Actuaries Manage Risk.
Using strong analytical skills, we help organizations plan for the future and protect themselves from financial loss. By assessing and managing risk, we play a key role in the stability of businesses, economies, and society as a whole. Our work ensures that companies can grow, retirees can invest with confidence, and individuals can make financial decisions with peace of mind.
Actuaries are experts in:
- Evaluating the likelihood of future events — using data and mathematics, not a crystal ball.
- Developing strategies to reduce the chances of undesirable events.
- Minimizing the financial impact of undesirable events when they do occur.
What is Risk?
Risk is everywhere. Individuals, organizations, and entire industries face uncertainty every day. As actuaries, we quantify and manage these risks, allowing the economy to thrive and businesses to operate with confidence.
To illustrate, here are just a few ways we make a difference:
- Insurance Pricing: We determine how much insurance companies should charge for auto insurance, factoring in variables like vehicle type and driver history.
- Life Insurance and Financial Planning: We design life insurance products that provide security for families, while allowing individuals to pursue adventurous activities without financial worry.
- Retirement Planning: We help companies create sustainable retirement plans for their employees.
Actuaries are the backbone of financial security. Insurance companies, financial planners, and global corporations rely on us to make informed decisions that protect their futures. By providing data-driven insights, we help businesses take strategic risks with confidence to grow — and this benefits everyone.
Why Become an Actuary?
A career as an actuary consistently ranks among the best jobs in the United States, according to U.S. News and World Report. Practicing actuaries experience a unique balance of benefits, including:
- High earning potential
- Strong job security
- Diverse career opportunities
- Engaging and analytical work
This site is here to help you explore the actuarial profession, understand what it takes to become an actuary, and determine if this career path aligns with your strengths and interests.