Actuary in United States

at a Confidential Company

Banking / Finance / Insurance
Minimum Qualification
Bachelor's Degree
Required Experience
1 - 3 years
Employment Type
Full Time
Male or Female

Job Description

Actuary Job Description

*Actuaries use statistical techniques and mathematical skills to assess the probability of an event and its financial consequences.

*Actuaries evaluate complex risks and assess the probability and potential financial consequences of those risks.

*The work carries a high level of responsibility, and the decisions of actuaries affect thousands of people.

*In insurance-related specialisms actuaries must ensure that premium rates are set accurately and that adequate funds exist to meet claims.

*Actuaries may also be responsible for legislative and advisory work, managing other staff and reporting financial forecasts to management.

Qualifications and Training

*Employers generally expect a good record of academic achievement.

*Although any degree discipline is acceptable, employers often prefer a degree in maths, statistics, economics, physics or similar numerate subjects.

Key skills for actuaries

*Candidates who are confident in their abilities.


*Analytical ability

*Problem solving ability


*A deep understanding of economics and of the legislation relating to financial services

*Attention to detail


*Technical aptitude

*Computer literacy, as specialised software may be used

*Written and verbal communication skills.
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