Actuaries analyse and manage the risks of financial contracts.
The actuary's work is based on the application of mathematical, statistical, economic and financial analysis to a wide range of practical problems in long-term financial planning and management. There are excellent prospects for interesting, challenging, satisfying and well-paid careers. Consulting actuaries offer their professional services for a fee. The increasing technical sophistication of the investment and finance sector has created a demand for actuaries with strong financial and risk management skills. Opportunities exist in investment banking, funds management, financial market training and support roles, risk managment and stockbroking.