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/Area
Low ($/hour)
Median ($/hour)
High ($/hour)
Community/AreaCanada
Low ($/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
