Qualifications and Experience
A strong academic background in statistics and mathematics are two of the most important requirements to be a successful actuary. In addition to this, actuarial jobs involve statistical analysis and prediction so a deep understanding of numerical data and patterns is very important as well. Other actuarial qualifications include:
-Deep understanding of financial legislation;
-Excellent written and verbal communication skills;
-Excellent numerical skills;
-Excellent analytical skills;
-Problem solving ability;
- Attention to detail and focus.
A degree in mathematics or any other numerical discipline is the preferred option of many UK employers that offer actuary jobs. Candidates can also be considered for actuary jobs if they demonstrate successful accomplishment in A-level mathematics.
The two bodies that govern the actuary profession and establish related rules are the Institute of Actuaries based in London England and the Faculty of Actuaries based in Edinburgh Scotland. Once candidates have joined either of these bodies then it will be necessary to take the exams that are administered by both. Candidates that want to be considered as a Fellow and get the best actuary jobs must complete three years of supervised work experience with a recognized actuary before this is possible.
