The secret to a stable and rewarding career
The projected job growth rate for actuaries from 2022–2032 is an impressive 23%, according to the U.S. Bureau of Labor Statistics. That’s five times faster than the average growth rate across occupations. But which industries do actuaries work in?
- Insurance: Actuaries develop and price insurance products, assess risk, and set reserves for insurance companies.
- Finance: Actuaries work for banks, investment firms, and other financial institutions to assess risks, design pension plans, and develop new financial products.
- Healthcare: Actuaries work for healthcare providers and insurers to develop and price health insurance products, assess risk, and manage costs.
- Consulting: Actuaries work for consulting firms to provide advice to businesses and organizations on a variety of actuarial and financial matters.
Actuaries are in high demand and paid well to deliver their services. But that means a stressful demanding life, right? No. Being an actuary is a low-stress job. In fact, it’s ranked as a top 5 low-stress profession for jobs that pay over $100,000.
For you, this means financial security, stability, and peace of mind. That’s why becoming an actuary is a great choice.