What an Actuary Does and How to Become One | Education - U.S. News & World Report

Actuarial science involves assessing financial risk and requires mathematical ability, experts say.

Actuaries help to ensure that there are sufficient financial safety nets to guard against financial calamities.
Photo: Getty ImagesSomeone intrigued by the prospect of assessing and managing risk may enjoy a career as an actuary, a business professional whose job involves consistently and accurately predicting the likelihood of misfortune in the midst of uncertainty and its potential financial cost.

 What Actuarial Science Is and Why It Matters

"Actuarial science is about using math to assess what will happen next," Amy Timmons – a Phoenix-based vice president, senior consultant and actuary with Segal, a consulting firm with U.S. and Canadian offices – explained in an email.

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