What Do Actuaries Do?

Actuaries evaluate financial risks using their business and analytical skills. Actuaries primarily work for insurance companies, consulting firms, and government organizations. However they also work for universities, banks and investment firms, large corporations, accounting firms, hospital and physician organizations, rating bureaus, labor unions, and other organizations.
Their work is intellectually challenging and they are very well-paid. Actuaries are key players in the management team of the companies that employ them. In a fast-changing world, with new risks and the need for ever-more creative ways to tackle them, there is the constant opportunity for personal and professional growth in an actuarial career, and the pleasure of life-long learning.

There would be a demand of actuaries in India once regulations make insurance companies move towards risk based capital model or implement international accounting standards. With the opening up of health and pension sectors , the insurance industry would require at least 100-150 actuaries.

You can learn more about an actuarial career at www.BeAnActuary.com