Actuaries Quiz: Is This The Right Career For Me

Stanley TanLeave a Comment



is Actuaries the right job for me
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Actuaries

Other names for this job might include Actuarial Analyst, Actuarial Assistant, Actuarial Associate, Actuarial Consultant, Actuarial Mathematician, Actuary, Consulting Actuary, Health Actuary, Insurance Actuary, Pricing Actuary


  • $110560
    Salary
  • 80%
    Job satisfaction
  • Quite Hard
    Becoming one
  • High
    Job growth
OwlGuru Rank

A+



Should I Be An Actuary – 1 Min Quiz


In this career quiz for Actuaries, you will find out if working as one is right for you.

After taking this career quiz, you will find out if becoming an Actuary is the right career choice for you and if you should become one.



Is This Right For Me

Best personality for this career
The Organizers and The Thinkers


People who are suitable for to be An Actuary 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.

Now let’s assume that your personality matches. Should you still consider becoming An Actuary?

Not so fast because you may or may not like what Actuaries do at their day to day work.

At a typical day’s work, they Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.

Actuaries also Determine or help determine company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public..

Here are some of the things that you can expect to be doing if you decide to become An Actuary.

1.Design, review and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
2.Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
3.Provide advice to clients on a contract basis, working as a consultant.
4.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.
5.Provide expertise to help financial institutions manage risks and maximize returns associated with investment products or credit offerings.

You can read more about what do Actuaries do here.

Generally, people who are suited for this job have Analytical Thinking and Integrity. Here are their top 5 characteristics.

1.Analytical Thinking
2.Integrity
3.Attention to Detail
4.Dependability
5.Achievement/Effort

Are Actuaries introverts or extroverts?

According to our introvert and extrovert rating score, Actuaries are ranked #106 out of 974 jobs for introverts and #791 for extroverts.



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Instructions to Quiz

In this career quiz, there are 10 questions that will analyze if the Actuaries career 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



Career Quiz

QuestionDislikeOkayLike
You’re interested in mathematics like arithmetic, algebra, geometry, calculus, statistics, and their applications.
You’re 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.
Determine or help determine company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.
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.

Here are your results.
00 to 09 points = You will not like this career
10 to 15 points = You are the right person for the job
16 to 20 points = You are perfect for this career


How we can help

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Yes, I'm sure


Rank: B
Salary: $71230

They analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.
Rank: B+
Salary: $73670

They examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
Rank: B+
Salary: $68700

They research market conditions in local, regional, or national areas, or gather information to determine potential sales of a product or service, or create a marketing campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution.
Rank: B+
Salary: $92250

They conduct quantitative analyses of information affecting investment programs of public or private institutions.
Rank: A
Salary: $118670

They plan, direct, or coordinate compensation and benefits activities of an organization.







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Career type

Computer IT and Mathematics
Mathematics
Insurance Services

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Learn more about Actuaries

Summary
Job Description
Salary
Requirements
Is This Right For Me (You are here)

Study To Be An Actuary


Related to Actuaries Quiz

Actuaries quiz, should i become an Actuary, is Actuaries suitable for me, do i want to be an Actuary, Actuaries personality test

Additional resources

http://www.bls.gov/OOH/math/actuaries.htm
http://www.actuary.org/
http://www.beanactuary.org/
http://www.asppa.org/

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Actuaries
Written by: Stanley Tan
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.
5 / 5 stars

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