About Actuaries
What We Do
Actuaries are professional business people who are skilled in the application of mathematics to financial problems. Actuaries employ their specialized knowledge of the mathematics of finance, statistics and risk theory on problems faced by the following:
- Insurance companies (both Life and Property/Casualty)
- Pension plans
- Government regulators
- Social programs
- Individuals
Actuaries have practical business sense, the creativity to apply training and experience to new problems and provide innovative solutions, and the communication skills required to convince both colleagues and clients. They help people plan better for the future by controlling or reducing financial risks associated with the following:
- Retirement
- Sickness
- Disability
- Unemployment
- Property loss and damage
- Investment policy
- Dying too soon
- Living too long
