Job Title / Job Description

Associate Actuary

Price life insurance policies taking into account mortality, interest, and expenses. Make sure that the values meet state regulations. Prepare company financial statements. Access various electronic files/databases to gather information for financial statements. Use modelling software to project profitability of blocks of business under various future scenarios. I enjoy learning about new software and using it to model products.

What are some related career opportunities and job titles in your company or in your career area?

There are entry level positions - actuarial student then actuarial analyst.

What new technology will be important?

Database mining. Projection software for stochastic modelling.

What education or training did you have to prepare for this career?

Math major. Learned FORTRAN & APL. Various Microsoft programs: WORD, EXCEL, ACCESS.

What education or training do you recommend for students today who want to enter this field?

Math/actuarial with some training in economics.

When you were in high school, did you know that you would enter this field?

No idea - thought I‘d be a teacher.