Yes, it's perfectly correct and quite common.
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DMWYes, it's perfectly correct and quite common.That must be a New Zealand thing. Of some 1500 'deem' citations in the British National Corpus there were fewer than a dozen with 'as'.
chenyincheng how would a British English speaker say it?1. ...a profession deemed by many menial and bizarre.2. ...a profession deemed by many to be menial and bizarre.3. ...a profession deemed by many as menial and bizarre.#2 is fine; #1 is possible, but would be more natural with 'by many' at the end. #2 is not very unnatural.