What’s An Actuary?
An actuary is a business professional who analyzes risks and uncertainty. Using quantitative knowledge and real life experience in insurance, actuaries cover the big picture of firms. In more traditional firms and insurers, actuaries help companies keep their promises by anticipating losses and payouts. When you consider insurance premiums or health plans, it was often an actuary that had a hand in predicting the pricing of these products.
Actuaries become actuaries by becoming credentialed, which requires passing exams from one of two actuarial organizations: CAS and SOA. More information on them can be found here.
Actuaries sit at the intersection of math, business, and data analytics, in that they are analytical and quantitative-based, but also require interpersonal skills like a typical business job.