Actuaries are mathematical professionals who are hired for the sole purpose of calculating potential risk to business by keying in certain economic and political factors, illness and disability, and death. An actuary is expected to analyze available data to create models based on theories that will predict the oncoming of a misfortune that is likely… Read More »
Actuaries are risk managers who analyze a company’s risk in terms of financial matters. With the assistance of mathematics, statistics and financial theories, actuaries study future events that may be posed as uncertain and advise companies of the consequences. Actuaries usually work with pension programs, insurance companies, consulting firms, and other benefits programs where they… Read More »
Actuaries are business professionals who work in life insurance companies, pension funds, investment banks, and management consultancies. Their job is to evaluate risks involved in projects and to assess the possible consequences of those risks on the organization. It is true that each decision that an actuary makes has the capability of affecting thousands of… Read More »