Actuary duties and responsibilities
- Conducting risk assessments
- Building predictive models to accurately analyze potential outcomes
- Recommending investments with the lowest risk and the highest profits possible
Actuary Job Description Template
Job Brief
We are looking for an Actuary to conduct complex risk analyses and predict the outcome of potential investments.
Responsibilities
- Conduct risk assessments
- Build predictive models to accurately analyze potential outcomes
- Recommend investments with the lowest risk and the highest profits possible
- Calculate total assets and liabilities
- Determine financial status after an investment
- Compare actual ROIs with forecasts
- Monitor market trends and identify opportunities for new investments and funds
- Develop guides and policies on how to avoid high-risk investments and the losses associated with them
- Keep records of payments, fundings and underwriting policies
Requirements
- Work experience as an Actuary, Investment Analyst or similar position
- In-depth understanding of how to use actuarial formulas and tables
- Hands-on experience with statistical packages like SPSS
- Good knowledge of insurance legislation
- Excellent numerical and analytical skills
- Attention to detail
- BSc in Statistics, Mathematics or Finance
- Additional certification in Risk Management or being successful in actuary exams is a plus
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