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  1. Home
    2. 
              
  2. Actuaries
    3. 
            

            
            
          

         
        

      

    

  


  




   

    


      
      


        
        

          

            

              
              

                

                  
Actuaries

                  

                    
                    4.5
                    (176)
                  

                

               
                

                    
                    Actuarial Analyst, 
                    
                    Actuarial Associate, 
                    
                    Actuarial Consultant, 
                    
                    Actuary, 
                    
                    Consulting Actuary, 
                    
                    Corporate Actuary, 
                    
                    Health Actuary, 
                    
                    Pricing Actuary, 
                    
                    Product Development Actuary, 
                    
                    Reserving Actuary, 
                    
                

                

                
                

                  

                    Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
                  

                  
                

              

            



            
            
            

              

                

                  
                

                

                  

                    
    
                      
                  
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                     bachelor's degree
                  
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                     certificate after college
                  
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Education

                    
    
                      
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                        Most of these careers need a four-year bachelor's degree, but some do not.
                      
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Training

                    
    
                      
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                        Employees in these careers need several years of work-related experience and training. Both on-the-job and classroom job training may be needed.
                      
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                       Math and Science
                       
      
                        
                        
    • arithmetic, algebra, geometry, calculus, or statistics
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                       Engineering and Technology
                       
      
                        
                        
    • computers and electronics
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                       Business
                       
      
                        
                        
    • accounting and economics
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                       Arts and Humanities
                       
      
                        
                        
    • English language
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                       Basic Skills
                       
      
                        
                        
    • reading work related information
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    • thinking about the pros and cons of different ways to solve a problem
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                       People and Technology Systems
                       
      
                        
                        
    • thinking about the pros and cons of different options and picking the best one
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    • measuring how well a system is working and how to improve it
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                       Problem Solving
                       
      
                        
                        
    • noticing a problem and figuring out the best way to solve it
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                       Data base user interface and query software
                       
      
                        
                        
    • Microsoft SQL Server 
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    • Oracle Database 
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                       Presentation software
                       
      
                        
                        
    • Microsoft PowerPoint 
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                       Financial analysis software
                       
      
                        
                        
    • Oak Mountain Software AnnuityValue 
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    • Pricing software 
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                       Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
                    
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                       Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.
                    
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                       Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
                    
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                          Conventional
                          People interested in this work like activities that include data, detail, and regular routines.
                        
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                       Math
                       
      
                        
                        
    • choose the right type of math to solve a problem
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    • add, subtract, multiply, or divide
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                       Verbal
                       
      
                        
                        
    • communicate by speaking
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    • communicate by writing
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                       Ideas and Logic
                       
      
                        
                        
    • make general rules or come up with answers from lots of detailed information
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    • group things in different ways
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Career Evaluation

            
          

          

            

              
Career Evaluation

              
Build a clear picture of where you are - and where you could go next.

              
              
              
              
            

            

              
              
            

          

        

      
 
    



 
  



    
    
  

  
  
  
  

    
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