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

hello, I want Media Management college's in India. so kindly give me details.

Check this out .. read more

what to do after 12 in hardware and networking

Hello There,  Before I could answer your query, I wish you had clearly mentioned which stream and whether you have Math as a subject. If yes, the .. read more

Private colleges in NCR offering MA in Psychology?

Check details given on this weblink .. read more

I want to appear for GMAT... and get admitted by this year to a good college in abroad and simultaneously i am also having my CA final exams ion may 2017...need help

Hello Upamanyu, Welcome to CareerGuide, As discussed, Go ahead with Gmat exams this year. An average score will also help you to make it into a good c .. read more
Most Popular

How is the typical day of a Tourist Guide/Manager ?

Tour guides work in the travel industry, giving guided tours to groups of visitors. They are experts on the history of the location and offer their to .. read more

What is the eligibility criteria to be a Geologist?

Someone who's interested and concerned with Earth's natural resources may want to look into a career as a geologist. Geologists study the Earth to gai .. read more

What should choose between Software developer and Bank PO

We can compare both by the following factors. 1. On the basis of Salary: Starting salary for Bank PO Job - 38,000 – 42,000 Starting salary for I .. read more

Top 10 MBA Colleges that don’t require CAT Score

1. XLRI Jamshedpur- XAT 2. JBIMS-MHCet 3. SP Jain- CAT or XAT 4. IIFT  5. NMIMS 6. SIBM- SNAP 7. XIMB- XAT 8. MICA- Ahmedabad 9. SCMHRD -SNAP 10. .. read more