Career in Actuarial Science

Introduction::

Actuaries are professionals who give specialist advice and relevant solutions for business and societal problems that involve economic risk.An actuary working for an insurance company might calculate how much a company would charge for a new type of car, homeowners, or health insurance.

Besides insurance, actuaries work in many other fields. That’s because their skills are readily moveable to any business that deals with risk. An actuary could work in finance, marketing, manufacturing, or in the development of new products.

Nature of Work:

An actuary working for an insurance company might calculate how much a company would charge for a new type of car, homeowners, or health insurance.An actuary might calculate how much money needs to be invested in a pension fund today so that years from now, when the employees retire, there will be funds to pay them benefits.

Besides insurance, actuaries work in many other fields, likes investment and Financial Services, marketing, manufacturing, or in the development of new products. Because their skills are readily transferable to any business that deals with risk.

Eligibilty:

A candidate having passed higher secondory or equivalent in 10+2 pattern with high degree of proficiency in maths as well as in other subjects is eligible for admisssion to the entrance exam.

Entrance examination is held twice a year i.e, in May and November.