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Science in Actuarial Science - Job Description

Actuaries evaluate complex risks and assess the potential financial consequences of those risks. 


Typical responsibilities include:
  • analysing statistical data, for example of accident rates
  • computer modelling of statistics to determine potential risks
  • preparing presentations and reports
  • communicating findings to clients, managers and stakeholders
  • keeping abreast of financial developments in the business world.
In insurance-related specialisms, actuaries must ensure that premium rates are set accurately and that adequate funds exist to meet claims.

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