What is actuarial science? How to apply for the same?
Asked by suleman inamdar
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1 Answer
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Actuarial Science is a discipline that applies Mathematical and Statistical Methods
( mainly Probability theory ) to asses the risks in Insurance and Financial sectors. In other words Actuaries are risk assessment professionals / specialists. They are assessing risk on the basis of probability theory and possibilities for risks in future.Also analyses previous risk histories and loss ratio and fix risk rate for insurance companies.
Actuaries are key professionals in Insurance companies. They may get more salary than CEO. Actuaries are highly paid professionals.
B.Sc -Actuarial Science and Masters level programs available with major univ...more
The user recommends following institutes
Anupama College Of Management Studies and Science
DS Actuarial Education Services Private Limited
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