Actuaries analyse statistical data to calculate risks and premiums, develop financial models, and design pension and insurance products. They are integral in pricing products, setting reserves, and advising on investment strategies. Actuaries also ensure compliance with regulatory requirements and often provide strategic advice to senior management.
Typical subsectors include actuarial consultancies, insurance companies, and pension providers.
Actuaries can advance to Senior Actuary, Actuarial Manager, or Chief Actuary roles.
Analytical skills involve the ability to collect, interpret, and analyse data to solve problems, make decisions, and understand complex issues. read more
Numeracy is the ability to understand and work with numbers, including skills like basic arithmetic, data analysis, and statistical reasoning. read more
Problem-solving is the ability to identify, analyse, and find effective solutions for complex issues and challenges. read more
Proficiency in data analysis tools such as Excel, SQL, Python, and advanced statistical methods is essential. Analysing financial data to… read more
Risk management as a skillset involves identifying, assessing, and controlling threats. read more
Sense making is the ability to interpret complex information and understand its deeper meaning. This skill is crucial in the… read more
This skill encompasses an in-depth understanding of financial markets, including their structure, instruments, and operations. It involves knowledge of equities,… read more
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