Actuarial Science - Home - Academic Exploration and Advising Services

Actuarial Science - Home - Academic Exploration and Advising Services

2 Pages · 2010 · 113 KB · English

For more information, contact: Academic Exploration and Advising Services M110 Student Success Center Columbia, Missouri 65211 (573) 884-9700

Actuarial Science - Home - Academic Exploration and Advising Services free download

For more information, contact: Academic Exploration and Advising Services M110 Student Success Center Columbia, Missouri 65211 (573) 884-9700 Pathways to Business • Bureau of Labor Statistics, http://www.bls.gov/oco/ 2010-2009 Occupational Outlook Handbook • O*Net Online online.onetcenter.org/ • Society of Actuaries (SOA) www.soa.org • Casualty Actuarial Society (CAS) www.casact.org • Be An Actuary, jointly sponsored by SOA and CAS www.beanactuary.org • American Academy of Actuaries www.actuary.org Resources Actuarial Science Sources of information for this publication: Bureau of Labor Statistics, http://www.bls.gov/oco/ 2010-2011 Occupational Outlook Handbook 0*Net Online, online.onetcenter.org/ National Association of Colleges and Employers, http://www.naceweb.org/ 2007 Salary Survey Related Careers Actuaries need a strong background in mathematics, statistics, and related fields. Other workers whose jobs involve related skills include accountants and auditors, budget analysts, economists, market and survey researchers, financial analysts and personal financial advisors, insurance underwriters, mathematicians, and statisticians. What’s Inside: • Related Majors at Mizzou • How to Prepare for a Career in Actuarial Science • Career Information • Required Skills and Abilities Pathways to Business Actuarial Science Actuarial Science Actuarial science is the science of applying mathematical and statistical models to improve financial decision-making by evaluating the financial implications of uncertain future events. One of the main functions of actuaries is to help businesses assess the risk of certain events occurring and to formulate policies mimizing the cost of that risk. For this reason, actuaries are essential to the insurance industry. Actuaries assemble and analyze data to estimate the probability and likely cost of the occurrence of an event such as death, sickness, injury, disability, or loss of property. Actuaries also address financial questions, including those involving the level of pension contributions required

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