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Actuarial Science – A Great Career Option

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. 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.

To create awareness of the Actuary career, Trump & Gates, an institute managed by a team of highly motivated professionals who have been in the teaching field for last two decades, is conducting regular seminars entitled “Actuarial Science – A Great Career Option”. These seminars are being conducted at their Corp. Office: H-108, CP, New Delhi.

Talking about the seminar, Mrs. Saroj Gupta, Director of Trump & Gates mentions, “Actuarial Science is an exciting career option. The demand for trained actuaries is very high and the remuneration is excellent. Although, in India this profession is less known to the people, demand for Actuaries in India will be very high by virtue of privatisation of insurance industry & starting of public pension schemes. These sectors will be requiring sizable number of semi qualified and qualified professionals in near future”.
In the seminar, the participants are exposed to all the important information about this career. The seminar is designed with an aim to educate the participants about Actuary Profession and to motivate them by informing about the virtues of this career. The seminar will throw light on various questions related to this career such as: “Who is an Actuary?, What does an Actuary do?, Why should one prefer to be an Actuary?” and later talks about the Job Prospects and remuneration of an Actuary etc.
The cost of the study is low and the students can have the option of “earn-while-you-learn”. There are no visa hurdles and there is no requirement of GRE, GMAT, SAT or any other entrance exams.
One can opt for this career, if one has any of the following qualifications:

10+2 in any discipline with 85% marks in Maths.

Any graduate with 55% marks in.

Maths/ Stats/ Econometrics/ Computer Science.

Engineers in any discipline or equivalent.

MBA (finance) / CA / CWA / MCA.

Actuary Career can be pursued from any of the following institutes:

ACTUARIAL SOCIETY OF INDIA (ASI), Mumbai.
INSTITUTE and FACULTY OF ACTUARIES, LONDON, U.K.

The course consists of 14 papers. The course can be completed between 4 to 5 years depending on the time devoted by the student for the preparation of the examinations.

It is no secret that actuaries are highly paid. On qualification, a new actuary is likely to be on a salary of approx. Rs. 30 lacs per year in UK and Rs.18 lacs per year in India.
Career opportunity starts as soon as the student completes the first 5 papers. Stipend for an Actuarial Trainee in UK is approx. Rs. 1,50,000 per month and in India approx. Rs. 25,000 per month.

For more details of Actuary Profession and links to relevant websites, kindly visit www.trumpandgates.com. In case of any query, please mail at info@trumpandgates.com or contact 011-41513567