Q&A

What is the job outlook for actuaries?

What is the job outlook for actuaries?

18\% (2014)
Actuary/Projected 10-year growth

What state has the most actuaries?

1. New York

Total Actuary Jobs: 104
Location Quotient: 2.38 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

Is Actuary the highest paying jobs?

The skill which offers the highest pay to actuaries in India is Financial Analysis. Actuaries with this skill earn around 59\% more than the average. Other prominent skills that offer above-average pay are: Financial Modeling (53\% more than the average)

What is the employment outlook for actuaries?

Employment Outlook for Actuaries. More actuaries will also be needed to help companies manage their own risk, a practice known as enterprise risk management. Actuaries will help companies avoid, manage, and respond to any potential financial risks across all areas of their business operations.

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What are the typical work hours of an actuary?

Actuaries typically are in an office setting, working about 8 hours per day each weekday. Most positions don’t require much travelling, overtime, or work on the weekends. There are some exceptions though, such as consulting actuaries.

How is the job outlook for actuaries?

Prospects. Insurance companies have always been the primary industry of actuarial employment for risk management,the projection of future risks and the costs of covering that risk.

  • Merit Based Promotion.
  • Rising Salaries.
  • Zero Unemployment.
  • Interesting,Valued Work.
  • Resources.
  • What is the expected job growth of Actuaries?

    Employment of actuaries is projected to grow 18 percent from 2019 to 2029, much faster than the average for all occupations. Actuaries will be needed to develop, price, and evaluate a variety of insurance products and calculate the costs of new, emerging risks.