Employment of actuaries is expected to grow more slowly than the average for all occupations through the year 2006, due to expected slower growth in the insurance industry. Anticipate downsizing and merger activity in the insurance industry is likely to have the greatest negative effect on those actuaries with the least experience. The expected growth in managed health plans in the health services industry should provide better prospects for actuaries, however. New college graduates entering the actuarial field without having passed any actuarial exams averaged slighty lower salaries. Insurance companies and consulting firms give merit increases to actuaries as they gain experience and pass examinations.
Some companies also offer cash bonuses for each professional designation achieved.
Accountant, economist, financial analyst, mathematician, statistician, rate analyst, rate engineers, risk managers, value engineers.