What type of actuary gets paid the most?

Historically, DW Simpson has reported that the highest actuary salaries by type of work were $556,000 for actuarial fellows in casualty insurance, $528,000 for those in life insurance, $423,000 for those in health insurance and $364,000 for those in pension jobs.

Is an actuary one of the highest paying jobs?

Ranking the actuarial career. Actuary makes Time’s list of highest paying jobs in 2016. Actuary is #2 in Ranking of Best Occupations in the U.S.

Can actuaries become Cfos?

Actuaries can become VPs while still actuaries, Chief actuaries, or can transition into another role like Chief Underwriter, Chief Financial Officer, on rare occasion Chief Executive Officer, or pretty much any other financial role within the company. Again, this applies only to insurance companies.

Can actuaries be Cfos?

We’ve seen actuaries move into chief risk officer and chief financial officer roles, as presidents of insurance and reinsurance companies as well as banks, and heading up analytics departments.

Where do Actuaries rank on the list of best business jobs?

Actuaries rank # 6 in Best Business Jobs. Jobs are ranked according to their ability to offer an elusive mix of factors. Read more about how we rank the best jobs.

Do Actuaries make a lot of money?

While the occupation as a whole has an appealing median wage in the six-figure range, the opportunity to earn even more money is there for actuaries who attain the highest levels of professional certification. From entry-level to senior-level, actuaries have significant earning potential throughout their careers.

Are there different exam requirements for different types of Actuaries?

There are different exam requirements, depending on what sort of actuary you want to be. The early exams are the same for all sorts of actuaries, though the final exams would differ as an actuary works toward a specialty. We’re sorry, there was a problem loading job openings.

How many jobs will actuarial science open up in the future?

In that period, an estimated 4,900 jobs should open up. Actuarial science is a discipline that uses mathematics, statistics and financial theory to measure, manage and mitigate financial risk and uncertainty.