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21210 - Mathematicians, Statisticians, and Actuaries

Broad Occupation Category

2 - Natural and applied sciences and related occupations.

TEER

1 - Occupations usually require a university degree.

Major Group

21 - Professional occupations in natural and applied sciences.

Sub-major Group

212 - Professional occupations in applied sciences (except engineering).

Minor Group

2121 - Mathematicians, statisticians, actuaries, and data scientists.

Main Duties

Mathematicians, Statisticians, and Actuaries perform some or all of the following duties:

  • Conduct theoretical research in algebra, geometry, probability, and logic
  • Apply mathematical models to engineering, computing, operations research, and management
  • Develop statistical methodologies
  • Analyze data across scientific, business, and social-science fields
  • Advise on real-world applications of statistical theory
  • Forecast insurance and pension liabilities
  • Design insurance products and calculate premiums
  • Support investment and risk-management decisions
  • Provide expert testimony on financial projections

Employment Requirements

These are the typical employment requirements and benefits associated with this occupation in Canada:

  • A graduate degree in mathematics or statistics is usually required for mathematician and statistician roles.
  • Post-secondary education in actuarial science, economics, or a related field is usually required for actuary roles.
  • Fellowship through the Canadian Institute of Actuaries typically requires successful completion of professional examinations and approximately three years of relevant work experience.
  • Many employers offer health benefits, pension contributions, paid leave, training support, and professional development opportunities.

Mathematicians, Statisticians, and Actuaries Salary Prospects

Community/AreaCanada
Low ($/hour)30.43
Median ($/hour)46.70
High ($/hour)73.33
Community/AreaManitoba
Low ($/hour)26.21
Median ($/hour)43.59
High ($/hour)63.59
Community/AreaNew Brunswick
Low ($/hour)21.00
Median ($/hour)36.15
High ($/hour)44.75
Community/AreaNewfoundland and Labrador
Low ($/hour)21.00
Median ($/hour)36.15
High ($/hour)44.75
Community/AreaNova Scotia
Low ($/hour)21.00
Median ($/hour)36.15
High ($/hour)44.75
Community/AreaOntario
Low ($/hour)34.34
Median ($/hour)50.77
High ($/hour)78.37
Community/AreaQuebec
Low ($/hour)25.58
Median ($/hour)46.70
High ($/hour)71.43

Want to know all the salary details? Visit our NOC page for 21210!

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NOC 21210Mathematicians, Statisticians, and Actuaries

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