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.
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.
|3.||Attention to Detail|
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.
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
They analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.
They examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
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.
They conduct quantitative analyses of information affecting investment programs of public or private institutions.
They plan, direct, or coordinate compensation and benefits activities of an organization.