What does a Graduate Actuarial Analyst do?
Actuarial analysts use statistical models to analyze data and assess risk. They are employed in many industries, particularly in insurance, to utilize their knowledge and skills to design and price insurance policies. Actuarial analysts use advanced statistics and modeling to understand data and assist actuaries. They produce reports on findings and identify liabilities and risks. They also identify trends and methods for designing and pricing insurance policies while verifying data sources and identifying new sources of data.
Actuarial analysts develop financial projections, cost-benefit analysis, and insurance plans using statistics, modeling, and risk management strategies. Many actuarial analysts present their data and analysis directly to decision-makers within organizations, including executive leadership and management personnel, to answer questions about particular forecasts or models. Actuarial analysts need a minimum bachelor's degree in mathematics, statistics, or actuarial science.
Graduate Actuarial Analyst Salaries
Average Base Pay
Graduate Actuarial Analyst Career Path
Learn how to become a Graduate Actuarial Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Graduate Actuarial Analyst Insights
“Exposure to important projects and to work with upper management at any point in your career”
“The people are intelligent and amazing to work with.”
“Job is stable and secure.”
“People are nice and friendly.”
“Nice place to work and fast paced”
“slow career growth and progress”
“Excellent work and life balance”
“There wasn't really formally training for the role but it's mainly because of the nature of the job.”
Graduate Actuarial Analyst Interviews
Graduate Actuarial Analyst jobs
Frequently asked questions about the role and responsibilities of a graduate actuarial analyst
- Research Assistant
- Data Analyst