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What Does An Actuary Do?

I am doing a project/report about a career. And I want information on it so I was wondering if you could post what you know about actuaries and maybe post websites that have information on it. Please Help And if you can could you find a website that also tells interesting things and Actuary does?Thank you so Much:)

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    An actuary is an individual involved in risk determination. On the job the actuary makes heavy use of probability and statistics to determine the likelihood of an event occurrence. Many are employed in the insurance industry where they attempt determine the possibility of the insured dying before the company has made sufficient monies to pay off the policy.
    3 0

    Jnawrocki 

    answered 2 years ago


      Actuaries are mathematicians whose expertise lies in the areas of risk assessment, probability and statistics, all of which underpin the whole concept of insurance and the setting of rates. They are very well paid but the industry joke is that an actuary is someone who found accounting too exciting... www.youtube.com


      2 0

      Dll 

      answered 2 years ago

        My daughter almost became an actuary and changed her major to statistics. The above answers are good; however, they fail to mention that once an actuary has climbed the ladder of success by passing many tests, they become CEO's.
        2 0

        Peace 

        answered 2 years ago

        Actuaries makes the financial sense of the future
        0 0
        Guest

        Guest 

        answered 6 months ago

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