Skills and abilities required: Ability to research, analyse, and interpret data. Excellent mathematical and statistical skills. Strong problem-solving and communication skills.

What you’ll be doing: This role is required within consultancy, insurance, or government workplaces. Typical day-to-day responsibilities include:

  • Analysing statistics and assessing risks
  • Testing financial options and forecasting 
  • Building mathematical and statistical models
  • Delivering and explaining findings to clients and managers

Career progression: To become an actuary, you will first be required to join the Institute and Faculty of Actuaries (IFoA) as a student member, and then conduct yourself as a trainee actuary whilst undertaking professional exams. As your experience increases, you may progress to a managerial role, or eventually become a partner in a financial firm. You may move into consultancy, or specialise in a particular area or industry such as healthcare.

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