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Risk Analysis

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.

 

Degrees for Entry Level Actuaries

 

  • Bachelors in General Business,
  • Bachelors in Mathematics
  • Bachelors in Actuarial Science
  • Bachelors in Statistics
  • Bachelors in Economics
  • Bachelors in Finance
  • Bachelors in Accounting

 

Median Salaries for Actuaries

 

Entry Level

$58,280

Associate

$70,688

Senior

$91,197

 

 

 

 

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