Is there any scope of actuarial sciences?

0 51 Views | Posted 7 years ago
Asked by Madhur Nagrath

  • 3 Answers

  • Shiksha Ask & Answer

    Answered by

    Sunil Soni Management & IT Consultant | Scholar-Level 18

    7 years ago
    Actuarial Science professional design and price insurance policies, monitor adequacy of funds for paying promised benefits, recommend appropriate rate of bonus, evaluate the insurance business, ensure solvency margin and legal liability, loss of profit, etc. They use scientific data to calculate risks and fix premiums. Actuarial Science professional s have good career opportunities in companies which are in the field of Health Insurance, General Insurance, Life Insurance, Reassurance companies, Consulting firms, Government Investment firms ,Risk Management, Banks and financial institutions. Refer https://www.shiksha.com/careers/actu
    ...more
  • Shiksha Ask & Answer

    Answered by

    Adv. Ved Vinayak Law educator at Lex Logic You Tube channel. | Contributor-Level 9

    2 years ago
    My dear candidate, scope in Several Sectors
    Actuaries play important roles in several corporate and social environments. As follows:
    Medical Insurance, Automobile Insurance, Health Insurance, Plans for employee retirement and benefits
    Insurances in general, Financial and Investment Services, sectors of education. BPO Investment companies
    Rating agencies for risk management
    The following positions are possible for actuaries:
    risk experts, Administrative assistant, Finance consultants in several Insurance areas, acting as a BPO administrator, Actuary Named as General Officer Financial Service Executive, Actuarial Expert
    Health care analysts, ma
    ...more
  • Shiksha Ask & Answer

    Answered by

    Vinay kr Pandey Simple but significant | Scholar-Level 16

    2 years ago
    Dear aspirant, Scope in Various Sectors
    Actuaries have key roles in many business as well as social contexts. They are:
    Health Insurance
    Vehicle Insurance
    Life Insurance
    Employee Retirement and Benefit Plans
    General Insurances
    Investment and Financial Services
    A few other sectors that require suitable actuaries are listed below. Asset Liability management in many sectors
    Pension Funds
    Banks
    Project Management
    Hospitals
    Health care sectors
    Education sectors
    BPO
    Investment firms
    Risk Management
    Rating Agencies
    Actuaries can play the following roles:
    Risk analysts
    Administrating officer
    BPO administrator
    Actuary Director
    Finance consultants in various Insurance
    ...more

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