§ OCCUPATION · GLOBAL STANDARDS

actuarial consultant

Actuarial consultants analyse, manage and provide guidance on financial impact of risks.

Description

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.

Theoretical Knowledge

ESSENTIALTheoretical knowledge required

quantitative analysis financial products statistics actuarial science empirical analysis

OPTIONALAdjacent knowledge that strengthens fit

credit control processes insurance law modern portfolio theory insurance market types of insurance Monte Carlo simulation types of pensions principles of insurance banking activities debt systems business loans

Practical Skills

ESSENTIALApplied skills & competences

perform risk analysis provide support in financial calculation obtain financial information produce statistical financial records analyse market financial trends advise on financial matters apply statistical analysis techniques create a financial plan synthesise financial information

OPTIONALOptional competences

analyse financial risk analyse insurance risk communicate with banking professionals examine credit ratings review investment portfolios provide cost benefit analysis reports advise on risk management consult credit score develop investment portfolio analyse loans

Data Source: Unified Global Standards (ISCED, ISCO, O*NET, ESCO)