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Actuaries - PowerPoint PPT Presentation

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BY: Levi K. Actuaries.

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Presentation Transcript
career description of an actuary

An actuary is a business person who analyzes the financial risks. Actuaries use mathematics, statistics, and financial theory to study uncertain future events, especially those of concern to insurance and pension programs. Actuaries work for insurance companies, consulting firms, government, employee benefits departments of large corporations, hospitals, banks and investment firms, or in businesses that need to manage financial risk.

Career Description of an Actuary
personal attributes needed

Specialize in math

Good problem solving skills

Solid communication skills

Strong computer skills

Self motivated



Ability to work with others


Personal Attributes Needed
required skills

Using math and have a good understanding of math

Finding the pros and cons to solve a problem/of peoples opinions

Easily can find the problem

Able to know how the finance system works

Required Skills
required experience


Corporate finance

Applied Statistical Methods

Required Experience
beginning median and ending salary

Beginning: Around $50,000

Median: Around $73,000

Ending: Around $103,000

Beginning, Median, and ending salary
job posting

Job Title: Actuary

Company Name: Zurich

Job Posting
job posting description

Zurich is looking for an Actuary for our Omaha Office. Under direction the analyst supports Profitability Review, Planning, and Rate Monitoring processes. With appropriate review and guidance from the Manager they coordinate, prepare and perform actuarial analysis or analyzes loss and expense reserves; provides consultation on actuarial models and risk issues, and supports development of strategies in support of business objectives. They may also provide direction to trainees and/or technical assistants for projects.

Job posting description
job posting requirments

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field with a mathematical, statistical or numerate background

Active participation in the Actuarial Study Program towards achievement of designation and successful completion of two or more actuarial exams, with 5 years related experience OR successful completion of three or more actuarial exams with 3 years of related experience

Auto Pricing and Property and Casualty Insurance experience

Job posting requirments