Actuaries typically work for insurance companies to help them design their policies and set the premiums. They work on behalf of the company, carefully analyzing each policy to ensure profitability while maintaining competitiveness. It’s common for Actuaries to specialize in one area, such as health insurance, life insurance or property and casualty insurance. Some Actuaries may work for consulting firms, government entities or pension companies handling their property, life, casualty and health insurance policies.
ਇੱਕ Actuary ਕੀ ਕਰਦਾ ਹੈ?
An Actuary, or Actuarial Analyst, assesses the financial impact of potential risks using statistics, financial theories and mathematics. Their duties include estimating probabilities of the success of certain business decisions, projecting the probability and costs of potential negative events, such as natural disasters or accidents, and designing insurance policies or business strategies to reduce a company’s financial risks.
