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What does an actuary do?

Actuaries are highly sought-after professionals who develop and communicate solutions for complex financial issues. Read to learn more.

What is actuarial science?

The name of the corresponding field is actuarial science which covers rigorous mathematical calculations in areas of life expectancy and life insurance. These risks can affect both sides of the balance sheet and require asset management, liability management, and valuation skills.

What are the different types of actuarial disciplines?

Most traditional actuarial disciplines fall into two main categories: life and non-life. Life actuaries, which includes health and pension actuaries, primarily deal with mortality risk, morbidity risk, and investment risk.

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