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Institute and Faculty of Actuaries

What Is An Actuary?

What is an actuary?

Actuaries are problem solvers and strategic thinkers, who use their mathematical skills to help measure the probability and risk of future events. They use these skills to predict the financial impact of these events on a business and their clients.

Businesses and governments increasingly depend on the skills of actuaries and analysts to help them model and plan for the future. As the world changes at an increasingly rapid pace, risk management expertise can help businesses navigate this evolving landscape. Discover your strengths and find out if you could become an actuary in our online personality quiz.

What does an actuary do?

Actuaries possess a unique mix of mathematical, analytical, communication and management skills. They apply their abilities to create social impact, inform high-level strategic decisions and have a significant impact on legislation, businesses, and peoples' lives.

Actuaries are creative, curious and adaptable and it’s this learning mindset that helps them succeed in the digital age. Actuaries’ unique combination of technical skills and professional acumen ensures they will continue to make a difference, guarding against the impacts of future uncertainty.

Find out more about where the actuarial profession can take you in our blog What actuaries actually do.


Institute and Faculty of Actuaries