Is a Career as a Actuaries Right for You?
Actuaries at a Glance
- O*NET-SOC Code
- 15-2011.00
- Holland Code
- CIE
- Typical Education
- Most of these occupations require a four-year bachelor's degree, but some do not.
What Does a Actuaries Do?
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
- Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
- Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.
- Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
- Determine, or help determine, company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.
- Construct probability tables for events such as fires, natural disasters, and unemployment, based on analysis of statistical data and other pertinent information.
Salary and Job Outlook
Verified salary and job-growth data for this occupation aren't published on this page yet, we only show figures we can cite to a real source (PRD methodology: O*NET/BLS).
Is Your Personality a Fit?
People who thrive as a Actuaries tend to score high in Conventional, Investigative, Enterprising interests. Take the free career test to see how your own results compare.
Take the free career test to see if you matchHow to Become a Actuaries
Most of these occupations require a four-year bachelor's degree, but some do not.
Related Careers
FAQ
What does a Actuaries do day-to-day?
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
What education do I need to become a Actuaries?
Most of these occupations require a four-year bachelor's degree, but some do not.
Is a Actuaries a good personality fit for me?
It depends on your interests: Actuariess tend to score high in Conventional, Investigative, Enterprising. Take the free career test to see your own match.
Occupation data from the O*NET O*NET 30.3 Database (retrieved 2026-07-21), U.S. Department of Labor, used under the CC BY 4.0 license.