Actuaries   15-2011

Finance

Description

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.

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Occupation Details

 

Location

Illinois

Education Requirements

Bachelor's degree

Growth Opportunity

25.20% growth rate
190 annual job openings

Wage Range

$52/hour 41.38 51.64 50th percentile 75.96

Required Work Experience

None

On-The-Job Training

Long-term on-the-job training
(more than 12 months)

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