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

5 Things To Do After B.Tech

It has been seen that usually after graduation students are in confusion of what their next years will be like. Many are muddled with the choice they .. read more

An expert guide to entry level jobs for MBAs

Job hunting is always a tough task for graduates. Hunting for a job after MBA requires prior research and knowledge about the prospects and scope of t .. read more

Career Opportunities In Food Science And Technology

Choosing a correct career is becoming difficult but seeing your interest and following it can lead you to choose the best career. A person finding foo .. read more

A Foray At Changing The Perceptions About ‘Career In Hospitality’

There always have been times in our lives when we have thought about whether we want to excel and take our existing careers ahead or completely switch .. read more
Most Popular

What are the key things the resume of a Web Designer must reflect?

A resume is a ideal place / Opportunity to exhibit your designing talents.    Show to the world in the shortest possible time, about your sk .. read more

I am 12th pcm student 'if not engineering than what career I choose

Hello, Thanks for Asking..!! Many Students search for the best career options after 12th Science except Engineering. It is very hard step of your care .. read more

I am a failiure of class 12 what can I do..?? plz suggest me I am so confused I want ot make my career in army

If u want to pass in NIOS board for October 2017 then I can guide you and help u . We are giving sureties of passing in 10th & 12th NIOS board . w .. read more

What are the most interesting things I can do while working as a Psychologist?

The most interesting things you can do while working as a Psychologist are creating your own style of handling your patients. Go beyond the bookish kn .. read more