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What is a associate actuary?

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How much does an associate actuary make in Ontario?

As of 2023, the salary for an associate actuary in Ontario typically ranges from CAD 60,000 to CAD 90,000 per year, depending on factors such as experience, employer, and specific industry. Entry-level positions might start at the lower end of this range, while those with more experience or in specialized roles may earn higher salaries. Additionally, benefits and bonuses can contribute to overall compensation.


Can you work as a actuary if you are a convicted felon?

No


What is the salary of an actuary?

salary is period of time ?


What subjects are needed to become a Actuary?

To become an actuary you need to take physical science,information technology and accountig as well as mathematics and not mathematical literacy.


What qualifications do you need to become an actuary?

Actuaries earn professional designations based on the organization they belong to and their status in the professional exam system. When an actuary has met certain professional educational standards by passing a series of exams, he or she achieves the designation of Associate. Actuaries who specialize in property and casualty practice receive the ACAS designation. It stands for Associate of the Casualty Actuarial Society. Actuaries who practice in life, health, finance, investments or pensions receive the Associate of the Society of Actuaries, or ASA, designation. After achieving the Associate designation, the actuary can elect to continue to take exams to achieve the highest designation, Fellow. Casualty actuaries are Fellows of the Casualty Actuarial Society or FCAS. Fellow of the Society of Actuaries, or FSA, is the designation achieved by life, health, pension, finance and investment actuaries. Below are the different actuarial designations and organizations that grant them. Check out the actuarial alphabet. FCAS Fellow of the Casualty Actuarial Society ACAS Associate of the Casualty Actuarial Society FSA Fellow of the Society of Actuaries ASA Associate of the Society of Actuaries MAAA Member of the American Academy of Actuaries FSPA Fellow of the American Society of Pension Actuaries MSPA Member of the American Society of Pension Actuaries FCA Fellow of the Conference of Consulting Actuaries MCA Member of the Conference of Consulting Actuaries ACA Associate of the Conference of Consulting Actuaries FCIA Fellow of the Canadian Institute of Actuaries EA Enrolled Actuary What skills are needed to be an actuary? Specialized math knowledge. Calculus, statistics, probability. Keen analytical, project management and problem solving skills. Good business sense. Finance, accounting, economics. Solid communication skills (oral & written). Strong computer skills. Word processing programs, spreadsheets, statistical analysis programs, database manipulation, programming languages. What talents are needed to be an actuary? Self-motivation Creativity Independence Ability to work with others Ambition In a nutshell, the abilities developed and honed by successful actuaries include an excellent business sense with a knowledge of finance, accounting and economics, keen analytical, project management, and problem solving skills, specialized math knowledge, strong computer skills, and solid written and oral communication skills. In addition, actuaries enjoy learning, like to solve complicated problems, enjoy writing and talking to people, can work effectively alone or as part of a team, are interested in a variety of historical, social, legislative, and political issues, and are self-motivated achievers.

Related Questions

How do you become an actuary in china?

Yeah how do you become a actuary?


How much does an associate actuary make in Ontario?

As of 2023, the salary for an associate actuary in Ontario typically ranges from CAD 60,000 to CAD 90,000 per year, depending on factors such as experience, employer, and specific industry. Entry-level positions might start at the lower end of this range, while those with more experience or in specialized roles may earn higher salaries. Additionally, benefits and bonuses can contribute to overall compensation.


What is correct to say actuary's desk or actuaries desk?

"actuary's desk" if there's only one actuary "actuaries' desk" if the desk belongs to/is used by more than one actuary


What part of speech is actuary?

The word actuary is a noun. The plural form is actuaries.


When was Government Actuary's Department created?

Government Actuary's Department was created in 1919.


When was William Morgan - actuary - born?

William Morgan - actuary - was born in 1750.


When did William Morgan - actuary - die?

William Morgan - actuary - died in 1833.


What is a sentence using the word actuary?

Draw up a schedule of contributions, certified by the scheme actuary.


Is ranti mothapo the first black actuary in south Africa?

He was the youngest qualified black actuary at age 22 when he did so in 2004. Perhaps he may be the first black qualified actuary.


What is the title of a person in an insurance company who calculates the premium?

An Actuary is the person in an insurance company who calculates the premium


How do you use actuary in a sentence?

He's essentially an actuary in his new insurance job, he spends a lot of time crunching numbers.


Where online can someone find an actuary salary survey?

One may find an actuary salary survey online at DW Simpson or Degree Directory. They have a database of actuary based jobs with typical salaries provided.