anyone heard of actuarial sciences? or in french:"mathematiques actuarielles"? its smth related to math and business too plz i need help very soon
2006-09-15 03:40:00 · 6 answers · asked by lebanon_jules 2 in Science & Mathematics ➔ Mathematics
That's what I do. i just started a few months ago, but I could give you a reasonable impression of what I do.
I work with reserves, which is the amount of money we need to set aside for future insurance losses. It involved a lot of spreadsheet work. The career is lucrative, challenging, and a whole lot of Math!
There are about 9 exams you will need to take to become a Fellow in your field as an Actuary. Check out the following links for the exam information and beanactuary.com in particular to see if it's right for you!
2006-09-15 03:47:10 · answer #1 · answered by J G 4 · 1⤊ 3⤋
The future is full of uncertainty. Some of the events that can happen are undesirable. "Risk" is the possibility that an undesirable event will occur. Actuaries are experts in:
evaluating the likelihood of future events,
designing creative ways to reduce the likelihood of undesirable events,
decreasing the impact of undesirable events that do occur.
This is a high paying job for the math minded.
Check out:
2006-09-15 10:45:30 · answer #2 · answered by Richard 7 · 6⤊ 0⤋
From what little I know, they are folks who quantify risk based on various factors for insurance companies.
ie. if you want life insurance they do a whole questionnaire/medical screening and based on what they find charge you different rates based on your health risk.
2006-09-15 10:44:44 · answer #3 · answered by Will 4 · 0⤊ 0⤋
ac·tu·ar·y (kch-r) KEY
NOUN:
pl. ac·tu·ar·ies
A statistician who computes insurance risks and premiums.
2006-09-15 11:06:12 · answer #4 · answered by Helmut 7 · 0⤊ 1⤋
it is statistical math used for insurance and finance.
2006-09-15 10:45:33 · answer #5 · answered by dan 4 · 0⤊ 1⤋
Yes, but what do you need to know about it?
2006-09-15 10:43:52 · answer #6 · answered by bruinfan 7 · 0⤊ 1⤋