The function of the actuary is the management of a business model and the analysis of risks according to each situation.
What does an actuary do?
An actuary is a professional whose training is based on the area of mathematics and statistics.
The Actuary studies economic phenomena, uses mathematics on a daily basis and has solid knowledge in ethics, accounting, law, administration, economics, finance. An actuary develops his career in companies and private and public organizations of different sectors.
It has a strong relationship with Political Economy and one of its main objectives is to identify and estimate the impact of probable future situations according to the risks assumed.
In practice, they develop models that allow projecting such situations at a financial level.
The vision of an Actuary has as a characteristic the ability to analyze and then resolve organizational events from a creative and reflective space.
Among the most recognized jobs where we can find an actuary performing his tasks are financial, life insurance, banking, health management companies, he can also perform his role as an independent consultant on investments and loans.
Studying Actuary is for those ambitious people to find a reason around them. Those who after hearing that two plus two equals four, need to understand the previous process until they reach the result.
The race usually has many correlatives, so it takes time and perseverance not to be late.
Being an Actuary is a profession that offers a mathematical tool to calculate and manage the available budget before making decisions.