Career Detail | MyMnCareers | CAREERwise Education

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Analyze statistical data to predict the possibility of risk.

Actuaries analyze statistical data to forecast the likelihood of risk for accidents, sickness, disability, or death for people applying for insurance. They may determine the cost of insurance for individuals based on this information.

Wages	$53.10 per hour on average
Outlook	Statewide data not available
Education & Training	Bachelor's degree is needed for entry.
Related Programs (Current training programs available)	Actuarial Science Applied Mathematics, General Computational and Applied Mathematics Statistics, General Statistics, Other
On the Job	Work Activities Analyze data to identify trends or relationships among variables. Analyze health-related data. Collaborate with others to develop or implement marketing strategies. Develop organizational goals or objectives. Provide customer service to clients or users. Manage financial activities of the organization. Negotiate contracts with clients or service providers.
Career Pathways	Insurance
Similar Careers	Compensation and Benefits Managers Survey Researchers Compensation, Benefits, and Job Analysis Specialists
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This page includes information from the O*NET 24.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA.