What do you do day to day as an actuary?

An actuary evaluates, manages and advises on financial risks. They use their knowledge of business and economics, together with their understanding of probability theory, statistics and investment theory, to provide strategic, commercial and financial advice.

How many hours do actuaries work a week?

Typical Work Week Actuaries typically work 40 to 50 hours per week, says Ford.

How many hours a week does an actuary work?

You would typically work normal office hours, Monday to Friday, although you may need to be flexible. Part-time work and job sharing, once qualified, may also be available. During your training, it’s common to spend around 15 hours a week studying for professional exams as well as working full time.

How many hours do actuarial consultants work?

They often work at least 40 hours a week. Some actuaries, particularly consulting actuaries, may travel to meet with clients. Consulting actuaries and actuaries who work in the investment banking field may experience a more unpredictable schedule and be expected to work more than 40 hours per week.

How often do Actuaries work from home?

Nonetheless, it seems that there’s a fairly wide range of work-at-home options for actuaries. The large majority of actuaries tend to work 100\% of the time at work or just work at home approximately one day per week. Much fewer actuaries work everyday at home.

What is the work environment and culture like for an actuary?

Work Environment. Most actuaries work for insurance companies. Although most work full time in an office setting, some actuaries who work as consultants may travel to meet with clients.

How can my employer help me get an actuarial certification?

Most employers support their actuaries throughout the certification process. For example, employers typically pay the cost of exams and study materials. Many firms provide paid time to study and encourage their employees to set up study groups.

What are the benefits of telecommuting for actuaries?

The option to telecommute also allows actuaries with children to be able to stay home with them while they’re sick or too young to go to school. The ability to work at home can be especially beneficial if you’ve got important deadlines approaching. The office is often full of distractions, and can sometimes get noisy too.