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Actuaries Career

For the Actuaries, the average hourly wage is $63.70 and the average annual wage is $132,500. Understand required skills and ability for the career and find right career colleges for it.
Actuaries career

Actuaries

The main tasks and work activities of Actuaries are to manage financial activities of the organization, analyze health-related data, collaborate with others to develop or implement marketing strategies, develop organizational goals or objectives. In general, for the Actuaries, critical Thinking, judgment and Decision Making, mathematics, reading Comprehension and other 16 skills are required.
ProgramsOccupationsSchoolsDetailed Description

General Job Description and Education/Training Levels for Actuaries

Most of Actuaries occupations require a four-year bachelor's degree, but some do not. You can check detailed job description, required skiils, activities, and more detailed description at Actuaries tasks, skills, and ability page.
The following graph shows the percentage of earned degrees held by Actuaries occupational group.
Less than a High School Diploma
0.00%
High School Diploma (or the equivalent)
0.00%
Post-Secondary Certificate
0.00%
Some College Courses
0.00%
Associate's Degree (or other 2-year degree)
0.00%
Bachelor's Degree and Above
100.00%

Vocational Programs for Actuaries Career

9 vocational programs are closely related to the Actuaries occupation - Applied Mathematics, Computational and Applied Mathematics, and 7 more programs. You can check the schools offering the programs with tuition, length of study, and earning information.
A program that focuses on the application of mathematics and statistics to the solution of functional problems in fields such as engineering and the applied sciences. Includes instruction in natural phenomena modeling continuum mechanics, reaction-diffusion, wave propagation, dynamic systems, numerical analysis, controlled theory, asymptotic methods, variation, optimization theory, inverse problems, and applications to specific scientific and industrial topics
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A program that focuses on the application of a broad range of mathematical and computational methods to modeling, analysis, algorithm development, and simulation for the solution of complex scientific and engineering problems. Includes instruction in numerical analysis, discrete mathematics, operations research, optimization, differential equations, statistics, scientific computation, and applications to specific scientific and industrial topics
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A general program that focuses on the relationships between groups of measurements, and similarities and differences, using probability theory and techniques derived from it. Includes instruction in the principles in probability theory, binomial distribution, regression analysis, standard deviation, stochastic processes, Monte Carlo method, Bayesian statistics, non-parametric statistics, sampling theory, and statistical techniques
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A program that focuses on the mathematical theory underlying statistical methods and their use. Includes instruction in probability theory parametric and non-parametric inference, sequential analysis, multivariate analysis, Bayesian analysis, experimental design, time series analysis, resampling, robust statistics, limit theory, infinite particle systems, stochastic processes, martingales, Markov processes, and Banach spaces
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A program with a general synthesis of mathematics and statistics or a specialization which draws from mathematics and statistics. Includes instruction in calculus, linear algebra, numerical analysis and partial differential equations, discrete mathematics, probability theory, statistics, computing, and other related topics
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Any instructional program in Statistics which is not categorized in sub area
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A program that focuses on the mathematical and statistical analysis of risk, and their applications to insurance and other business management problems. Includes instruction in forecasting theory, quantitative and non-quantitative risk measurement methodologies, development of risk tables, secondary data analysis, and computer-assisted research methods
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Schools for Actuaries Occupation

The following schools offer the vocational programs and courses for preparing Actuaries. The list includes some 4-year colleges that have certificate or associate programs for the career.
Norwich, CT
Three Rivers Community College
Public, 2-4 years, Offering 55 programs to 2,937 enrolled students and its average tuition & fees is $14,220
Winsted, CT
Northwestern Connecticut Community College
Public, 2-4 years, Offering 48 programs to 1,149 enrolled students and its average tuition & fees is $14,172