Find out everything you need to know about becoming an Actuary.
Job Title - Actuary
Description
An Actuary is an expert in the theory and practice of statistics, and specifically those of mortality, sickness, retirement and unemployment.
Typical Job Activities
Works mostly with numbers and figures
devises, compiles and develops life insurance policies, pension and medical aid
schemes
Performs other specialised functions mainly relating to the insurance industry
Deals with investments of life insurance companies
Evaluates a company's liabilities in respect to all company policies
Does this sound like a career for you? Browse jobs in the finance industry here.
Related Occupations
Chartered
accountant
Financial
analyst
Educational Requirements
4-7 years University/Technikon Studies - Senior Certificate with matric exemption
Compulsory subjects: Mathematics (HG 80 %+), English (60 %+) and two
other subjects (70 %+)
Recommended subjects: None
What natural skills and/or aptitudes do I need for this occupation?
Have good judgement and decision-making skills
Be able to work well with others
Be able to communicate his ideas both in speech and in writing
Have an interest and above average ability in mathematics
Have a logical and creative mind
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Employment Opportunities
High
Market Competitiveness
Low
Income Potential
High
Self-Employment Options
High
International Employment Market
High
Possible Employers
Government - national, provincial, local councils
and related organisations like universities
Big private companies
Browse companies hiring now.
Relevant Contact Details
The Actuarial Society of SA
http://www.actuarialsociety.org.za
Career Progress and Path
Experience in specific field
Work performance
Possible Career Paths
Management positions in the specific field
General business management
Executive positions
Employment Stability
Very stable
Reasons to consider this career
To face intellectual challenges
To focus on a specific field
