Actuaries use math to analyze risks and determine the ‘cost’ of events and situations (ex: how much to charge for health insurance, car damage claims, etc.).
VIRTUAL JOB SHADOW
Welcome to your first day on the job! Watch this video to see what a day in the life of an Actuary is like.
To become an actuary, you must pass many exams (usually around 7!). These exams take a serious amount of studying and preparation, and the pass rate is not great – only around 50%. Think you could pass an actuarial science exam? Try these practice problems from Be An Actuary. Want to try a full test? Here are some practice exams from the Society of Actuaries, the group which administers the real exam for most actuaries. It’s hard work, but go back to the career sheet above to see their annual salary!