Eligibility: Actuaries who are specialized in life and health insurance, property and casualty insurance have to create the tables to depict the future claims on particular policy plan.
Job Prospects: Applicants usually require a bachelor' degree in actuarial science or mathematics or any finance related programs and have to appear for a series of certification exams administered by the Casualty Actuarial Society(CAS) and Society of Actuaries(SOA) to initiate their career.
Expected Job Growth: According to the U.S. Bureau of Labor Statistics the employment opportunities of actuaries is expected to increase by 27 percent from 2010 to 2020. The median annual wages of actuaries were $87,650 in May 2010.
Degrees Offered: Associate Degree Bachelor Degree Master Degree
They formulate strong financial basis to maximize the business profitability by estimating the probabilities of risk and uncertainty. With the advent of technology, actuaries make use of computer programming and software solutions to prepare the statistical reports and presentations.Degrees Offered: Associate Degree Bachelor Degree Master Degree
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