Actuaries, Mathematicians and Statisticians

Key Tasks

• •Defining, analysing and solving complex financial and business problems relating to areas such as insurance premiums, annuities, superannuation funds, pensions and dividends
• •Examining financial projections for general insurance companies, finance companies, government and other organisations
• •Designing new types of policies, assessing risks and analysing investments in life insurance, superannuation funds, health insurance, friendly societies, financial markets and other areas
• •Formulating mathematical models to simulate processes
• •Applying models to experimental observations, and adjusting and recasting the models
• •Using numerical analysis methods to develop algorithms and perform computations
• •Liaising with management and clients to determine the subject or area to be surveyed or examined
• •Specifying the data to be collected, and the methodology to be used in collection and analysis
• •Evaluating and describing the reliability and utility of source information
• •Analysing and interpreting data, and producing relevant statistics to describe and infer particular trends and patterns

Employment Projections to 2034