Actuaries Career

Career Description

The demand for actuaries’ professionals has been growing tremendously in the recent years. This is because the important role they play in a multitude of fields. Accordingly the tasks of actuarial professionals are diverse and vary according to the field they are in. Generally candidates who want to pursue a career in actuaries could take up studies in statistics, risk management, accounting, etc.

How to become an Actuaries Professional:

To become a professional in the field of actuaries, candidates with educational background in mathematics, statistics, or finance are preferred. Candidates have to complete the clearing exam successfully to become an actuarial professional. Good analytical skills, an eye for detail, reasoning abilities are some of the traits looked for by the employers.

Actuaries career courses, training, programs:

Applicants, who want to become eligible for the post of actuarial professional, could take up courses through various coaching centers and pass the clearing examination successfully. Candidates can attend these institutes on weekdays or weekends according to their convenience.

Actuaries career schools/colleges, education:

There are a wide variety of schools, colleges, and universities in the United States that can develop the skills of candidates in the field of actuaries. Candidates are also taught courses in basic computing skills, good communication skills, etc to strengthen their resume.

Top 5 colleges/universities:

University of Phoenix

South University Online

Colorado Technical University

Jones International University

Kaplan University

Actuaries job opportunities, salaries, recruitment:

Candidates who wish to pursue their career in actuaries could find job opportunities in the firms like insurance firms, health insurance companies, consultancy firms, human resources consulting services, business consulting companies, etc. About 76% of the working population in the United States working as an actuarial analyst has a work experience of 1-4 years. According to the salary estimates by Pay Scale and released through National Salary data, the annual compensation of an actuarial analyst can range between $46,000 and $80,000 with the annual median salary being about $63,000 approximately.

Category: Insurance Careers

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