A heart surgeon earns more than an actuary in general, however, many actuaries earn in excess of $110,000 once they obtain their fellowship plus they receive annual bonuses of 20% or more. It is a profession where the more experience and exams you pass, the higher your salary is. Visit the following website for accurate salary information for actuaries: http://www.dwsimpson.com/salary.html
In the US, one becomes an actuary by taking actuarial exams. Some courses of study make it easier to pass the exams. Examples are calculus, statistics, and accounting.
It really depends upon what position you are at or how many exams you have passed. If you have cleared your first two exams, you will probably get paid around 26-35K rs/month. But after that, as you pass your exams further, your salary escalates quite fast. After you have cleared around 7-8 exams (or more, depends upon the company you are working for) you will probably be earning above a lac/month. And imagine how much it would be once you clear all of them..
The starting salary of an actuary highly varies based upon number of actuarial exams passed and if a student had an internship or not. According to http://www.dwsimpson.com/salary.html The salary for 0-0.5 years with 1 exam, the 10%-90% range is 44-61k, with 2 exams the 10%-90% range is from 46-63k.
actuary makes alot of money, but you need to take quite a few exams to really benfit from the field.
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Many colleges and univrsities offer degrees in actuarial science and each one sets its own requirements. A better question might be: How well will the university I choose prepare me to take actuarial exams? An actuary's credentials are realized through passing a series of exams rather than by the degree program they have completed. The exam process generally extends several years beyond graduation, and attendence in an actuarial science degree program is not a prerequisite to taking exams or becoming an actuary. To learn more about the college degree programs, visit the website of the college you are interested in. To learn more about actuarial exams, take a look at www.beanactuary.org.
What is a associate actuary?
There are nine members in the Fellowship of the Ring.
Yeah how do you become a actuary?
"actuary's desk" if there's only one actuary "actuaries' desk" if the desk belongs to/is used by more than one actuary
A person who wants to be an actuary would have working knowledge of mathematics-including calculus, probability, and statistics-and has demonstrated this knowledge by passing one or two actuarial exams required for professional designation. A degree in finance, mathematics and business would help build the skills needed for success in the field.