Note on Actuary course. No copy!!
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Hi Mate,
Actuary
An Actuary is a the professional who assesses and managers the risks of financial investments, insurance policies and other potential risk ventures.
actuaries assess the financial risk of particular situation, primary using probability, financial theory and computer science. The convergence of these fields for the actual profession is called actuarial science.
investment banks in insurance companies employ a number of full-time actuaries, but other actuaries, idhar self employed it working as a parts of an actuarial film, actors consultants for a number of different types of businesses.
actuarial service is one way corporations determine, assess and plan for the financial impact of risk. actuary use mathematical and statistical models to evaluate risk in the insurance and finance industries.
most actuaries work at insurance companies, where their risk management capability a particularly applicable. insurance companies want to make on policies that of a little witch, and the most traditional actuarial sentences resolve around analysing various factors related to life expectancy, constructing more at talati tables that provide a measure of predictability and making recommendations to brokers in individual cases.
while Aquarius science is most commonly applied to mortality analysis for Life insurance, many of the same procedures are also used for property, liability and other kinds of insurance. The impact of actuary recommendations on Life insurance premiums can encourage behaviour that would result in lower premiums like quit smoking.
the concept of insurance had existed since the late 17th century when the practice of risk assessment became increasingly scientific point by the end of the century, early actuarial scientists had realise the first mortality tables, which divided the population into groups based on lifestyle choices and personal circumstances. this advancement made it easier for insurance brokers to quantify the risk of taking on new insurance policy.
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НЁггФ МдтЁ!
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ACTUARY COURSE!
actuary courses are those courses in which professional use their mathematics,statistics to solve the complex problems related to financial risk, uncertainity!
basically,problems are related with business!
An actuary works under some of the following fields!
1)life ensurance!
2)reinsurance company!
3)consultants!
4)insurances
etc...
The role that an actuary can perform in each of these sectors can be quite varied, such as product pricing, financial modelling, valuations, risk management, carrying out peer reviews, designing social security schemes, advise on the premium to be charged etc.
thanks! hope would get it out!!
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