What is actuaries science?
Answer (1)
Dear Himanshu
The field of actuarial science is slowly gaining popularity and recognition in India. A career in this field involves application of math, statistical knowledge, skill in risk assessment, and evaluation of financial products such as insurance and investments. We interacted with Khushwant Pahwa, a consulting actuary, with over 10 years of work experience. According to him, actuaries are expected to have a detailed understanding of economic, financial, demographic, insurance risks; and possess expertise in developing & using statistical & financial models to inform financial decisions. Actuaries would know all about pricing, establishing the amount of liabilities, and setting capital requirements for uncertain future events.
For more information, you can click on this link.
Detailed information about Actuarial Science
Hope, it helps.
All the best.
The field of actuarial science is slowly gaining popularity and recognition in India. A career in this field involves application of math, statistical knowledge, skill in risk assessment, and evaluation of financial products such as insurance and investments. We interacted with Khushwant Pahwa, a consulting actuary, with over 10 years of work experience. According to him, actuaries are expected to have a detailed understanding of economic, financial, demographic, insurance risks; and possess expertise in developing & using statistical & financial models to inform financial decisions. Actuaries would know all about pricing, establishing the amount of liabilities, and setting capital requirements for uncertain future events.
For more information, you can click on this link.
Detailed information about Actuarial Science
Hope, it helps.
All the best.
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