Actuary, Kaitauwhiro pūtea
Also known as
- Actuarial scientist, actuarial analyst, appointed actuary, valuation actuary, pricing actuary, risk modelling actuary, actuarial data scientist
Actuaries predict and assess the financial risks and impacts of future events. They work in areas like insurance, superannuation and investment.
Duration
1:53 mins
Your pay could be
$68K
Lower
$99K to $244K
Most common
$336K
Upper
How does this pay compare?
Pay is before tax
Your training could be
6-8 years
Actuaries
- usually work regular business hours
- usually work in offices
- need to be methodical, accurate and identify and solve problems
Tasks
- assess financial risks
- analyse data to predict future events
- develop risk management plans
- use applied mathematics
- negotiate contracts
- write financial reports
- use data to give pricing recommendations
Organised
Investigative
Enterprising
Interests that fit this job
Interest quiz,
Kairoro Kaingākau
Do the Interest quiz to find out how well your interests fit with this job.
Do the quizYou need a qualification to become an actuary.
You need
- to complete exams and professional requirements through an international actuary body
You may need
- a Bachelor of Commerce (Actuarial Science) or similar
- a Bachelor of Science (Actuarial Science) or similar
- a bachelor's degree in mathematics and statistics, banking and finance or similar area
- a Postgraduate Certificate in Actuarial Science
- experience in similar work
- to be a member of the New Zealand Society of Actuaries
If you’re in school
You usually need University Entrance to do the study or training for this job.
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