Actuary
YOUR MISSION
Analyze. Compare. Persuade. Leave no room for the unexpected.
YOUR PROFESSION
When you’re an actuary, what do you do? You rely on your mathematical knowledge and prepare contracts according to the risks of a specific situation by compiling data. You set pricing scales and rules for each risk type, then ensure the profitability of the contracts. Finally, you help people better prepare for the future by reducing risks.
YOUR PROFILE
A good actuary is someone who likes to analyze, compare data, and deduce probabilities and statistics from it. Methodical and capable of working on a team, they use their creativity to find original solutions to new problems.
YOUR EMPLOYERS
Your career. Your lifestyle. When you’re an actuary, you may work at independent consulting firms or insurance companies. You can therefore work in an office, remotely, or even at your own firm.
THE DESIRED SKILLS
- Have a good knowledge and a keen interest in mathematics
- Be detail-oriented with strong analytical abilities
- Express yourself clearly with good communication skills to persuade your colleagues and clients
- Have a practical business sense
- Have skills in fields such as computer science, economics, investments, marketing, and management
Do you recognize yourself here? An exciting career awaits you!
THE EDUCATIONAL PATHWAYS
To become an actuary, the privileged pathway is to hold a DCS focused on mathematics or science, then obtain a bachelor’s degree in actuarial sciences in order to take a series of professional examinations leading to the title of actuary.
THE PREREQUISITES FOR BECOMING A P&C INSURANCE AGENT
To be a recognized actuary in Canada, you must hold the Fellow title from the Canadian Institute of Actuaries (CIA). This title is obtained by passing a series of professional examinations. Your training will help you pass these exams required by the CIA.
THE DEFINITION OF AN ACTUARY ACCORDING TO THE CANADIAN INSTITUTE OF ACTUARIES
« Actuaries are professional business people who are skilled in the application of mathematics to financial problems. Actuaries employ their specialized knowledge of the mathematics of finance, statistics, and risk theory on problems faced by insurance companies (both life and property/casualty), pension plans, government regulators, social programs, and individuals. »
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