45k - 350k USD
Actuaries deal with the financial impact of risk and uncertainty. They have a deep understanding of financial security systems, their reasons for being, their complexity, their mathematics, and the way they function. Job duties include the evaluation of the likelihood of events and the quantification of the contingent outcomes in order to minimize losses, both emotional and financial, associated with uncertain undesirable events. These risks can affect both sides of the balance sheet, and require asset management, liability management, and valuation skills. Analytical skills, business knowledge and understanding of human behavior and the vagaries of information systems are required to design and manage programs that control risk.

This position involves insurance disciplines that may be classified as life, health, pensions, annuities, and asset management, social welfare programs, property, casualty, general insurance, and reinsurance. Life, health, and pension actuaries deal with mortality risk, morbidity, and consumer choice regarding the ongoing utilization of drugs and medical services risk, and investment risk. Other factors involved in the social insurance programs that are evaluated by actuaries include public opinion, politics, budget constraints, changing demographics and other factors such as medical technology, inflation and cost of living considerations.
Related Programs:
Business / Accounting
Choose from the following schools:
Pinnacle Career Institute
Post: Quinn
Provo College
Interactive Learning Systems
Ohio Valley College of Technology
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