You assess insurable risks using financial and actuarial mathematical methods. You calculate premiums and rates as well as the reserves to be set aside for claims.
You evaluate the financial status of the company as well as the possibilities and conditions of reinsurance.
You are involved in the development of new insurance products and balance these against the insurance company’s investments and liabilities.
If you work in the field of supplemental pension, you advise on various pension plans and evaluate and calculate pension obligations.
In the building society sector, you simulate and forecast the behavior of building society savers and develop new building society rates.
Actuaries perform auditing and monitoring tasks for authorities that supervise the insurance industry.
