Job prospects Senior Actuarial Analyst in Nova Scotia

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

Job opportunities in Nova Scotia

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 Nova Scotia 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 moderate number of unemployed workers with recent experience in this occupation.

Here are some key facts about Mathematicians, statisticians and actuaries in Nova Scotia:

• Approximately 200 people worked in this occupation in May 2021.
• Mathematicians, statisticians and actuaries mainly work in the following sectors:
  • Hospitals (NAICS 622): 30%
  • Other professional, scientific and technical services (NAICS 5414, 5416-5419): 24%
  • Insurance Carriers and related activities (NAICS 524, 526): 17%
  • Federal government public administration (NAICS 911): 13%
  • Computer systems design services (NAICS 5415): 8%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 86% compared to 82% for all occupations
  • Part-time workers: 14% compared to 18% for all occupations
• 81% of mathematicians, statisticians and actuaries work all year, while 19% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 46 weeks compared to 42 weeks for all occupations.
• 10% of mathematicians, statisticians and actuaries are self-employed compared to an average of 11% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 51% compared to 51% for all occupations
  • Women: 49% compared to 49% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: n/a
  • high school diploma or equivalent: n/a
  • apprenticeship or trades certificate or diploma: n/a
  • college certificate or diploma or university certificate below bachelor's: n/a
  • bachelor's degree: 40% compared to 20% for all occupations
  • university certificate, degree or diploma above bachelor level: 60% compared to 10% for all occupations

Breakdown by region

Explore job prospects in Nova Scotia by economic region.

Source Labour Market Information | Prospects Methodology

Job prospects elsewhere in Canada

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

Learn more