Mathematicians, statisticians and actuaries (NOC 2161)

Mathematicians

• carry out research to gain mathematical knowledge in traditional areas such as algebra, geometry, probability and logic
• apply mathematical techniques to problem solving in areas like physical science, engineering, computer science, operations research, business or management

Statisticians:

• carry out research into the mathematical basis of the science of statistics
• develop statistical methods and advise on the practical application of statistical methods
• apply statistical techniques to provide information in fields such as biological and agricultural science; business and economics; physical sciences and engineering; and the social sciences

Actuaries:

• apply mathematical models to forecast and calculate the probable future costs of insurance and pension benefits
• design life, health, and property insurance policies and calculate premiums, contributions and benefits for insurance policies, pensions and superannuation plans
• assist investment fund managers in portfolio asset distribution decisions and risk management
• use these techniques to provide legal evidence on the value of future earnings

Work in this occupation is typically performed in a structured environment, such as an office or school.

Education, training & qualifications

• Mathematicians and statisticians usually require a graduate degree in mathematics or statistics.
• Actuaries usually require post-secondary education in actuarial science, mathematics, statistics, economics, commerce or business administration.
• Actuaries are conferred fellowships through the Canadian Institute of Actuaries upon successful completion of professional examinations
  and
  Three years of work experience in the actuarial field as an actuarial assistant or in a related position.

Skills

• Spatial Perception
• Verbal & Written Comprehension
• Numerical Ability
• Detail-Oriented
• Finger Dexterity

View skills definitions

Education programs in B.C.

The following program areas are related to this occupation:

For more information about programs offered specifically for this career, visit EducationPlannerBC.