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An actuarial scientist is a person who works within the insurance business mainly for corporations to asses risk and other things such as health benefits for employees. They pretty much make the insurance policy based on a ton of calculations.

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14y ago

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How much do actuarial scientist earn?

How much do Actuarial Scientist earn?


Can an actuarial scientist work in a central bank?

Normally a central bank does not offer insurance policies and therefore does not need actuaries.


When was Actuarial Society of the Netherlands created?

Actuarial Society of the Netherlands was created in 1888.


When was Croatian Actuarial Association created?

Croatian Actuarial Association was created in 1996.


When was Casualty Actuarial Society created?

Casualty Actuarial Society was created in 1914.


How do you get an entry level actuarial job?

You need to get a degree in Math, Statistics, or Actuarial Science. Then you need to pass (>=) an actuarial exam. Then you apply, interview and hopefully get a job.


Where can I find a good actuarial consultant?

I use this site to hire actuarial consultants for my business.


Do you have to have a degree to apply for actuarial jobs?

Most actuarial job postings require applicants to have at least a bachelor's degree, preferably in the areas of actuarial science, math, statistics, economics, business or finance.


What is actuarial basis?

An actuarial basis is a calculated risk based on standard tables. For example, a life insurance premium is calculated on an actuarial basis depending on the persons age, sex, etc and their life expectancy.


What earn more an actuarial scientist or a chartered accountant?

Generally, actuarial scientists tend to earn higher salaries than chartered accountants, especially in the early stages of their careers. This is largely due to the specialized skills and expertise required in actuarial science, particularly in areas like risk assessment and statistical analysis. However, salaries can vary significantly based on factors such as experience, location, and the specific industry in which one works. Overall, both professions offer competitive earning potential.


Where are current actuarial tables?

Current actuarial tables can be found through various sources, including professional actuarial organizations like the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). Additionally, insurance companies and government agencies, such as the Social Security Administration, often publish their own tables. Many universities with actuarial science programs also provide access to updated tables for educational purposes. Online databases and actuarial software may also contain the latest tables used in the industry.


What education is necessary for actuarial jobs?

You need economics,statistics and mathematics. You can opt for actuarial science as a course or as can do masters in it . Depending upon the place u want to do it from ,