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#1. What is the main tool used by actuaries?
#2. What do actuaries need to pass to become certified?
#3. Which subject is important for actuaries to study?
Who Can Hire Me As an Actuary in Canada
Actuaries in Canada find opportunities across several industries. The insurance sector, both life and property, is traditionally the largest employer of actuaries. These professionals help design insurance products, calculate premiums, and determine the company’s reserve funds to ensure they can cover future claims.
Pension plans and retirement benefits management is another major field for actuaries. In this role, actuaries work to design and evaluate pension plans to ensure they are financially viable and compliant with regulations.
The healthcare sector increasingly relies on actuaries to manage costs and assess the financial impact of new healthcare policies and treatments, making this a growing area of employment.
Financial consultancy firms also employ a significant number of actuaries. These roles involve advising companies on risk management, investments, and financial planning.
