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.