Employment direction of actuaries
Actuaries are hot high-paying positions in recent years, and there is a serious shortage of talents in this field in China. Probability theory and mathematical statistics can be developed and engaged in, which is a quite good career.
Actuaries are professionals who use mathematical methods such as mathematics and statistics to analyze, plan and solve complex insurance problems and related business and social problems. In order to accomplish the above tasks, we must have the ability to analyze uncertain factors, manage and evaluate risks. More precisely, the insurance, business and social problems solved by actuaries actually include property safety schemes such as life, health, property, retirement and employee welfare, and involve economic, tax, investment and financial analysis and management.
Actuary's application requirements
Anyone with a bachelor's degree or above or equivalent, including undergraduates, can sign up for the China Actuary Qualification Examination.
However, under any of the following circumstances, you may not take the Chinese actuary qualification examination:
1, who has received criminal punishment;
2. Being subject to administrative punishment for violating financial regulations;
3. Statelessness;
4. Other circumstances identified by the China Insurance Regulatory Commission that do not meet the requirements for taking the qualification examination for actuaries in China.
What is an actuary?
Actuaries refer to mathematical professionals employed by insurance companies, mainly engaged in the calculation of insurance premiums, compensation reserves, dividends, insurance amounts, pensions, annuities, etc.
Actuaries are professionals who analyze risks and quantify their financial impact. They comprehensively use their professional knowledge and skills in mathematics, statistics, economics, finance and financial management to analyze and evaluate the influence of uncertain cash flow in insurance, finance and other fields on future financial situation.
Actuaries use knowledge of mathematics, economy, finance, probability and statistics to help companies assess the risks of some events and formulate policies to minimize the risk cost. Therefore, as employees or consultants, actuaries are very important to the insurance and reinsurance industries; It also involves retirement pension plans in other industries, and even occupies an important position in government departments.