Gold content of actuaries in North America

1. An actuary (Latin means "management") is a business occupation that deals with financial risks. Actuaries mainly use mathematical, economic, financial and statistical tools to deal with some uncertain and unknown events related to insurance and reinsurance companies. In addition, it is also related to employee insurance (medical insurance and pension plan) and social welfare projects (social security and social care).

2. Actuaries mainly work in consulting companies (the main customers are smaller insurance companies and banks), pension investment companies, medical insurance companies and investment companies. The Association of Actuaries stipulates that candidates can obtain associate membership by passing six exams, and if they pass the other two exams, they can obtain membership.

The Association of Accidental Actuaries requires candidates to pass seven exams to obtain associate membership, and if they pass the other two exams, they can obtain membership.