Occupations

Source: Wikipedia. Pages: 113. Chapters: Accountancy, Architect, Profession, Economist, Systems engineering, Interdisciplinarity, Astrologer, Solicitor, Actuary, Amateur, Private investigator, Advocate, Stock broker, Statistician, Environmentalist, Architect-led Design-Build, Fangshi, Archivist, Union organizer, First professional degree, Stonemasonry, International Standard Classification of Occupations, Clockmaker, Business analyst, Carpentry, Licensure, Bargirl, Securities research, Lecturer, Pimp, Occupational inequality, Middleware analyst, Avocation, Direct support professional, Occupational prestige, Contingent workforce, Shoeshiner, Regulatory Affairs, Dictionary of Occupational Titles, Professional performances, Sansuke, Occupational segregation, International Association of Black Actuaries, Standard Occupational Classification System, Commissionaire, Certified arborist, Human resource consulting, Amateur professionalism, Watchmaker, Socialite, Mountain guide, Key worker, Monumental masonry, Community practice, Sailmaker, Occupational closure, Sanitary engineering, Miller, Technology Scouting, Salt, Indian Ocean Interdisciplinary Management Foundation, Section Traffic Manager, Civil estimator, Semiprofession, Operator, Sarpanch, Queen's Guide to the Sands, IT assistant, Miner, County governor, Paraprofessional, Regidor, Barrelman, Copyist, Restaurateur, Options broker, Housebreaker, Chief officer, Parliamentarian, Special advocate, Heilpraktiker, Tumbridge & Co., Village head, Warehouseman, Nakai, Designated Pilot Examiner, Chief economist, Vintner, Manciple, Conservationist, Diamantaire, Non-job, Cigarette girl, Wool-stapler, Shopkeeper, Receiver General, Customer representative, Fashion forecasting, Gaonburha, Transient laborer, Conveyancer, Footage broker, List of sewing occupations, Development chef, Signwriter, List of computer occupations, Expeditor, Mouzadar, Grubber. Excerpt: An actuary is a business professional who deals with the financial impact of risk and uncertainty. Actuaries provide expert assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms (Trowbridge 1989, p. 7). Actuaries mathematically evaluate the likelihood of events and quantify the contingent outcomes in order to minimize losses, both emotional and financial, associated with uncertain undesirable events. Since many events, such as death, cannot be avoided, it is helpful to take measures to minimize their financial impact when they occur. These risks can affect both sides of the balance sheet, and require asset management, liability management, and valuation skills. Analytical skills, business knowledge and understanding of human behavior and the vagaries of information systems are required to design and manage programs that control risk (BeAnActuary 2005a). In 2010, a study published by job search website CareerCast ranked actuary as the #1 job in the United States (Needleman 2010). The study used five key criteria to rank jobs: environment, income, employment outlook, physical demands and stress. A similar study by U.S. News & World Report in 2006 included actuaries among the 25 Best Professions that it expects will be in great demand in the future (Nemko 2006). Actuaries' insurance disciplines may be classified as life; health; pensions, annuities, and asset management; social welfare programs; property; casualty; general insurance; and reinsurance. Life, health, and pension actuaries dea...