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.
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?
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.
Casualty Actuarial Society was created in 1914.
Croatian Actuarial Association was created in 1996.
Actuarial Society of the Netherlands was created in 1888.
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.
I use this site to hire actuarial consultants for my business.
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.
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
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 ,