224111 : Actuary


224111: Actuary

Skill Level  1  Assessing Authority  VETASSESS
ANZSCO VERSION 1.3, CAT. NO. 1220.0 
Major Group:2 - Professionals
Sub-Major Group:22 - Business, Human Resource and Marketing Professionals
Minor Group:224 - Information and Organisation Professionals
Unit Group:2241 - Actuaries, Mathematicians and Statisticians

Description

Analyses mathematical, statistical, demographic, financial or economic data to predict and assess the long-term risk involved in financial decisions and planning. Registration or licensing is required.

Unit Group 2241: Actuaries, Mathematicians and Statisticians

Description

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. Econometricians are excluded from this unit group. Econometricians are included in Unit Group 2243 Economists.

Indicative Skill Level  1

In Australia and New Zealand:

Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).

Registration or licensing may be required.

Australian Bureau of Statistics, 2013, ANZSCO - Australian and New Zealand Standard Classification of Occupations, 2013, Version 1.3, cat. no. 1220.0, https://www.abs.gov.au/ausstats/[email protected]/mf/1220.0