Actuaries are experts in assessing the financial impact of tomorrow’s uncertain events. They enable financial decisions to be made with more confidence by:
- Analysing the past
- Modeling the future
- Assessing risks involved
- Communicating what the results mean in financial terms
The actuary’s skills in analysis and modeling of problems in finance, risk management and product design are used extensively in the areas of insurance, pensions, investment and more recently in wider fields such as project management, banking and health care. Within these sectors, actuaries perform a wide variety of roles such as design and pricing of product, financial management and corporate planning. Actuarial skills are valuable for any business managing long-term financial projects both in the public and private sectors.
The program prepares students for a role in various fields such as:
- Life Insurance
- General Insurance
- Health Insurance
- Re-insurance companies
- Pension funds
- Consultancy
- Investments
- Government
- Academics
- Risk Management
With the opening up of economies all over the world, the role of the actuary is ever expanding.
