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Actuaries

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Actuaries

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.

Key Competencies
* Analytical Thinking
* Attention to Detail
* Integrity
* Achievement/Effort
* Dependability
* Persistence
* Initiative
* Cooperation
* Stress Tolerance
* Adaptability/Flexibility

Representative Tasks
* Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
* Design, review and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
* Determine or help determine company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.

Industry
Finance and Insurance

Job Family
Computer and Mathematical

Sample Job Titles
Actuarial Analyst, Actuarial Assistant, Actuarial Associate, Actuarial Consultant, Actuarial Manager, Actuarial Mathematician, Actuary, Consulting Actuary, Health Actuary, Insurance Actuary, Pricing Actuary, Pricing Analyst, Product Development Actuary, Retirement Actuary.