Work content of insurance actuary

First, you must pass the actuary exam.

Actuarial examination course 10, including 3 compulsory courses and 2 elective courses. Candidates must pass three compulsory courses and two elective courses. The contents of the three compulsory courses mainly involve the management, finance, investment, insurance regulations, taxation and financial system of insurance companies in China. Two elective courses are different directions of insurance business.

Two, actuarial personnel should have the following abilities and qualities

The quality required by actuaries can be composed of three parts: one is personality, the other is ability, and the third is knowledge structure. You can't be an excellent actuary without any of these three aspects.

The requirement for actuaries' ability is based on a comprehensive grasp of the above knowledge, which can generally include independent thinking and innovation, analysis and comparison, coordination and expression. The ability of independent thinking and innovation means that the mission of actuaries is not only to solve current problems with technology, but also to educate and introduce advanced ideas. Based on the actual situation in China, many times the new generation of actuaries rarely have the opportunity to find routines or experience that they can rely on completely when encountering difficulties, so the ability of independent thinking and innovation is particularly important. This kind of innovation is of course based on rational thinking and repeated practice. On the other hand, today's actuaries are also very lucky. What they face is almost a blank sheet of paper. Their work is very challenging and creative in domestic companies, and they can draw beautiful pictures on their own. The ability of analysis and comparison means that although actuarial science is achieved through the application of mathematical techniques, it is not a pure mathematical process, which requires actuaries to make a more macroscopic and reliable prediction for the future, that is, to make an economic prospect by mathematical means. Its foundation is based on the collection and summary of past experience and the vertical and horizontal comparative analysis. In a sense, setting an appropriate goal and a set of reasonable assumptions is more important than correct calculation. Due to historical reasons, there is little statistical analysis of relevant data in China at present. How to make the most effective achievements with limited data is largely reflected in the ability differences of actuaries. The coordination ability is important because the actuarial department is not an isolated department, and the acquisition of its basic information often depends on other departments, and its analysis results and policy implementation often need extensive discussion, persistence and concessions with relevant departments. Therefore, the higher the position of the enumerator, the more time you need to spend on management and coordination, and the more you need to have better expression skills. That is to say, report the purpose or result of one's work in as simple and clear a language as possible, or skillfully persuade decision makers to adopt more reliable and effective strategies according to the obtained predictions. Actuaries can sometimes be said to be "predictors" of risks, but unfortunately, they cannot be effectively expressed in the face of this situation. Good expression ability has great influence on realizing the risk management function of actuaries and improving the right to speak in the company.

Three, actuaries need to have the following qualities and qualities.

In addition to the necessary knowledge and ability, character and accomplishment are the necessary conditions for assessing whether an actuary can make a difference and be respected. A qualified actuary needs a strong sense of responsibility, down-to-earth style, modest and prudent quality and enterprising spirit. In fact, actuarial science is valued not because of its advanced technology or few employees, but because of the problems it can solve and the important mission of actuaries. Because of this, if an irresponsible person is engaged in actuarial work, it is like installing a useless lock at home, which can't be opened at a critical time, or just installed, but it paralyzes the owner and can't prevent thieves at all, and its adverse consequences are even more serious. Actuaries' sense of responsibility should be manifested in working realistically and reflecting the situation. Even if you encounter difficulties and resistance, you should bear the burden of humiliation, have the courage to persistently reflect the real situation to the top, and try your best to persuade the decision-makers to take decisive measures. It can even be said that the responsibility of actuaries affects the fate of the company. Of course, it also depends on the company's mechanism. Actuarial science is an extremely important position, but we should also start with very simple things. If an actuary lacks a down-to-earth spirit, he may not be able to do great things in his life. Senior actuaries not only have the corresponding theoretical level, but also come step by step through hard work. Because most actuaries are engaged in future-oriented calculation and analysis, its accuracy is difficult to be tested or takes a long time, so the quality of modesty and prudence is particularly important. Especially at present, the actuarial software systems of most domestic companies are not very advanced. Actuaries should listen to opinions widely, be cautious and test repeatedly to ensure high accuracy.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.