Risk Analysis Professionals, Risk Analysis Degrees, Risk Analysis Training
Risk Analysis Professionals are known as Actuaries. Actuaries are essential employees because they determine future risk, make price decisions, and formulate investment strategies. Most Actuaries specialize in insurance; others work primarily in finance or employee benefits.
They also address financial questions, including pension planning or how a company should invest resources to maximize return on investment in light of Risk Analysis. Moreover, Actuaries may help determine company policy and sometimes explain complex technical matters to company executives, government officials and shareholders
They also may help companies develop plans to enter new lines of business or new geographic markets with existing lines of business by performing Risk Analysis in competitive settings.
Two professional societies sponsor programs leading to Full Professional Status in their specialty. The first, the Society of Actuaries (SOA), administers actuarial examinations for insurance, pension, and investment fields. The Casualty Actuarial Society (CAS) gives examinations for the property and casualty field.
