21210 - Mathematicians, Statisticians, and Actuaries

Mathematicians, Statisticians, and Actuaries are in high demand throughout Canada’s Government, Public, and Private sectors. The demand for skilled workers under this TEER has been rapidly expanding post the pandemic, and this trend is expected to continue over the coming years. Many job opportunities will be available for Mathematicians, Statisticians, and Actuaries in Canada.

The high demand for skilled workers in this field has also resulted in competitive salaries and excellent benefits for Mathematicians, Statisticians, and Actuaries that can range from $58,500 to $141,100 per year, depending on experience, location, and specialization, but they tend to be higher than average in this industry.

Mathematicians, Statisticians, and Actuaries Jobs in Canada also offer many opportunities for career advancement in popular employment areas including universities, governments, bank and trust companies, insurance companies, pension benefit consulting firms, professional associations, and science and engineering consulting firms. Professionals have numerous opportunities to expand their skills and take on new challenges as Mathematicians, Statisticians, and Actuaries in Canada.

Mathematicians, Statisticians, and Actuaries in Canada can avail of a wide range of benefits, from strong job security to high compensation, a supportive work environment, a direct Canada PR for Mathematicians, Statisticians, and Actuaries pathway, and free healthcare. Canada is known for its welcoming and diverse culture, making it a great place for individuals under this TEER to live and work.

Let us help you Apply for Canada PR as Mathematicians, Statisticians, and Actuaries

Example Titles

• Actuary
• Biostatistician
• Consulting actuary
• Demographer
• Insurance actuary
• Mathematician
• Statistical analyst
• Statistician

Main Duties

This group performs some or all of the following duties:

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

• 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, and pension and superannuation plans.
• May assist investment fund managers in portfolio asset allocation decisions and risk management. They also use these techniques to provide legal evidence on the value of future earnings.

Employment Requirements

• 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.

Salary Prospects

Job Openings - TEER 21210

Over the period 2022-2031, new job openings for Mathematicians, Statisticians, and Actuaries are expected to total 4,600, while 2,800 new job seekers are expected to be available to fill them. Immigrants learning how to get Mathematician, Statistician, and Actuary Jobs in Canada from India can find it relatively easier to land a job under TEER 21210.