Actuary duties and responsibilities
The role of an Actuary is broad, with a job description that covers a range of responsibilities, including:
- Performing quantitative modelling and actuarial calculations
- Analysing statistical data and computer modelling to determine potential risks
- Suggesting strategies to manage risk
- Increasing efficiency by identifying ways to improve processes
- Reporting on findings to business leaders
Actuary qualifications and requirements
It is highly desirable for an Actuary to hold a Bachelor’s degree, preferably in:
- Mathematics
- Finance
- Economics
Additional qualifications to consider include Institute of Actuaries of Japan (IAJ).
An Actuary should also have the following personal skills and experience:
- Three or more years of actuarial experience
- Strong quantitative modelling and problem-solving skills
- Ability to diagnose and resolve issues
- Excellent Japanese and English business language skills – both spoken and written
- Strong interpersonal skills to liaise with other a wide cross-section of company teams
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