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Actuarial Science Course
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Actuarial Science colleges
Actuaries are professionals who provide expert advice and relevant
solutions for business and societal problems that involve economic risk.
An actuary working for an insurance company might calculate how much a
company would charge for a new type of car, homeowners, or health insurance.
He or she may have to figure out how much money needs to be invested in a
pension fund today so that years from now, when the employees retire, there
will be funds to pay them benefits. Or, an actuary might calculate how much
damage an earthquake or hurricane could cause.
Besides insurance, actuaries work in many other fields. That's because
their skills are readily transferable to any business that deals with risk.
An actuary could work in finance, marketing, manufacturing, or in the
development of new products. For example, an actuary might determine how a
company should invest its money based on risk and potential return. An
actuary might determine potential profit gains when a business enters a new
international market or forecast the return on investment to develop a new
product.
Actuaries solve business and societal problems and help corporations and
government agencies make decisions. To do this they make financial forecasts
and apply other analytical skills to today's business and economic problems.
Some actuaries do technical work. Others are in the business of creating
innovative financial products for the insurance, banking, and investments
sector. Because actuaries wear a lot different hats, they often step up to
management positions. Many actuaries move on to become senior executives of
major companies or partners in consulting firms. Some go into business for
themselves.
Opportunities for actuaries range from education to research to government
agencies such as Social Security. Still other actuaries choose careers in
investments or banking, or work for companies that write computer software
with financial applications. Because of the importance of the work,
actuarial science is a profession that's respected throughout the business
community
Most actuaries live and work in urban or suburban areas where financial
firms, banks, investment houses, and insurance companies are headquartered.
But because of the versatility of the profession, there are actuaries in
large and small towns everywhere
( Courtesy: http://www.beanactuary.org/ )
More...
beanactuary.org
Site from the Casualty Actuarial Society
and Society of Actuaries devoted
entirely to those interested in the
actuarial profession. Includes
information on suitability for the
career, how to become an actuary, life
on the job, and a searchable database of
job openings.
actuary.com
Extensive information on the actuarial
field, including tables, jobs,
statistical research, and discussion
forums. Covers life, health, casualty,
pensions, and benefits.
actuaryjobs.com
Actuarial employment opportunities
for actuaries in casualty, life, health,
pension, investment, benefits and other
actuary disciplines.
dwsimpson.com
Actuary Jobs,
Actuarial Jobs, Actuarial Employment,
Actuaries, Act
actuaries.org.uk
The Faculty of Actuaries in Edinburgh
and the Institute of Actuaries in London
and Oxford are the two professional
bodies for actuaries in the United
Kingdom.
soa.org
An educational, research and
professional membership organization for
actuaries in the US and Canada who
primarily practice in pension, employee
benefits, investments and life and
health insurance.
casact.org
A professional organization with the
purpose of advancing the body of
knowledge of actuarial science applied
to property, casualty and similar risk
exposures.
actuaries.in
Resources and guides to actuarial
science for new students in India, plus
discussion forums for actuarial
professionals.
actuarialoutpost.com
Discussion forums, free downloads for
students, and job postings.
http://en.wikipedia.org/wiki/Actuarial_science
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