Actuaries vs. Accountants

Actuaries hypertext transfer protocol://www.bls.gov/ooh/Math/Actuaries.htm Actuaries use database software to compile knowledge and advanced statistics and modeling software to forecast the appeal and hazard of an consequence. Quick Facts: Actuaries| 2010 Median Pay| $87,650 per grade $42.14 per hour | Entry-Level procreation| Bachelors degree| Work Experience in a Related Occupation| None| On-the-job readying| Long-term on-the-job training| Number of Jobs, 2010| 21,700| Job Outlook, 2010-20| 27% (Faster than average)| Employment Change, 2010-20| 5,800| What Actuaries Do Actuaries analyze the financial costs of seek and uncertainty. They use mathematics, statistics, and financial theory to assess the risk that an event will occur and to help businesses and clients develop policies that minimize the cost of that risk. Work Environment Most actuaries work full time in an office setting. Actuaries who work as consultants often work daylong hours and frequently travel to meet with clients. How to Become an Actuary Actuaries need a bachelors degree and must pass a series of trial runs to become certified professionals. They must have a strong background in mathematics, statistics, and business. Pay The median annual occupy of actuaries was $87,650 in May 2010.

Job Outlook Employment of actuaries is anticipate to grow by 27 percent between 2010 and 2020. Students with internship check who have passed at least one actuarial exam while in school should have the best prospects for entry-level positions. quasi(prenominal) Occupations Compare the job duties, education, job growth, and pay of actuaries with similar occupations. Accountants http://www.bls.gov/ooh/Business-and-Financial/Accountants-and-auditors.htm Accountants and auditors ensure that financial records are accurate and taxes are salaried properly and on time. Quick Facts: Accountants and Auditors| 2010 Median Pay| $61,690 per year $29.66 per hour | Entry-Level Education| Bachelors degree|... If you need to get a full essay, order it on our website: Ordercustompaper.com

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