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       CODE: 020.167-010 Buy the DOT:Download/CD-ROM
TITLE(s): ACTUARY (profess. & kin.)
Applies knowledge of mathematics, probability, statistics, principles of finance and business to
problems in life, health, social, and casualty insurance, annuities, and pensions: Determines
mortality, accident, sickness, disability, and retirement rates; constructs probability tables
regarding fire, natural disasters, and unemployment, based on analysis of statistical data and other
pertinent information. Designs or reviews insurance and pension plans and calculates premiums.
Ascertains premium rates required and cash reserves and liabilities necessary to ensure payment of
future benefits. Determines equitable basis for distributing surplus earnings under participating
insurance and annuity contracts in mutual companies. May specialize in one type of insurance and be
designated Actuary, Casualty (profess. & kin.); Actuary, Life (profess. & kin.).
GOE: 11.01.02 STRENGTH: S GED: R5 M5 L5 SVP: 8 DLU: 77
ONET CROSSWALK: 25313 Actuaries
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