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Mathematician - 224112

Description

Mathematicians develops and applies mathematical principles and techniques to solve problems in all areas of the sciences, engineering, technology, social sciences, business, industry, and commerce.

Skill Level

1

Specialisations

  • Operations Research Analyst
Skills Assessment Requirements

Unless you are exempt in very limited circumstances, you are required to have a positive Skills Assessment to apply for the visas listed above.

Skills Assessment authority for Mathematician is Vocational & Education Training Assessment (VETASSESS). To have a positive skills assessment, you must meet the following criteria:

  • Qualification assessed at Australian Bachelor degree or higher in a highly relevant field of study AND at least one year of post-qualification highly relevant employment at an appropriate skill level in the last five years
  • Applicants must meet both the qualification and employment requirements to obtain a positive skills assessment
  • Highly relevant fields of study include:
    • Mathematics (Pure and/or Applied)
    • Financial Mathematics
    • Operations Research
    • Mathematical Statistics
Group Title 2241 Actuaries, Mathematicians and Statisticians
Group Description

Develop and apply actuarial, mathematical, statistical and quantitative principles and techniques to solve problems in a range of fields such as business and finance, scientific and social research, and engineering.
Econometricians are excluded from this unit group. Econometricians are included in Unit Group 2243 Economists.

Tasks

  • Defining, analysing and solving complex financial and business problems relating to areas such as insurance premiums, annuities, superannuation funds, pensions and dividends
  • Examining financial projections for general insurance companies, finance companies, government and other organisations
  • Designing new types of policies, assessing risks and analysing investments in life insurance, superannuation funds, health insurance, friendly societies, financial markets and other areas
  • Formulating mathematical models to simulate processes
  • Applying models to experimental observations, and adjusting and recasting the models
  • Using numerical analysis methods to develop algorithms and perform computations
  • Liaising with management and clients to determine the subject or area to be surveyed or examined
  • Specifying the data to be collected, and the methodology to be used in collection and analysis
  • Evaluating and describing the reliability and utility of source information
  • Analysing and interpreting data, and producing relevant statistics to describe and infer particular trends and patterns

Skill Level

In Australia and New Zealand:

Most occupations in this unit group have a level of skill commensurate with a bachelor’s degree or higher qualification (ANZSCO Skill Level 1). In some instances, relevant and/or on-the-job training may be required in addition to the formal qualification. This occupation may require registration or licensing.

Occupations in this Group

  • 224111 Actuary
  • 224112 Mathematician
  • 224113 Statistician

How to calculate your points (skilled visas)

To apply for a skilled visa, you must determine your points score. The minimum required to be eligible is 65 points. However, depending on your occupation, the demand, and the state you are applying to, you may need a higher score to receive an invitation.

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