The actuarial profession is an attractive choice for a person with above average abilities in mathematics and with an interest in a career in business.
WHAT IS AN ACTUARY?
Generally speaking, an actuary is a professional concerned with the financial consequences of risk. More specifically, actuaries design and administrate insurance programs, pension plans, government welfare plans, and similar financial programs. Also, due to extensive quantitative skills, actuaries have been being recently involved in various aspects of financial risk measurement and management. The main responsibility of actuaries is to ensure that all the aforementioned programs operate on a sound financial basis. To this end, they make use of many areas of mathematics (for example: probability theory, statistics, financial mathematics) as well as of general principles of economics and finance.