Actuarial Science| Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries. Actuaries are professionals who are qualified in this field through education and experience. In the United States, Canada, the United Kingdom, and several other countries, actuaries must demonstrate their qualifications by passing a series of professional examinations.
Actuarial science includes a number of interrelating subjects, including probability and statistics, finance, and economics. Historically, actuarial science used deterministic models in the construction of tables and premiums. The science has gone through revolutionary changes during the last 30 years due to the proliferation of high speed computers and the synergy of stochastic actuarial models with modern financial theory. Many universities have undergraduate and graduate degree programs in actuarial science. In 2002, a Wall Street Journal survey on the best jobs in the United States listed "actuary" as the second best job. |
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Do We Need Equine Insurance?Yes as we said top show horses, race horses and other horses are have equine insurance, but should we insure ourbackyard pony or our daughter horse? Does equine insurance make sense for horses who aren't or may never be worth large sums of money?... | |
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The Best Jobs in InsuranceThe insurance industry in the United Kingdom is one of the hottest areas of job growth over the last decade. Home-owners, drivers, and other people concerned about accidents, unforeseen incidents and possible injury purchase insurance to ..... | |
Occupational Outlook for ActuariesThrough their knowledge of statistics, finance, and business, actuaries assess the risk of events occurring and help create policies for businesses and clients that minimize the cost of that risk. For this reason, actuaries are essential to ..... | |
Interact with the world through web video conferencingThe author of the article introduces web video conferencing services and specifies their advantages for large companies operating a network of associates around the world. | |
