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| Actuarial
Science |
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About
Actuarial Science |
If
you are dreaming of a
highly rewarding and challenging
career, then have a look
at “Actuarial Science
(Insurance)”. Out
of the so many career
options, which are available
today, a career of Actuarial
Science really stands
apart in many aspects.
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Actuarial Profession can
offer you considerable rewards
in terms of Intellectual challenge,
Professional status, Job satisfaction
and Very high earnings.
An actuary is a business professional
who analyzes the financial
consequences of risk. Actuaries
use mathematics, statistics,
and financial theory to study
uncertain future events, especially
those of concern to insurance
and pension programs.
Actuaries may work for insurance
companies, consulting firms,
government, employee benefits
departments of large corporations,
hospitals, banks and investment
firms or more generally, in
businesses that need to manage
financial risk. A career as
Actuary is better described
as a "business"
career with a mathematical
basis than as a "technical"
mathematical career.
Actuaries love what they do.
Their work is intellectually
challenging and they are highly
paid. Actuaries are key players
in the management team of
the companies that employ
them. In a fast-changing world,
with new risks and the need
for ever-more creative ways
to tackle them, there is the
constant opportunity for personal
and professional growth in
an actuarial career and the
pleasure of life-long learning.
Most actuaries work in a pleasant
environment, alongside other
professionals and enjoy the
respect of their peers.
This is why the actuarial
profession has consistently
been rated as one of the top
five jobs in the United States
according to Jobs Rated Almanac.
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| Job Part
of Actuaries |
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Make
Financial Sense of the
Future by:
• Analyzing
the past
• Modeling
the future
• Assessing
the risks involved, and
• Communicating
what the results mean
in financial terms.
Enable More Informed Decisions
by:
• Analysis
and modeling of problems
in finance
• Risk
management and product
design
• Pricing
of product, financial
management and corporate
planning.
Balance the Interests
of All by:
• Safeguarding
the financial interests
of the public
• Protecting
the benefits promised
by insurance companies
and pension
schemes
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