Career Quiz and Most Suitable Personality
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Actuaries
Actuaries 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.
Career Quiz
In this career quiz, there are 10 questions that will give you a pretty good perspective on whether the career of an Actuary is right for you.
There are 3 answers to each question: Dislike, Okay and Like.
Answer “Dislike” if you tell yourself “Ugh… Sounds boring” or “I’m not sure”
Answer “Okay” if you tell yourself “Umm… I think I will be okay with that”
Answer “Like” if you tell yourself “Yes, I’m interested”
Ready? Let’s start
| Question | Dislike | Okay | Like |
|---|---|---|---|
| You are interested in arithmetic, algebra, geometry, calculus, statistics, and their applications. | |||
| You are interested in economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data. | |||
| Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits. | |||
| Design, review and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums. | |||
| You like following set procedures and routines. | |||
| You like working with data and details more than with ideas. | |||
| You like working with ideas, and require an extensive amount of thinking. | |||
| You like searching for facts and figuring out problems mentally. | |||
| You like starting up and carrying out projects. | |||
| You like leading people and making many decisions. You don’t mind risk taking and dealing with business. |
Your Results
Done?
Now count how many points you have.
Dislike = 0 point.
Okay = 1 point.
Like = 2 points.
After you’re done counting your points. Click below to view your results.
Suitable Personality
The Organizers and The Thinkers
People who are suitable for this job tends to like following set procedures and routines. They like working with data and details more than with ideas.
They also like working with ideas, and require an extensive amount of thinking. They like searching for facts and figuring out problems mentally.
You can read more about these career personality types here.
Typical Day
Actuaries 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..
Here is what a typical day’s work for an Actuary looks like:
- Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
- Design, review and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
- Determine or help determine company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.
- Provide advice to clients on a contract basis, working as a consultant.
- Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
Find out more about what Actuaries do at work.
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Learn more about Actuaries
| Summary | |
| Job Description | |
| Salary | |
| Requirements | |
| Quiz (You are here) |
Related to Actuaries Quiz
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