Akash Tripathy

What roles do actuaries play in finance? is it possible for them to become Investment Bankers or Securities analysts?And are only 3 specialisation subjects allowed?

Specific answers regarding career as an actuary

by Akash Tripathy
1 answer
| Share :

1 answer

RE: What roles do actuaries play in finance? is it possible for them to become Investment Bankers or Securities analysts?And are only 3 specialisation subjects allowed?

Preeti Taneja
Preeti Taneja
Verified Career Expert
Head Guidance & Counselling at Project Wisdom, CSR initiative of Canam Consultants Limited, Chandigarh
  • Chandigarh

Dear Student,




The actuary designs insurance and pension plans, determines insurance premium rates and contract provisions for each type of policy offered, compiles data related to rates of mortality, sickness, injury, retirement and property loss from theft, accident, fire or any other hazard. She/he analysis claims ( insurance) from corporation or com[any. S/he also creates new attractive policies to further the organization's business. To sum up the main work areas of actuaries in the area of finance are:-


Life, General, Health Insurance & Reinsurance Companies- ( Work involves designing and pricing the policy)


Pension Funds ( Work involves designing a scheme of benefits to members of the pension scheme)


Investments ( Work involves working on the investment pattern, quantifying the risk, projecting the market expected investment returns)


Consultants ( Work involves giving investment advice to customers)


Risk Management ( Work involves population projection, managing state pension schemes etc)




This profession offers rewards in terms of high earnings, intellectual challenge, status and job satisfaction . In a fast changing world, with new risks and the need for more creative ways to tackle these, there is an immense opportunity for professional growth in an actuarial career.

In order to post replies to the question: "What roles do actuaries play in finance? is it possible for them to become Investment Bankers or Securities analysts?And are only 3 specialisation subjects allowed?"

Post Reply

Latest ANSWERS

WHICH IS THE BEST INSTITUTE FOR SAP MM IN BANGALORE

Anooptech is the Best and Quality SAP MM Training in Bangalore. .. read more

List of colleges providing admission on the basis of 12th marks? Which are the various fields apart from engineering course?

Most of top private engineering colleges allows admission on basis of class 12th marks, also some of the top engineering colleges of Bangalore are bes .. read more

i am going to complete my graduation through sv university, tirupati, kindly please intimate me about carrer for my igher studies in india & foreign ?

Please Send Me Our Conversation Details to My Email ID: vvronline.in@gmail.com .. read more

Eligibility and exemptions for Section B and AMIE Architecture?

Sir, Actually l passed B.SC with electronic science stream and diploma from IPWE and want to join AMIE Architectural. So please refer me the guideline .. read more
Most Popular

Hii i want to do pgdm in financial market...is National institute of financial management faridabad is good or not...i mean m looking to do pgdm from that institute...is it worth it or not ? Pls tell me asap thanks

  Dear Aspirant. NIFM is an autonomous Institution of Ministry of Finance, Govt. of India and the PGDFM is a 2-year full-time program a .. read more

What are the things if a Psychologist learns, will be helpful in long run?

1. Psychometric testings like testing - personality, intelligence, academic performance. 2. Therapeutic techniques like Cognitive Behaviour Therapy, R .. read more

After M.A. in psycoloy through IGNOU where shouid i study clinical psycolog??

If you want to become a clinical psychologist, then you should study M.Phil in clinical psychology which must be approved by RCI. For that course MA P .. read more

What are the career options after M.Sc Life Science?

M.Sc. candidates can pursue a career in the field of Clinical Embryology & Assisted Reproductive Technology. MOMSOON Fertility & IVF Centre is .. read more
Caching Date: 10/20/2017 12:05:56 AM