Where do actuaries work? We take a look at the many sectors actuaries can work in and the benefits of each so you can decide which area of work is best for you.
Actuaries tackle the risks and uncertainties that financial businesses face, working in the interest of both customers and owners. Actuarial skills are increasingly recognised across industries, meaning that the range of employment opportunities is always growing. Some of the traditional areas include pensions, insurance and investment.
However, damages, healthcare, personal finance planning and risk assessment are all new areas in which the effective contribution of actuaries has been recognised.
Where do actuaries work?
There are currently over 30,000 members of the Institute and Faculty of Actuaries (IFoA), with 72% based in the UK and Northern Ireland and 28% based elsewhere.