How Much Does An Actuary Make A Month?
Article Content: How Much Does An Actuary Make A Month? What is the job outlook for an actuary? What education is needed to become an actuary? Where do actuaries make the most money? In the insurance business, you can be sure of good money as an actuary the highest-paid professional in the field. The climb up the income ladder is faster than in most other occupations too. As an actuary , you'd be an analyst, forecaster, and planner all rolled into one. You might study the frequency of hurricanes, tornadoes, fires, thefts, industrial accidents, explosions, or other chance occurrences. Then you'd tabulate the amount of damage and injury, calculate the probability of their happening again, and recommend the price your company should charge for insuring against these risks. Many actuaries move up to top executive positions in the insurance industry, but they normally start out by specializing. Growing fields include medical malpractice, product liability, workers compensation,...