what exactually does an actuary do?

murph

an actuarys job

beatuplunchbox · Posted: Tue Jul 22, 2008 11:39 pm Post subject:

I know they have to be matematical geniuses, the insurance companies stole them from NASA. Very Happy

highwaybiker · Posted: Wed Jul 23, 2008 6:12 am Post subject:

Juanita · Posted: Wed Jul 23, 2008 6:32 am Post subject:

Actuaries are the people who are heavily relied upon by the insurance companies for devising the right ways for doing business. They are appointed to scrutinise and formulate mathematically the business of insurance, its risks and uncertainties.

Actuaries are required to measure the likelyhood of an event and its impact and their studies involved study of the demography, consumer behaviour and their preferences, mortality and morbidity rate and so forth.

Hope it was helpful Very Happy

Regards,
Juanita

what exactually does an actuary do?

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