An actuary analyses statistical data, such as mortality, accident, sickness, disability, and retirement rates, and constructs probability tables to forecast risk and liability for payment of future benefits. The occupation draws on mathematics, computers and electronics, and a grounding in economics and accounting, and uses mathematics, reading comprehension, and critical thinking.
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.
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The technologies this role leans on most, ranked by how central they are to the work.
An actuary analyses statistical data, such as mortality, accident, sickness, disability, and retirement rates, and constructs probability tables to forecast risk and liability for payment of future benefits. The occupation draws on mathematics, computers and electronics, and a grounding in economics and accounting, and uses mathematics, reading comprehension, and critical thinking.
Key skills for a Actuaries include Mathematics, Computers and Electronics, Economics and Accounting, Law and Government. Common technologies include ARMON Technologies XLActuary, GGY AXIS, Insureware ICRFS-ELRF, Lewis & Ellis LEAPPS, Milliman Corporate Affinity. Acelro can analyze your current skills and show you exactly what to learn next.
Use Acelro's free career check above to compare your skills against what employers look for in a Actuaries. You'll see your readiness score and specific skill gaps in seconds.
It depends on your current skills. Acelro creates a personalized learning roadmap based on your specific gaps, so you only focus on what you actually need to learn.