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Old April 5th, 2016, 05:49 PM
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Join Date: Nov 2011
Default Re: Actuarial Studies Salary

Here I am telling you the How to Become an Actuary

How to Become an Actuary-

Educationally, the basic requirement is to be a mathematics, statistics, finance or actuarial science graduate.

Actuarial science courses are offered in selected institutions in India.

They are listed below.

1. Haryana Engineering College, Jagadhri, Haryana.
2. Christ University, Bangalore, Karnataka.
3. Bishop Herber College, Trichy, Tamil Nadu.
4. Ernakulam Insurance Institute, Ernakulam, Kerala.
5. The National Insurance Academy, Pune, Maharashtra.
6. College Of Insurance, Mumbai, Maharashtra.
7. Insurance Training Centre, Kolkata, West Bengal.
8. Directorate of Distance Education, Karikudy, Tamil Nadu.
9. College Of Vocational Studies, New Delhi.
10. Tolami Institute Of Management Studies, Adupur, Gujarat.
11. Kalyani University, Nadia District, West Bengal.
12. Shri Vile Parle Kelavani Mandals Narsee Monjee Institute of Management Studies, Mumbai, Maharashtra.
13. Institute of Actuaries of India, Mumbai, Maharashtra.
14. D.S Actuarial Education Services, Mumbai, Maharashtra.
15. Amity School of Insurance and Actuarial Sciences, Noida, Uttar Pradesh.

Pay -
The median yearly wage for actuaries was $93,680 in May 2012.

The median wage is the wage at which half the workers in an profession earned more than that amount and half earned less.

The lowest 10 percent earned less than $55,780, and the top 10 percent earned more than $175,330.

Most actuaries worked full time, and about 3 out of 10 worked more than 40 hours per week in 2012.

Actuary in Mumbai:-

Pros: Complexity of calculations in liabiliy.

Cons: Pressure due to immediate impact on proft.

Top 3 actuary Jobs

Asst Actuary - The Standard - Portland, OR
and capital. You will have an actuarial background in investment products

Actuarial Analyst - MAPFRE Insurance - United States
For decades, MAPFRE Insurance has been protecting families and their possessions with quality insurance coverage and a strong commitment to service

Actuarial Associate - ISO - Jersey City, NJ
Verisk is the 18th most pioneering company in the world according to Forbes and an S&P 500 company. As an Actuarial Associate, the primary
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