The reasons of becoming an actuary and future of actuarial career. Include youtube video.

Career information about the actuarial profession.

Before last summer when “The Jobs Rated Almanac” named it as thebest career in the land, few people had ever heard of anactuary.  Fewer  still  knew  who  an  actuary  was  or  what  all actuarydid. Some think that actuaries are dour, humorless individuals, cloakedin green eyes shades, sitting on high school stools in the backrooms ofinsurance  companies,  determining precisely and impassionately when people will die or accidents will occur.

The newspaper articles that followed the release of “The Jobs RatedAlmanac” did little to dispel popular misconceptions or spread usefulinformation about the profession and the opportunities that it offers.Unfortunately, many mathematics departments, which have historicallybeen the greatest source of entrants into the profession, generallyoffer little information and even less encouragement to potentialcandidates.

For those not knowledgeable about the role of actuaries in society, an actuaryis a specialist in the assessment of risk. Generally they are trainedMathematicians (though they need not be), who study and evaluate risksand determine the associated costs with respect to benefit programs,such as pension plans, life  and  health  insurance,  and  property  and   casualty insurance.  An  actuary  is  a  combination  of  an  accountant,  a  lawyer,  an  engineer  and  a politician.   An   actuaryoften communicates and/or works closely with salespeople, regulators,auditors, underwriters, claims administrators and programmers.

More than half of the actuaries in the  U.S.  and  Canada  are  employed  by  insurance  companieswhile another third work for independent consulting firms. The rest arespread among government agencies, universities and other parts of thecorporate world.

Watch the Video here:  
So… You Want to be An Actuary? with Video