#1
27th February 2016, 01:19 PM
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Actuary Career
Hello, I want to know the details of the career in actuary as I want to join the field. Will you please provide me?
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#2
27th February 2016, 01:37 PM
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Re: Actuary Career
Hello, here I am providing you the details of the career in actuary as under: Study of actuary: Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions. Actuaries are professionals who are qualified in this field through education and experience. Job profile specializations: Commercial and retail insurance Pension and benefit funds Reinsurance Risk management Technology development Sales and marketing Advanced research Quantitative modelling Salary: Salary Rs 291,725 - Rs 4,035,942 Bonus Rs 5,045 - Rs 775,664 Profit Sharing Rs -21.77 - Rs 202,028 Commission Rs 50,000 Total Pay Rs 296,586 - Rs 4,618,655 Job duties: Produce charts, tables, and reports that explain their calculations and proposals Compile statistical data and other pertinent information for further analysis Explain their findings and proposals to company executives, government officials, shareholders, and clients Estimate the probability and likely economic cost of an event such as death, sickness, an accident, or a natural disaster Design, test, and administer insurance policies, investments, pension plans, and other business strategies to minimize risk and maximize profitability |
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