1 / 5

Actuary – what they do

Actuary – what they do. “Risk Analyst” – Uses Statistics and Probability Theory to quantify risks. Insurance Actuary, Pension Actuary Works at Insurance company (Auto, Health, Life Home, etc.), Financial Institution, Government, Accounting Firms. Career Outlook.

carlyn
Download Presentation

Actuary – what they do

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Actuary – what they do • “Risk Analyst” – Uses Statistics and Probability Theory to quantify risks. • Insurance Actuary, Pension Actuary • Works at Insurance company (Auto, Health, Life Home, etc.), Financial Institution, Government, Accounting Firms.

  2. Career Outlook • Ranked #1 in CareerCast.com and others • High-Pay Low-stress Job • Median pay $126,000 (CNNMoney) • 0 year+2 Exams (50-68K) (middle 85% range) • 5 years + Associate (95-148K) • 10 years + Fellow (147-249K) http://www.ezrapenland.com/salary/

  3. How to become Actuary? • Must pass 10 exams to be Fellow. (6 exams = Associate) Typically takes 6-10years after graduation. • Some companies will pay to study. (e.g. 2hrs/day) • Majoring in Stats with AS option will prepare you for first 4 exams. • 2 exams + internship + project is a great start for a somebody with BS.

  4. Where our students work • Progressive • National Interstate Insurance • Tigret • …..

  5. Reference and Contacts • BeAnActuary.com - Great resource for everything about Actuarial Career • NaoMimotoDept. of Statistics CAS 413 nmimoto@uakron.edu

More Related