Actuarial team.

What does a senior actuarial analyst do?

Senior Actuarial Analyst, Life Valuation The senior actuarial analyst will provide actuarial, analytical and technical support to the Valuation Actuary… We are Australia’s largest superannuation fund, here to help members achieve their best possible retirement outcome.

Do Actuaries move from country to country?

As far as I know, that is true everywhere. If there were a surplus of actuaries in one country they would probably move – most of the professional bodies have reciprocal agreements where they recognise each other’s qualifications so moving is relatively easy.

Should I become a qualified actuary?

If a job requires a qualified actuary (which some do by law, and others essentially do if the career path is taking you towards a statutory position – you don’t want to hire someone with no prospects for advancement), then there aren’t many to choose from. If you are a qualified actuary, therefore, someone is going to want you.