Steps to apply for an Australian actuary
1. Apply for a bachelor's degree in actuarial science from an Australian university-a student member of the Association of Actuaries;
2. Apply for an honorary bachelor's degree in actuarial science from Australian University -AIAA; Member of the Association of Actuaries;
Any 2 of 3.5 specialized courses;
4. 1 year recognized practical work experience;
5 or 2 days intensive lecture vocational course -FIAA actuary.
Employment direction of actuarial specialty in Australia
Through the study of this major, graduates can be investment analysts, fund managers, investment managers, treasury managers, actuarial insurance brokers, consultants, senior managers and so on.
Employment prospects of actuaries
According to the statistics of Australian Actuaries Association, the starting salary of a professional who has just obtained the title of actuary (FIAA) in Australia is about 95,000 to 1 1 10,000 Australian dollars, and the annual salary increase is at least 1 1000 Australian dollars. A senior and experienced actuary can earn about A $200,000 a year. It can be said that money is clever.
Actuaries are senior professionals, and there are only 1 1,000 professionals with the title of actuary in Australia. With the rapid economic growth and financial internationalization in recent years, the demand for actuarial professionals in China is increasing. Experts studying in Australia have learned that there are very few actuaries in the real sense in China, and there are only a handful of talents with overseas study experience and certificate certification. Whether you choose to stay in Australia for employment or return to China for development, there will be broad room for development.
Australian actuary study course
The actuarial qualification examination and training in Australia can be divided into three parts, including basic courses, assistant courses and researcher courses.
1, the basic course * * * contains 8 courses, and the Australian Actuarial Association does not set the examination for this stage of the course. Students who have completed 15 of the 24 courses of bachelor's degree in actuarial science will be recognized by the Australian Actuarial Association, and 8 courses will be exempted.
2. The quasi-actuary course needs to be studied in the organization offering the second part of actuarial course, and it can be recognized as a quasi-actuary by the Australian Actuary Association as long as it passes the examination.
3. Take the qualification examination organized by Australian Actuaries Association. Candidates can choose two exams from five professional courses (including life insurance actuarial practice, non-life insurance actuarial practice, pension actuarial practice, investment management and finance). After passing the third part of the exam, you can be recognized as a full member of the Australian Actuarial Association, that is, an actuary, as long as you attend a two-day vocational training short course organized by the Actuarial Society and have one year of practical work experience.