Actuaries

Does not pass

• Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 16.8% of the role's time · $632M

• Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it · 15.3% of the role's time · $575M

• Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 13.2% of the role's time · $497M

• Provide advice to clients on a contract basis, working as a consultant.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it · 11.9% of the role's time · $445M

• Design, review, and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 11.4% of the role's time · $428M

• Determine, or help determine, company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 10.6% of the role's time · $397M

• Construct probability tables for events such as fires, natural disasters, and unemployment, based on analysis of statistical data and other pertinent information.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it · 5.7% of the role's time · $215M

• Provide expertise to help financial institutions manage risks and maximize returns associated with investment products or credit offerings.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 4.3% of the role's time · $160M

• Determine policy contract provisions for each type of insurance.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it · 2.7% of the role's time · $99.6M

• Negotiate terms and conditions of reinsurance with other companies.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 2.4% of the role's time · $91.2M

• Determine equitable basis for distributing surplus earnings under participating insurance and annuity contracts in mutual companies.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 2.0% of the role's time · $75.6M

• Manage credit and help price corporate security offerings.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 1.3% of the role's time · $48.8M

• Explain changes in contract provisions to customers.

  reason given most often: no existing check settles it · 1.1% of the role's time · $42.9M · waiting on a check

• Testify before public agencies on proposed legislation affecting businesses.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 0.8% of the role's time · $28.2M

• Testify in court as expert witness or to provide legal evidence on matters such as the value of potential lifetime earnings of a person disabled or killed in an accident.

  reason given most often: nobody can tell quickly whether it worked, and no existing check settles it, and a failure is too expensive · 0.5% of the role's time · $19.5M