How to Apply for PR as an Actuary in Australia

Becoming an Actuary in Australia is a highly rewarding pathway with strong career prospects and clear migration opportunities. In this guide, we explain everything you need to know about becoming an Actuary in Australia, from qualifications to skills assessments and visa options.

What You Need to Become an Actuary in Australia

Academic Requirements

To become an Actuary in Australia, you must generally hold:

• An AQF Bachelor’s degree or higher in Actuarial Science; or

• A degree in Mathematics or Statistics, provided it includes all six core subjects required by the Actuaries Institute:

  • Actuarial Statistics

  • Risk Modelling and Survival Analysis

  • Actuarial Mathematics

  • Financial Engineering and Loss Reserving

  • Business Finance

  • Business Economics

Skills Assessment Requirements

A positive skills assessment is required to work or migrate as an Actuary in Australia. The skills assessment is conducted by VETASSESS and typically requires:

• At least one year of highly relevant, post-qualification employment completed in the last five years

• Employment experience aligned with actuarial tasks and responsibilities

• Evidence of academic alignment with the Actuaries Institute requirements

Registration or Licensing

Depending on your role and state or territory, registration or licensing requirements may apply, especially in specialised financial and risk management roles.

English Language Requirements

You will need to demonstrate English proficiency through IELTS, PTE, or an equivalent test. The required scores vary depending on your visa subclass.

Visa Pathways for Actuaries in Australia

Actuary is listed on the Medium and Long-term Strategic Skills List (MLTSSL) and the Core Skills Occupation List (CSOL), providing multiple visa options.

Skilled Migration Options

• Subclass 189 Skilled Independent Visa

• State sponsored 190 Visa

• State sponsored Regional 491 Visa

Employer-Sponsored Options

• Subclass 482 Skills in Demand Visa

• Subclass 186 Employer Nomination Scheme

• Subclass 494 Regional Employer Sponsored Visa

• Subclass 407 Training Visa

How to Apply for PR as an Actuary in Australia: Book a Consultation

Actuaries in Australia enjoy strong demand, high salaries and excellent long-term career prospects. With the occupation listed on the MLTSSL and CSOL, skilled migration pathways are accessible for qualified applicants with the right academic background and a positive skills assessment.

Book a consultation if you need guidance on your skills assessment, course options, or visa eligibility as an Actuary in Australia or other occupation you are interested in.

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