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Is being an actuary a good fit for you?

Studies statistics on things like accidents, illness and retirement to predict future risk. Helps work out how much money will be needed.

What the work involves

  • Analyses data to set insurance prices and the cash needed to pay future claims.
  • Studies statistics to estimate rates of death, accident, illness, disability and retirement.
  • Designs, reviews and helps run insurance and pension plans, checking they are financially sound.
  • Works with programmers, underwriters and managers to plan new or improved business.

The interests that suit it

People in this work tend to be organising and curious. Here is how much each of the six kinds of interest comes into it.

Hands-onLow. Building, fixing, and working with tools, machines, animals or the outdoors.
CuriousSome. Finding things out, solving problems, and working with ideas and data.
CreativeLow. Making things: art, writing, music, design and performance.
HelpingLow. Teaching, caring for and supporting people.
PersuadingLow. Leading, selling, and making the calls.
OrganisingStrong. Keeping things in order: records, numbers and systems.

What it tends to reward

Compared with other work, this job stands out for:

  • Security. Steady work in a well-run organisation.
  • Mastery. Getting really good at something over time.
  • Independence. Trusted to decide how the work gets done.

How much training it needs

Degree required. Usually a degree, sometimes more study after. Rules differ from country to country, so check locally before you commit.

Find out if it fits you

Answer quick questions about what you like doing and what keeps you going. We match you with roles from over 900 kinds of work, and you can see if an actuary is one of yours.

Free. About 15 minutes. No account.

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