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Careers / Actuaries |
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| Job Requirements |
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Experience:
A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified. |
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Education:
Most of these occupations require a four-year bachelor's degree, but some do not. |
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Training:
Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training. |
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| Top 5 Skills |
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Top 5 Abilities |
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| Mathematics —
Using mathematics to solve problems. |
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| Critical Thinking —
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems. |
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| Judgment and Decision Making —
Considering the relative costs and benefits of potential actions to choose the most appropriate one. |
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| Reading Comprehension —
Understanding written sentences and paragraphs in work related documents. |
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| Complex Problem Solving —
Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions. |
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| Mathematical Reasoning —
The ability to choose the right mathematical methods or formulas to solve a problem. |
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| Number Facility —
The ability to add, subtract, multiply, or divide quickly and correctly. |
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| Deductive Reasoning —
The ability to apply general rules to specific problems to produce answers that make sense. |
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| Oral Expression —
The ability to communicate information and ideas in speaking so others will understand. |
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| Inductive Reasoning —
The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events). |
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| Knowledge |
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| Mathematics —
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications. |
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| Economics and Accounting —
Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data. |
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| Computers and Electronics —
Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming. |
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| English Language —
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar. |
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| Law and Government —
Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process. |
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| Administration and Management —
Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources. |
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| Interesting Fact |
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| When the U.S. Constitution was written, the federal government was not allowed to collect income tax. All revenues came from trade tariffs. The 16th Ammendment later permitted federal income tax. |
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| Did you know... |
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| The MyPlan.com Career College Database provides detailed profiles on more than 4,200 different vocational schools in the U.S. |
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