Statistical assistants compile and compute data according to statistical formulas for use in statistical studies. They perform actuarial computations and compile charts and graphs for use by actuaries.
Statistical assistant’s job responsibilities include establishing and checking numerical facts in many different areas of business, government, and industry; compiling and recording data and making computations. They work for insurance companies, banks, and stock brokerages.
Statistical assistants are typically conventional and investigative. They possess knowledge of statistics, mathematics and statistical analysis system software used for advanced analytics, business intelligence, data management, and predictive analytics.
Candidates should either have a bachelor's degree or master's degree which provides a strong foundation in mathematics, statistics, computer science, economics, econometrics and material science from a recognised university.
The top statistical assistant jobs roles are a data scientist, financial quantitative analyst, accountant, operations research analyst, stock trader, business analyst, market research analyst and statistician.
For a successful career as a statistical assistant, you must have good computer and math skills; in addition to strong communication skills, both verbal and written. You must be familiar with statistical software, possess good data entry and word processing skills, and be able to create charts and graphs. Moreover, think analytically, conduct quantitative research and execute a systematic empirical investigation of observable phenomena via statistical, mathematical or computational techniques.
Every career requires an element of study and academic qualification, and there can be several study routes and pathways you can take. In following any academic pathway you will study subjects that contribute to the specialised knowledge required to achieve your career goals. These qualifications provide a future employer with the evidence that you have the desired knowledge, understanding and experience of their industry, so it’s important to consider the various types of qualifications available to you and to understand how they can boost your career and create opportunities for you.
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