Actuary

Actuary

Actuaries evaluate complex risks and assess the potential financial consequences of those risks. Typical responsibilities include:

• analyzing statistical data, for example of accident rates


• computer modelling of statistics to determine potential risks


• preparing presentations and reports


• communicating findings to clients, managers and stakeholders


• keeping abreast of financial developments in the business world.

Key skills for actuaries

• excellent numeracy


• research and analytical ability


• problem-solving ability


• a deep understanding of economics and of the legislation relating to financial services


• attention to detail


• high level of computer literacy, as specialised software may be used


• written and verbal communication skills