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Actuaries, economists and statisticians > Actuary
Business and finance
Actuaries work with companies and government departments, to help them forecast long-term financial costs and investment risks.
You can get into this job by doing a degree and then joining a graduate actuarial training scheme. Most employers will look for a degree with a high level of mathematical skills. For example:
You'll usually need 2 or 3 A-Levels, or equivalent, including maths.
You'll usually need 4 or 5 GCSEs at grades 9 to 4 (A* to C) and A-Levels, for a higher or Level 6 (degree) apprenticeship.
Volunteering
You may improve your chances of finding a trainee position if you have some work experience in an actuarial department. You can find details about internships and work placements through the Institute and Faculty of Actuaries.
You'll need:
In this role you could:
You could specialise in a particular field, like life insurance or healthcare, or move into consultancy work, accountancy or banking. With experience, you could take on more responsibility for managing people or projects. You could progress within a company or change specialism with another firm. You could work for the Government Actuaries Department (GAD) advising on public sector finances.
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