Occupational Information Center
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Occupational Report
for Actuaries (15-2011)
, Oregon Statewide
Occupational Description
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.
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Actuaries
Employment Outlook
for Actuaries
| Statewide Employment Analysis |
2006 employment is estimated to be somewhat smaller than the statewide average. This occupation is expected to grow at about the statewide average. Total job openings are projected to be somewhat lower than the statewide average.Limited employment opportunities exist for trained workers. |
Data Sources and Limitations
Current Job Openings
for Actuaries
There are 1 current openings for this occupation.
Openings 1 through 1
are listed below.
State of Oregon License Information
for Actuaries
No statewide license is required for this occupation.
Wages
for Actuaries
| Region |
---------------- 2009 Wages ---------------- |
| Percentiles (hourly wages) |
Avg
Hourly
($/hr) |
Avg
Annual |
| 10th |
25th |
50th
(median) |
75th |
90th |
| Oregon Statewide |
$20.60 |
$32.18 |
$38.18 |
$50.00 |
NA
|
$44.62 |
$92,818 |
Data Sources and Limitations
Industries of Employment
for Actuaries
Educational Requirements
for Actuaries
Workers must have a bachelor's degree to gain the necessary skills for this occupation. However, those with a master's degree have a competitive advantage in this labor market.
Skills
for Actuaries
- Advise Clients
- Analyze And Evaluate Economic Data
- Analyze And Evaluate Social Data
- Analyze Statistical Data
- Apply Accounting Principles And Terminology
- Apply Linear Algebra
- Apply Mathematical Principles To Annuities
- Apply Mathematical Principles To Identify, Analyze And Solve Problems
- Apply Mathematical Principles To Insurance
- Apply Mathematical Principles To Pensions
- Apply Mathematical Principles To Social Statistics
- Apply Mathematics To Actuarial Modeling
- Apply Mathematics To Statistical Modeling
- Apply Statistical Methods
- Compile Mathematical And Statistical Data
- Conduct Investigations And Research
- Conduct Statistical Surveys
- Design Tables Depicting Data
- Develop And Revise Databases
- Develop Pricing Strategy
- Explain Complex Mathematical Information
- Maintain Social Trend Awareness
- Make Presentations
- Make Revenue Forecasts
- Prepare Cost-Benefit Analysis
- Prepare Diagrams And Charts To Support Conclusions From Mathematical And Statistical Models
- Prepare Mathematical Simulation Models
- Prepare Reports In Timely Manner
- Provide Expert Testimony On Results Of Investigation
- Recognize Interrelationships Among Social Statistics And Indicators
- Use Mathematical Principles To Identify, Analyze And Solve Problems
- Use Quantitative Research Methods
Schools and Training Providers
for Actuaries
No programs of training are associated with this occupation.
Career Pathway Roadmaps
for Actuaries
No Career Pathway links were found for this occupation.
Related Occupations
The scores listed below indicates how closely the skills for Actuaries matches the occupation in the list.
A score of 100% means the occupations have identical skill sets. A maximum of 10 occupations are displayed
below.
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