Actuaries are some of the brightest people in business today. They are :

who consider past & present information to develop & communicate a picture of the future.

Most people will know something about the profession of Accountants, doctors & Lawyers. But tell someone you are doing actuarial and more likely they will look at you blankly - never having heard of an Actuary.

The traditional areas in which Actuaries operates are :

Consultancy, investment, life & general insurance & pensions. Actuaries are also increasingly moving into other areas of the financial sector where the analytical skills can be employed.

The work carried out by Actuaries in Insurance included designing new insurance policies, setting premium rate calculating a company’s financial status (based on policy’s already sold)

In the Pensions field, actuaries are usually involved in designing and advising company pension schemes.

Actuaries Consultancies offer a whole range of services to their clients on issues such as acquisitions, merger’s corporate recovery & financing capital projects.

The area of Investment, actuaries are involved in a range of work such as : pricing financial derivatives, working in fund management, or working in investment research.

Actuaries in a nut shell

It's never too late

There is no age limit for joining the profession but changing your employer or career direction can prove challenging for career changers. To improve employment chances, the profession usually recommends that career changers under take one/two of one examinations independently.

Your experience & skills from your current career may be valuable to an actuaries firm. You may with to contact actuarial employer directly to discuss your future opportunities.