Actuary, Mathematician and Statistician

Actuaries, Mathematicians and Statisticians develop and apply actuarial, mathematical, statistical and quantitative principles and techniques to solve problems in a range of fields such as business and finance, scientific and social research, and engineering.

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$2060 per week
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0
in
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    Moderate

    Overview

    Actuaries, Mathematicians and Statisticians develop and apply actuarial, mathematical, statistical and quantitative principles and techniques to solve problems in a range of fields such as business and finance, scientific and social research, and engineering.

    Day-to-day

    • defining, analysing and solving complex financial and business problems relating to areas such as insurance premiums, annuities, superannuation funds, pensions and dividends
    • examining financial projections for general insurance companies, finance companies, government and other organisations
    • designing new types of policies, assessing risks and analysing investments in life insurance, superannuation funds, health insurance, friendly societies, financial markets and other areas
    • formulating mathematical models to simulate processes
    • applying models to experimental observations, and adjusting and recasting the models
    • using numerical analysis methods to develop algorithms and perform computations
    • liaising with management and clients to determine the subject or area to be surveyed or examined
    • specifying the data to be collected, and the methodology to be used in collection and analysis
    • evaluating and describing the reliability and utility of source information
    • analysing and interpreting data, and producing relevant statistics to describe and infer particular trends and patterns.

    To become an Actuary, Mathematician and Statistician

    Skills employers are looking for

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