Career Profile: Actuary
This is the work profile of the Actuary.
The job scope of the actuary deals with the application of mathematical probability theory and statistics in finance. He or she is an expert who deals with the implications of financial risk and uncertainty.
The work of an actuary often involves the evaluation of the likelihood of future events as well as coming up with ideas and solutions to reduce the undesirable possibilities.
Many actuaries work in the insurance field.
How to become an actuary? One must have a degree related to mathematics, economics or statistics. To become a qualified actuary, a number of years is often required to complete all the examinations.
Quality-wise, an actuary must be intellectual and be good in mathematics and statistics. The scope of work can be intellectually very challenging.
To be able to make forecast of future finances, I will expect an actuary to be a very intelligent person.
This job will need a very wide understanding of market, world dynamics.
This should be considered as one of the elite jobs.