Actuaries
Also called: Actuary, Actuarial Analyst, Pricing Actuary, Product Development Actuary
What they do:
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.
On the job, you would:
- Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
- Determine or help determine company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.
- Design, review and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
Math and Science
Business
Arts and Humanities
Engineering and Technology
|
Basic Skills
People and Technology Systems
Problem Solving
|
Math
Verbal
Ideas and Logic
Attention
|
People interested in this work like activities that include
data, detail, and regular routines. They do well at jobs that need:
|
You might use software like this on the job: Financial analysis software
Analytical or scientific software
Data base user interface and query software
|
|
|
You might like a career in one of these industries:
|
See more details at O*NET OnLine about actuaries.