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BY: Levi K Actuaries
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Career Description of an Actuary
An actuary is a business person who analyzes the financial risks. Actuaries use mathematics, statistics, and financial theory to study uncertain future events, especially those of concern to insurance and pension programs. Actuaries work for insurance companies, consulting firms, government, employee benefits departments of large corporations, hospitals, banks and investment firms, or in businesses that need to manage financial risk.
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Personal Attributes Needed
Specialize in math Good problem solving skills Solid communication skills Strong computer skills Self motivated Creative Independence Ability to work with others Ambition
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Required Skills Using math and have a good understanding of math
Finding the pros and cons to solve a problem/of peoples opinions Easily can find the problem Able to know how the finance system works
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Required Experience Economics Corporate finance
Applied Statistical Methods
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Working Conditions Normally inside an office building with an air conditioner/heater
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Beginning, Median, and ending salary
Beginning: Around $50,000 Median: Around $73,000 Ending: Around $103,000
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Job Posting Job Title: Actuary Company Name: Zurich
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Job posting description
Zurich is looking for an Actuary for our Omaha Office. Under direction the analyst supports Profitability Review, Planning, and Rate Monitoring processes. With appropriate review and guidance from the Manager they coordinate, prepare and perform actuarial analysis or analyzes loss and expense reserves; provides consultation on actuarial models and risk issues, and supports development of strategies in support of business objectives. They may also provide direction to trainees and/or technical assistants for projects.
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Job posting requirments
Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field with a mathematical, statistical or numerate background Active participation in the Actuarial Study Program towards achievement of designation and successful completion of two or more actuarial exams, with 5 years related experience OR successful completion of three or more actuarial exams with 3 years of related experience Auto Pricing and Property and Casualty Insurance experience
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