Mathematicians, Statisticians, and Actuaries
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Job description
Mathematicians and Statisticians conduct research on mathematical or statistical theories. They try to solve problems in science, engineering, business, and social Sciences.
Actuaries assess the potential financial impact of future circumstances. To do so, they use concepts related to mathematics, statistics, probability, and risk.
These individuals work for:
- Universities
- The government
- Banks and trust companies
- Insurance companies
- Science, engineering, and pension consulting firms
- Professional associations
Environment
- Controlled ambient temperature
Main tasks
Mathematicians
- Conduct research to further knowledge in various areas of mathematics (algebra, geometry, logic, etc.).
- Apply mathematical techniques to solve problems in various fields (physical sciences, engineering, computer science, management, etc.).
Statisticians
- Research the mathematical foundations of statistical science.
- Develop statistical methods and advise on their practical applications.
- Apply statistical theories and methods to other fields (biology, agriculture, commerce, etc.).
Actuaries
- Develop life, health, and property insurance policies.
- Apply mathematical models to forecast and calculate premiums, contributions, and benefits associated with retirement insurance, plans, and pensions.
- Participate in decision-making on the distribution of assets in portfolios and on risk management.
- Provide legal evidence on the value of future gains in portfolios.
Advancement and mobility
- Experience leads to teaching positions.
Actuaries
- Experience leads to management positions.
Hourly wage
The hourly wage is calculated by averaging wages from 2022 to 2024.- Minimum
- $28.21
- Median
- $50.48
- Maximum
- $76.92
Job prospects for 2024-2028
Job prospects for 2024-2028
Job prospects
All of Québec
All of Québec
Total jobs for 2023
All of Québec
All of Québec
Gender distribution
All of Québec
- 42.2% Female
- 57.8% Male
- 42.2% Female
- 57.8% Male
Job types
All of Québec
- Full time
- Part time
- Full time
- Part time
Yearly wage on 2020
All of Québec
All of Québec
Other characteristics
All of Québec
- None
All of Québec
- None
Sectors of activity
All of Québec
-
NAICS 52433% of jobs
-
NAICS 5416, 541725% of jobs
-
NAICS 9122% of jobs
-
NAICS 621, 622, 6234% of jobs
-
NAICS 521, 522, 523, 5264% of jobs
-
Others12% of jobs
All of Québec
-
NAICS 52433% of jobs
-
NAICS 5416, 541725% of jobs
-
NAICS 9122% of jobs
-
NAICS 621, 622, 6234% of jobs
-
NAICS 521, 522, 523, 5264% of jobs
-
Others12% of jobs
Training and requirements
Formation
Most training programs are offered in French only.
University
Actuarial science
Bachelor’s degree
Placement rate: 87.5%
6.3% of graduates pursue further studies
Applied mathematics
Master’s degree
Placement rate: 57.1%
42.9% of graduates pursue further studies
Demography
Master’s degree
Placement rate: 85.7%
14.3% of graduates pursue further studies
Mathematics
Bachelor’s degree
Placement rate: 62.5%
28.9% of graduates pursue further studies
Master’s degree
Placement rate: 53.8%
35.9% of graduates pursue further studies
Probability and statistics
Bachelor’s degree
Placement rate: 62.5%
37.5% of graduates pursue further studies
Master’s degree
Placement rate: 60%
30% of graduates pursue further studies
Also required
Actuaries
- Recognition by the Canadian Institute of Actuaries.
Main skills and characteristics
Skills
- Mathematics
- Information processing
- Data collection
- Reading comprehension
- Critical thought
- Active learning
- Solving complex problems
- Oral expression
- Judgment and decision-making
- Science
- Active listening
- Written expression
- Programing
- System analysis
- Result evaluation
- Systems evaluation
- Learning strategies
Abilities
- Mathematical reasoning
- Basic numeracy
- Deductive reasoning
- Inductive reasoning
- Awareness of issues
- Information organization
- Near vision
- Written comprehension
- Written expression
- Oral comprehension
- Verbal skills
- Classification
- Speech clarity
- Idea generation
- Speech recognition
- Originality
- Selective attention
- Information processing speed
- Perception speed
Knowledge and attributes
- Critical thinking
- Focussed on results
- Perseverance
- Knowledge of economics and accounting
- Commitment
- Knowledge of mathematics
- Rigour
- Knowledge of computer science, digital and electronics
- Creativity
- Desire to upgrade one’s competencies
Interests
- Draft, communicate, and inform
- Work with numbers
- Carry out research
Personality profiles (RIASEC)
- Investigative
- People with this profile prefer relying on theoretical knowledge before acting. They like observation, analysis and problem solving.
- Realistic
- People with this profile prefer carrying out concrete tasks and being physically involved in what they do.
- Artistic
- People with this profile prefer to express their emotions and thoughts through various art forms. They like to use their imagination.
Official name of the NOC 21210
Mathematicians, statisticians and actuaries
Job titles
- Statisticians
- Mathematicians
- Actuaries
- Research mathematician
- Survey statistician
- Associate actuary
- Casualty actuary
- Life actuary
- Insurance actuary
- Consulting actuary
- Consulting pension actuary
- Actuarial assistant
- Actuarial analyst
- Operations research analyst
- Statistical analyst
- Senior actuarial analyst
- Biometrician
- Biostatistician
- Statistical consultant
- Cryptanalyst
- Cipher expert
- Demographer
- Epidemiologist (except physician and veterinarian)
- Environmental epidemiologist
- Applied mathematician
- Industrial statistician
- Mathematical statistician
- Biological and agricultural science statistician
- Chemistry statistician
- Business and economics statistician
- Education statistician
- Financial statistician
- Public health statistician
- Medical statistician
- Physical science and engineering statistician
- Social science statistician
- Opinion polling statistician
- Applied statistician
- Sales statistician
- Analysis supervisor - statistics
Skill type
Natural and applied sciences and related occupations
Related occupations
Last update: January 29, 2026