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ANZSCO 224111Updated 2026-01-29
Actuary
National shortage level: Strong
ANZSCO 224111OSCA 223131
Snapshot
Median pay: AUD 106k
Weekly earnings: AUD 2040
Salary range: AUD 96k-AUD 117k
Job ads trend: Not listed
Time to hire: Varies
Visa pathways: Check eligibility
State distribution
72%
NSW
17.6%
VIC
4.7%
QLD
Education mix
70%
bachelor degree
25.1%
Post graduate
2%
year 12
Role overview
Actuaries analyse mathematical, statistical, demographic, financial or economic data to predict and assess the long-term risk involved in financial decisions and planning.
What you do
- • Defines, analyses and solves complex financial and business problems relating to areas such as insurance premiums, annuities, superannuation funds, pensions and dividends.
- • Examines financial projections for general insurance companies, finance companies, government and other organisations.
- • Designs new types of policies, assesses risks and analyses investments in life insurance, superannuation funds, health insurance, friendly societies, financial markets and other areas.
Core skills
Credentials & pathway
- Recommended level: bachelor degree (70%)
Recent job ads
No ads listed yet.
Tasks
- • Defines, analyses and solves complex financial and business problems relating to areas such as insurance premiums, annuities, superannuation funds, pensions and dividends.
- • Designs new types of policies, assesses risks and analyses investments in life insurance, superannuation funds, health insurance, friendly societies, financial markets and other areas.
- • Examines financial projections for general insurance companies, finance companies, government and other organisations.
Earnings
Weekly median: AUD 2040
Annual median: AUD 106k
Range: AUD 96k-AUD 117k