An actuary is the one who analyse the risk and uncertainties along with the financial costs. They use mathematics, statistics, and financial theory to access the risk of potential events. Their work is important for the insurance industry.
- Actuaries work in teams that includes managers and professionals of other fields, such as accounting, underwriting, and finance. - Actuaries usually work in an office setting, those who work for consulting firms may need to travel to meet with clients. - They mostly have to work full time
Daavid X Li called “the world’s most influential actuary” by The Financial Times. He is a quantitative analyst and actuary. He is the one who pioneered the use of Gaussian models for the pricing of collateralized debt obligations in the early 2000’s.
Harald Cramer also known as “one of the giants of statistical theory”. He was a well-known Swedish mathematician, actuary and statistician.
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