Advising on marketing and administration of pensions and life assurance schemes. Carrying out actuarial valuations. Employers give study leave eg 40 days yearly, but evening and weekend study is needed to pass the exams. Most qualify in 4-5 years. Qualified actuaries can move quickly into managerial roles and partnership, with responsibility for a range of clients.
Alternative advancement is by specialisation.
Increments are usually paid for examination success and the newly qualified can expect to earn 30,000. Excellent benefits packages are common. Wide range of salaries when experienced. Most actuaries work for large UK or foreign assurance companies and actuarial consultancies. Offices tend to be well appointed and benefits are normally very good.