Job prospects Senior Actuarial Analyst in British Columbia

Explore current and future job prospects for people working as a "senior actuarial analyst" in British Columbia or across Canada.

Job opportunities in British Columbia

These outlooks were updated on December 11, 2024.

Prospects over the next 3 years

The employment outlook will be moderate for Mathematicians, statisticians and actuaries (NOC 21210) in British Columbia for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• Not many positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

Here are some key facts about Mathematicians, statisticians and actuaries in British Columbia:

• Approximately 800 people worked in this occupation in May 2021.
• Mathematicians, statisticians and actuaries mainly work in the following sectors:
  • Other professional, scientific and technical services (NAICS 5414, 5416-5419): 28%
  • Insurance Carriers and related activities (NAICS 524, 526): 16%
  • Universities (NAICS 6113): 13%
  • Hospitals (NAICS 622): 10%
  • Ambulatory health care services (NAICS 621): 8%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 94% compared to 78% for all occupations
  • Part-time workers: 6% compared to 22% for all occupations
• 81% of mathematicians, statisticians and actuaries work all year, while 19% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 weeks for all occupations.
• 6% of mathematicians, statisticians and actuaries are self-employed compared to an average of 17% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 53% compared to 52% for all occupations
  • Women: 48% compared to 48% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: n/a
  • high school diploma or equivalent: less than 5% compared to 28% for all occupations
  • apprenticeship or trades certificate or diploma: n/a
  • college certificate or diploma or university certificate below bachelor's: n/a
  • bachelor's degree: 35% compared to 22% for all occupations
  • university certificate, degree or diploma above bachelor level: 62% compared to 12% for all occupations

Breakdown by region

Explore job prospects in British Columbia by economic region.

Source Labour Market Information | Prospects Methodology

Job prospects elsewhere in Canada

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