Profession actuarial consultant
Actuarial consultants analyse, manage and provide guidance on financial impact of risks. They can work in fields related to insurance, pension, investment, banking, healthcare etc. Actuarial consultants apply technical and statistical models and theories to give strategic, commercial, and financial advice.
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- Conventional / Investigative
- Actuarial science
The rules of applying mathematical and statistical techniques to determine potential or existing risks in various industries, such as finance or insurance.
- Financial products
The different types of instruments that apply to the management of cash flow that are available on the market, such as shares, bonds, options or funds.
The study of statistical theory, methods and practices such as collection, organisation, analysis, interpretation and presentation of data. It deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments in order to forecast and plan work-related activities.
- Provide support in financial calculation
Provide colleagues, clients or other parties with financial support for complex files or calculations.
- Synthesise financial information
Collect, revise and put together financial information coming from different sources or departments in order to create a document with unified financial accounts or plans.
- Apply statistical analysis techniques
Use models (descriptive or inferential statistics) and techniques (data mining or machine learning) for statistical analysis and ICT tools to analyse data, uncover correlations and forecast trends.
- Advise on financial matters
Consult, advise, and propose solutions with regards to financial management such as acquiring new assets, incurring in investments, and tax efficiency methods.
- Analyse market financial trends
Monitor and forecast the tendencies of a financial market to move in a particular direction over time.
- Create a financial plan
Develop a financial plan according to financial and client regulations, including an investor profile, financial advice, and negotiation and transaction plans.
- Produce statistical financial records
Review and analyse individual and company financial data in order to produce statistical reports or records.
- Perform risk analysis
Identify and assess factors that may jeopardise the success of a project or threaten the organisation's functioning. Implement procedures to avoid or minimise their impact.
- Obtain financial information
Gather information on securities, market conditions, governmental regulations and the financial situation, goals and needs of clients or companies.
Optional knowledge and skillsbusiness loans insurance law analyse loans banking activities analyse financial risk communicate with banking professionals debt systems develop investment portfolio types of pensions provide cost benefit analysis reports advise on risk management types of insurance insurance market review investment portfolios examine credit ratings credit control processes principles of insurance analyse insurance risk modern portfolio theory consult credit score
Common job titles
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