Average Actuary with Financial Modeling Skills Salary in Melbourne, Victoria

AU$104,762
Avg. Base Salary (AUD)
25%
A$74k
MEDIAN
A$105k
75%
A$127k

The average salary for an Actuary is AU$104,762

Base Salary
AU$74k - AU$127k
Bonus
AU$0 - AU$10k
Total Pay
AU$88k - AU$142k
Is Average Actuary with Financial Modeling Skills Salary in Melbourne, Victoria your job title? Find out what you should be paid
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What Do Actuaries Do?

Actuary Tasks
  • Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.
  • May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.
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FAQs About Actuaries

What is the highest pay for Actuaries in Melbourne?

Our data indicates that the highest pay for an Actuary in Melbourne is A$NaN / year

What is the lowest pay for Actuaries in Melbourne?

Our data indicates that the lowest pay for an Actuary in Melbourne is A$NaN / year

How can Actuaries increase their salary?

Increasing your pay as an Actuary is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Actuary that oversees more junior Actuaries, this experience can increase the likelihood to earn more.