Requirements for being a successful Actuary
A high degree of accuracy and confidence is required for this position, as the implications of an Actuary’s advice often helps guide a company in making important and consequential decisions. Someone with a prior background as a Risk Manager may succeed as an Actuary as well, as many of the tasks performed are similar. A background in Finance, Mathematics, Statistics or any other Mathematics based background will assist you in landing a role as an Actuary. Given the senior nature of this job role, a significant amount of experience is usually required. Many times Actuaries work their way up through internships and graduate schemes in large financial companies, working their way through the ranks. You also need good communication skills so that you can pass on your knowledge to non-specialists in the company.