ACTUARIES

CAREER101

FORDUMMIES

WHAT THEY DOActuariesanalyzestatisticaldata,suchasmortality,

accidentandretirementratesandconstruct

probabilitytablestoforecastriskandliabilityfor

paymentoffuturebenefits.

WHAT ELSE THEY DOTheyalsoascertainpremiumratesrequiredandcash

reservesandliabilitiesnecessarytoensurepaymentof

futurebenefits.

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SALARYAveragesalary:$110,560peryear

Hourlywage:$53.15perhour

Source:bls.gov

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"Passionisthedifferencebetweenhavingajoborhavingacareer."

-Anonymous

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PROS #1Perfectifyouaresomeonewhois

organizedandlikestofollow

proceduresandroutines

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PROS #2Suitableforpeoplewhowantsjob

securityandagoodworkingcondition

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CONS #1Therearemoresuitablecareersout

thereifyouareasociablepersonwhoenjoyshelpingandworkingwithothers

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CONS #2Aconsiderableamountofwork-

relatedskill,knowledgeandexperienceisrequiredforthiscareer.

Youcan'tjustjumprightin.

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I LOVE MY JOB!80%ofthemsaidtheyweresatisfiedwiththeir

joband36%saidtheyfeelliketheirjobis

makingotherpeopleslivesbetter.

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SHOULD I BE ONEPeoplewhoaresuitableforthisjobtendstolike

followingsetproceduresandroutines.Theylike

workingwithdataanddetailsmorethanwithideas.

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HOW TO BE ONE53%ofActuariessaidthey

hadaBachelor'sDegree

27%ofthemholdaMaster'sDegree

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WANT MORE ?Youcanfindthefullcareerinfoincluding:

Howlongdoesittaketobeone

"ShouldIBeOne"careerquiz

Whattheirtypicaldaylookslike

Click here: Everything you need to know about this career

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Click here: Find a career or college that is right for you

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WHO ARE WEOwlGuru.comisthelargestcareerandcollege

finderwebsite.Wehelpyoutofindacareerand

collegethatisrightforyou.

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