Actuary 2293-15
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Job description
Applies mathematical, statistical and economic analyses to a wide range of practical problems in areas of finance such as insurance, superannuation and investment.
Skill level
The entry requirement for this occupation is a bachelor degree or higher qualification. In some instances relevant experience is required in addition to the formal qualification. Registration or licensing is required.
Note: If you are seeking a skills assessment for skilled migration purposes, different skill level requirements may apply. For information on skills assessment, see the relevant skills assessing authority below.
Skilled occupation information
Points awarded for General Skilled Migration puposes are shown in the table below.
The table also shows if this occupation is on the Skilled Occupation List (SOL), part of the Employer Nomination Scheme and on the Migration Occupations in Demand List (MODL).
| Points | SOL | ENSOL | MODL |
|---|---|---|---|
| 50 | Yes | Yes | No |
Skills assessment authority
Before you can migrate to Australia as a skilled migrant you must have your skills assessed by the relevant national assessment authority. The assessment authority for your occupation is:
Vocational Education and Training Assessment Services (VETASSESS)
VETASSESS is the authority in Australia responsible for assessing this occupation for the purposes of skilled migration.
Factors which are taken into account in assessments include the education system of the country concerned, the awarding institution, and the level, structure, length and content of the program of study undertaken.
This occupation may also require you to obtain licensing and registration from the relevant professional body before you can practise your occupation in Australia.
For more information about having your qualification assessed contact VETASSESS.
Vocational Education and Training Assessment Services
VETASSESS
GPO Box 2752
MELBOURNE VIC 3001
AUSTRALIA
Telephone: 61 3 9655 4801
Fax: 61 3 9654 3385
Email: vetassess@vetassess.com.au
Website: http://www.vetassess.com.au
For State/ Territory information please see below.
Licensing or registration requirements
In many occupations you must be registered with or obtain a license from a local authority in the state or territory where you wish to practise your occupation. Select from the following state links to find out details of the local authority in your state.
New South Wales
Only Fellows and Accredited member of The Institute of Actuaries of Australia may use the title 'Actuary'.
The Institute of Actuaries of Australia (IAAust)
Level 7, Challis House
4 Martin Place
Sydney NSW 2000
Telephone: 61 2 9233 3466
Fax: 61 2 9233 3446
Email: actuaries@actuaries.asn.au
Website: http://www.actuaries.asn.au
Victoria
Only Fellows and Accredited member of The Institute of Actuaries of Australia may use the title 'Actuary'.
The Institute of Actuaries of Australia (IAAust)
Level 7, Challis House
4 Martin Place
Sydney NSW 2000
Telephone: 61 2 9233 3466
Fax: 61 2 9233 3446
Email: actuaries@actuaries.asn.au
Website: http://www.actuaries.asn.au.
Queensland
Only Fellows and Accredited member of The Institute of Actuaries of Australia may use the title 'Actuary'.
The Institute of Actuaries of Australia
Level 7, Challis House
4 Martin Place
Sydney NSW 2000
Telephone: (02) 9233 3466
Email: insact@actuaries.asn.au
Website: http://www.actuaries.asn.au
South Australia
Only Fellows and Accredited members of The Institute of Actuaries of Australia may use the title 'Actuary'.
The Institute of Actuaries of Australia (IAAust)
Level 7, Challis House
4 Martin Place
Sydney NSW 2000
Telephone: 61 2 9233 3466
Fax: 61 2 9233 3446
Email: actuaries@actuaries.asn.au
Website: http://www.actuaries.asn.au
Western Australia
Only Fellows and Accredited member of The Institute of Actuaries of Australia may use the title 'Actuary'.
The Institute of Actuaries of Australia (IAAust)
Level 7, Challis House
4 Martin Place
Sydney NSW 2000
Telephone: 61 2 9233 3466
Fax: 61 2 9233 3446
Email: actuaries@actuaries.asn.au
Website: http://www.actuaries.asn.au
Tasmania
Only Fellows and Accredited member of The Institute of Actuaries of Australia may use the title 'Actuary’.
The Institute of Actuaries of Australia
Level 7, Challis House
4 Martin Place
Sydney NSW 2000
Telephone: 61 2 9233 3466
Fax: 61 2 9233 3446
Email: actuaries@actuaries.asn.au
Website: http://www.actuaries.asn.au
Northern Territory
Only Fellows and Accredited member of The Institute of Actuaries of Australia may use the title 'Actuary'.
The Institute of Actuaries of Australia (IAAust)
Level 7, Challis House
4 Martin Place
Sydney NSW 2000
Telephone: 61 2 9233 3466
Fax: 61 2 9233 3446
Email: actuaries@actuaries.asn.au
Website: http://www.actuaries.asn.au
Australian Capital Territory
Only Fellows and Accredited member of The Institute of Actuaries of Australia may use the title 'Actuary'.
The Institute of Actuaries of Australia (IAAust)
Level 7, Challis House
4 Martin Place
Sydney NSW 2000
Telephone: 61 2 9233 3466
Fax: 61 2 9233 3446
Email: actuaries@actuaries.asn.au
Website: http://www.actuaries.asn.au
Additional training
You may require additional training in Australia before you can get your skills recognised, licensed or registered. For more information contact the relevant state or territory licensing or registration body listed above. You can also check with the Overseas Qualifications Unit in your state or territory.
See: Overseas Qualifications Unit
Industry association memberships
You may benefit from becoming a member of a relevant industry association for your occupation. This could help you with your employment prospects, networking, contact with industry and professional development and may provide you with important information and support.
New South Wales
Not listed at this time
Victoria
Not listed at this time
Queensland
Not listed at this time
South Australia
Not listed at this time
Western Australia
Not listed at this time
Tasmania
Not listed at this time.
Northern Territory
Not listed at this time.
Australian Capital Territory
Not listed at this time