The Jobs Rated Almanac, published by American References Inc. of Chicago, reported that the career of an actuary is one of the best according to various criteria. Those criteria were salary, stress, work environment, outlook, security and physical demands. Nevertheless, the actuary career remains relatively unknown to many of us.
Actuaries use quantitative skills to help others make prudent and intelligent financial decisions.
These decisions are based on future predictions that are derived from past and present data analyses. However, many are employed by consulting firms, government agencies, accounting firms, industrial corporations, banks, and financial services companies. There is a growing need for skilled mathematicians in the derivative financial markets for portfolio management and option pricing. Actuaries enjoy working with people, applying analytical and mathematical skills to real life situations, working in a flexible career, and earning a good salary. The demand for actuaries remains high even in tough economic times.