Points-tested
For skilled applicants who may qualify on occupation, skills assessment, points and invitation.
EMC Australia / Occupations / ANZSCO 224111
Actuary 224111
Yes. Actuary (224111) can be used for an Australian visa. It is on the MLTSSL and CSOL. VETASSESS is the assessing authority. The stored subclasses are 189, 190, 491, 482, 186, 494, 485 and 407.
Actuary (224111): Apply mathematical, statistical and actuarial principles to solve problems and analyse data.
As an Actuary (ANZSCO 224111), you use mathematics, statistics and financial theory to measure and price long-term risk in insurance, superannuation and investment products. The occupation sits in unit group 2241 Actuaries, Mathematicians and Statisticians, which ANZSCO describes as people who apply mathematical, statistical and actuarial principles to solve problems and analyse data. You will typically work in life and general insurers, superannuation funds, actuarial consultancies, banks and government regulators. See how this occupation can connect to points-tested skilled visas, state nomination and employer sponsorship — including a VETASSESS skills assessment.
ANZSCO
224111
Assessing authority
VETASSESS
Occupation lists
MLTSSL · CSOL
Industry
Business, finance & accounting
Can this occupation migrate?
Potentially — if the list, the assessment and the rest of the profile fit.
Actuary can be relevant to skilled and employer-sponsored pathways. Your actual options depend on age, English, qualifications, work history, the skills assessment, points, state nomination, and whether an employer can sponsor the position. A place on a list is not a grant.
Potential visa pathways
Start with the pathway type, not only the subclass.
Employer-sponsored
For applicants with an Australian employer willing and able to sponsor an eligible position.
Other pathways
These are the other subclasses stored for this occupation.
State nomination
Lists change. We check this year’s program.
Whether Actuary is open for 190 or 491 depends on the state, the stream, and the month. NSW, Victoria, Queensland, South Australia, Western Australia, Tasmania, the ACT and the Northern Territory each run their own program. Occupation-specific status is checked against the current list — not a screenshot from last year.
EOI and state nomination- NSWclosed
- VICclosed
- QLDclosed
- SAunavailable
- WAnot announced
- TASopen
- ACTnot announced
- NTclosed
Skills assessment
Skills assessment for Actuary
The assessment tests whether your qualification and work match this nominated occupation. VETASSESS is the usual authority. Confirm it on the current Home Affairs list before you apply. A suitable outcome is generally required before a points-tested EOI.
How skills assessments workPoints and other factors
The occupation is only the starting point.
Age
Points sit in set age bands. Confirm the current test before you claim a number.
English
Competent English is the usual baseline. Proficient or superior English can add points.
Skilled employment
Work in the nominated or closely related occupation can add points. Dates have to survive a skills assessment.
Qualifications
Recognised qualifications can add points. The assessing authority decides comparability.
Australian study and partner
Australian study, specialist education, partner skills or community language may add points.
Nomination
State nomination (190) or regional nomination (491) can add points. 189 has neither.
Occupation match
Is Actuary the right code?
Nominate the work you actually do, not the job title on a card. Confirm the official ANZSCO description before you pay for an assessment.
- Build models of mortality, morbidity, claims or investment returns.
- Price insurance and superannuation products.
- Value liabilities and calculate reserves for regulatory reporting.
- Assess capital adequacy and solvency risk.
- Explain actuarial results to boards, regulators and clients.
Questions
Before you start an assessment
An Actuary is employed to use mathematics, statistics and financial theory to measure and price long-term risk in insurance, superannuation and investment products. Typical tasks include: build models of mortality, morbidity, claims or investment returns; value liabilities and calculate reserves for regulatory reporting; and assess capital adequacy and solvency risk.
Related occupations
Roles often confused with this one.
These are similar job titles. The visa list and skills assessment still depend on the code that matches the work you do.
Not sure which pathway fits.
Tell us the occupation, the assessment if you have one, and where you are willing to live. We will say whether 189, 190, 491 or an employer visa is worth the next fee.