How to become a statisticians and actuaries Mathematician
Official title: Mathematicians, statisticians and actuaries
Also called: Actuary, Life actuary, Statistician, Mathematician, Casualty actuary, Associate actuary, Insurance actuary, Consulting actuary, Sales statistician, Vital statistician, Survey statistician, Applied statistician
Mathematicians and statisticians research mathematical or statistical theories, and develop and apply mathematical or statistical techniques for solving problems in such fields as science, engineering, business and social science. Actuaries apply mathematics, statistics, probability and risk theory to assess potential financial impacts of future events. Mathematicians, statisticians and actuaries are employed by universities, governments, bank and trust companies, insurance companies, pension benefit consulting firms, professional associations, and science and engineering consulting firms.
Main tasks
- Mathematicians
- Conduct research to extend mathematical knowledge in traditional areas of mathematics such as algebra, geometry, probability and logic
- Apply mathematical techniques to the solution of problems in scientific fields such as physical science, engineering, computer science or other fields such as operations research, business or management
- Statisticians
- Conduct research into the mathematical basis of the science of statistics
- Develop statistical methodology and advise on the practical application of statistical methodology
- Apply statistical theory and methods to provide information in scientific and other fields such as biological and agricultural science, business and economics, physical sciences and engineering, and the social sciences
- Actuaries
How to become one
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.
Ways in
- University: Business & Commerce degrees, Offered by 17 universities in Canada
- University: Mathematics & Statistics degrees
Pay · Outlook
- Median pay: $99,450 a year The middle half earn $81,569 to $131,255.
- About 16,000 people worked in this job in 2023, and about 18,000 are projected by 2033. (+12.5%)
- Projected labour market to 2033: balance.
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Questions people ask
How do I become a statisticians and actuaries Mathematician?
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.
How much does a statisticians and actuaries Mathematician earn in Canada?
Median full-time pay is $99,450 a year (Employment and Social Development Canada (Job Bank)). The middle half earn $81,569 to $131,255.
Is a statisticians and actuaries Mathematician a growing career in Canada?
Yes. Employment is projected to grow 13% by 2033, from about 16,000 to about 18,000 people (Employment and Social Development Canada).
Do you need a degree to become a statisticians and actuaries Mathematician?
Usually. 96% of people in this job hold a bachelor's degree or higher.
Sources
- Statistics Canada: Census 2021: employment by occupation, gender and education (98-10-0449) (2021 Census), Statistics Canada Open Licence, retrieved 2026-10-03
- Statistics Canada: National Occupational Classification (NOC) 2021 (Version 1.0), Open Government Licence - Canada, retrieved 2026-10-03
- Employment and Social Development Canada: Canadian Occupational Projection System (COPS) (2024 to 2033), Open Government Licence - Canada, retrieved 2026-10-03
- Employment and Social Development Canada (Job Bank): Wages by occupation (2025 (revised 2025-11-19)), Open Government Licence - Canada, retrieved 2026-10-03
Updated 2026-10-03