About Guardian Actuarial
The Guardian Actuarial team is made up of skilled professionals who are passionate about making a difference in our community.
Guardian Actuarial is a specialist actuarial services provider, focussed on providing analysis and support in the human services sector. We are passionate about contributing to the important work of the many professionals in this sector, so that collectively we can improve outcomes for the most vulnerable members of our community.
Guardian Actuarial uses a combination of qualitative and quantitative techniques to assist government and non-government organisations make informed decisions about existing and future service delivery options. We listen to our clients and tailor an approach to suit their needs. Our custom made solutions are designed in collaboration with our clients, who know their organisations best.
Fun facts about Guardian Actuarial:
- We run a flexible, remote workforce that allows us to create a team of highly skilled professionals to help you, no matter where you are located.
- We were established in 2015, and since then have helped 18 different clients with more than 30 interesting projects.
- Our clients include state government agencies, local councils, not-for-profit organisations, insurance companies and universities.
- Guardian Actuarial has seven actuarial staff members and five other professionals who have been involved in our projects. In addition, we have partnered with other organisations on larger jobs.
What is an actuary?
Have you ever met an actuary before? There’s a high chance you may not have, as there are just over 2,000 qualified actuaries in Australia.
So what is an actuary and what do they do? Actuaries are trained in the fields of mathematics, statistics, probability, economics and business. Actuaries use a combination of these skills to help with a wide range of business problems, such as assessing the risk of future events.
Fun facts about actuaries:
- 2,283 qualified actuaries in Australia
- Approximately 24,000 actuaries in the United States of America
- Actuaries typically hold university degrees in economics, commerce, mathematics or science.
But aren’t actuaries the people who estimate when you might die? Don’t they just work in insurance?
It is true that the majority of actuaries work in the insurance industry, however increasing numbers of actuaries are applying their valuable analytical skills to other industries such as broader financial services, health and human services and climate change. The International Actuarial Association states:
The actuarial profession is recognised worldwide as a major player in the decision-making process within the financial services industry, in the area of social protection and in the management of risk, contributing to the well-being of society as a whole.