Actuary
あくちゅありー
Industry & Occupation
Classification
Summary
A professional who evaluates and manages risks of financial products such as insurance and pensions using mathematical models and statistical methods.
Description
Actuaries are professionals working in insurance companies, pension funds, consulting firms, etc., who use probability theory, statistics, and financial mathematics to evaluate risks and build predictive models. Main tasks include pricing insurance premiums and pension benefits, calculating reserves, responding to solvency regulations, and building risk management systems. Based on mathematical analysis, they report to management, design systems, and are required to respond to changes in laws and regulations and market environments. Advanced specialized knowledge, continuous learning, and precision are essential.
Future Outlook
With population aging and strengthening financial regulations, demand for risk management in pension and insurance products is on the rise. Advances in AI and big data utilization are making the role of actuaries increasingly important.
Personality Traits
Good at logical thinking / Motivated to learn continuously / Numerically oriented / Patient
Work Style
External consulting / Flex / Office work / Remote / Team projects
Career Path
Associate Actuary → Senior Actuary → Chief Actuary → Risk Management Department Head → CFO/Executive Officer
Required Skills
Excel (Advanced) / Financial mathematics / Mathematical modeling / Probability and statistics / Programming
Recommended Skills
Big data analysis / Economics / Financial accounting knowledge / Risk management framework / SQL
Aptitudes (Strengths Preferred)
| Item | Description |
|---|---|
| Analytical & Logical Thinking | Logical thinking ability to build and analyze complex mathematical models is essential. |
| Attention to Detail & Accuracy | Because small errors can lead to large losses. |
| Learning Agility & Knowledge Acquisition | Continuous learning is required due to changes in financial regulations and mathematical methods. |
| Numerical & Quantitative Analysis | Advanced mathematical and statistical analysis skills form the core of the job. |
| Problem Solving | Ability to quantitatively solve problems in risk assessment and pricing is necessary. |
Aptitudes (Weaknesses Acceptable)
| Item | Description |
|---|---|
| Physical Stamina & Endurance | Mainly desk work with low physical demands. |
Related Qualifications
- Actuary Qualification Certified by the Institute of Actuaries of Japan
Aliases
- Insurance Actuary
Related Jobs
- Data Analyst
- Insurance Underwriter
- Risk Manager