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Often praised as one of the top jobs in the modern economy, actuaries are in high demand. At GreatInsuranceJobs.com, you'll find actuary positions listed by various insurance companies, consulting firms, and specialized actuarial recruiters. This sector caters to actuaries of all types and levels, including those specializing in property and casualty, life and health, and pensions. You can discover opportunities for all levels, from entry-level positions to roles for FSAs, ASAs, FCAS, and individuals who have completed a few exams.
Actuary Job and Career Information
Did you know that over 30,000 actuaries are employed in the United States? Most actuaries work for insurance companies, while others find careers at consulting firms, insurance brokers, and insurance and employee benefit funds. According to the Bureau of Labor Statistics (BLS), the average salary for an actuary is $120,000. Today’s actuaries use mathematics, technology, statistics, and financial data to model and evaluate various situations, helping insurance companies understand risk and set accurate pricing. A great example of actuarial modeling is life insurance. For instance, a 35 year old smoker in good health will pay much higher premiums than a 35 year old nonsmoker. Actuaries use historical data on mortality rates for smokers versus non-smokers to set pricing for each category. A skilled actuary is a significant asset to an insurance company, helping achieve profitability across all lines of business. For more information on actuary careers visit: BLS site
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