224111: Actuary
Labour market
Skills assessment
Agreements
ANZSCO Identity
ANZSCO code
224111
Skill level
Level 1
Unit group
2241
Mathematical Science Professionals
Skills assessor
VETASSESS
ANZSCO 224111 identifies Actuary as a Skill Level 1 occupation in the Mathematical Science Professionals unit group (2241), classified under Business, Human Resource and Marketing Professionals. 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. The designated skills assessing authority for this occupation is Vocational Education and Training Assessment Services (VETASSESS).
Migration snapshot
Workforce snapshot
Based on ABS data, workers in the Mathematical Science Professionals unit group earn an average of $2,186 per week — above the national average of $1,436 per week. Female workers average $2,128 per week and male workers average $2,217 per week. The average age of workers in this group is 39.1 years, broadly in line with the national workforce average of 41 years.
Avg. weekly earnings
$2,186
↑ 52% above national avg
Female avg.
$2,128
↑ 48% above national avg
Male avg.
$2,217
↑ 54% above national avg
Average age
39.1 yrs
↓ younger than national avg
Bar scale to $3,000/wk · Marker line = $1,436 national average
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