(NOC 2161)

Career Description

Actuaries apply mathematics, statistics, probability and risk theory to assess potential financial impacts of future events.

Duties May Include

  • Apply mathematical models to forecast and calculate the probable future costs of insurance and pension benefits
  • Design life, health, and property insurance policies, and calculate premiums, contributions and benefits for insurance policies, and pension and superannuation plans
  • May assist investment fund managers in portfolio asset allocation decisions and risk management. They also use these techniques to provide legal evidence on the value of future earnings.

Examples of Titles

Actuarial Analyst
Actuarial Assistant
Consulting Actuary
Insurance Actuary
Life Actuary

Here are some schools that have programs related to this career:

University of Waterloo
Waterloo, Ontario, CA

Related Program(s):
Actuarial Science Bachelor; Co-op; Honours
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Concordia University
Montreal, Qu├ębec, CA

Related Program(s):
Actuarial Mathematics/Finance (BA, BSc) Bachelor; Co-op
Actuarial Mathematics (BA, BSc) Bachelor; Honours
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Western University
London, Ontario, CA

Related Program(s):
Actuarial Science Bachelor; Honours
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Modified on April 06, 2022