Typical Tasks
Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.
Determine, or help determine, company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.
Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
Negotiate terms and conditions of reinsurance with other companies.
A day in the life
What kind of work is this?
Conventional
Organized, Procedural Work
Investigative
Studying, Research based work
Enterprising
Business based Work
What personality traits do you need to succeed?
Analytical Thinking
Attention to Detail
Integrity
Dependability
Achievement/Effort
Initiative
What key skills are needed for this job?
Judgment and Decision Making
Reading Comprehension
Critical Thinking
Mathematics
Active Listening
Complex Problem Solving
Expected Knowledge
Mathematics
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
Computers and Electronics
Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
Economics and Accounting
Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
Common Activities
Analyzing Data or Information
Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
Processing Information
Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
Working with Computers
Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
