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the mathematical theory of probabilities.

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13y ago

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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 are actuarial jobs and how do you get one?

Actuarial jobs are mainly found in the insurance companies. An actuary calculates the statistics for different aspects of life and the chances of death in any given situation. Based on these numbers, the insurance companies decide how much to charge for the insurance they sell their clients. To become an actuary you are not required to have a specific degree in Actuarial science, however a math or science based degree can be helpful.


How much do actuarial scientist earn?

How much do Actuarial Scientist earn?


What is an actuarial scientist?

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.


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.


Can you provide examples of certainty in various situations?

Certainty can be found in situations where there is clear evidence or proof. For example, the sun rising every morning is a certainty based on scientific understanding. In mathematics, 2 2 always equals 4, providing certainty in calculations. Additionally, historical facts such as the date of a significant event can be considered certain based on documented evidence.


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.


Why certainty is important?

If we are certain of what we know then we become solid and sure on the actions that we do....a knowledge that is founded and based on certainty is not a thithered knowledge. Hence a knowledge that is bot back up with certainty makes man's decison ad action unstable and not even credible