If you love numbers and managing spreadsheets, being an actuary may be the perfect job for you. According to a recent report from CareerCast.com, high job satisfaction, a positive hiring outlook, and generous average pay make the actuarial profession the best job in the United States in 2015.
Actuary has continually ranked hight in the Job Ranking Report, which uses data from the U.S. Bureau of Labor Statistics to evaluate factors such as employment stability, stress level, and work environment. While the report cites an actuary's average salary at $94,209, surveys conducted by actuarial recruiting firms indicate that salaries can rise to an average high of $489,000 for actuaries with credentials awarded by the Casualty Actuarial Society (CAS) and 20+ years' experience.
According the the CAS, a casualty actuary is a professional skilled in the analysis, evaluation and management of the financial implications of future contingent events primarily with respect to general insurance, including property, casualty, and similar risk exposures. A casualty actuary has practical knowledge of how these various risks interact with each other and the environment in which these risks occur.
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Jayleen R. Heft
Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].
