Actuaries work to evaluate risk and opportunity, applying mathematical and statistical analysis methods across a range of business problems. Actuaries are strong strategic and mathematical thinkers, as businesses across several sectors and governments rely on actuaries to measure the probability of future events.
Actuarial Analysts
Actuarial Analysts are responsible for supporting development and pricing of insurance policies, pension plans and other financial products. This may involve data analysis on mortality, accident and other risks, using this information to develop sophisticated analyst models.
Pricing Analyst
A pricing analyst leverages market research and data analysis to determine the optimal price for a product or service. They are responsible for analysing market conditions, competitors and customer behaviour and using this information to develop pricing strategies that enhance profit maximisation. This involves setting prices for products and pricing models in the organisation.
Trader: A trader is a professional who buys and sells financial assets such as stocks, bonds and derivatives on behalf of an organisation or an individual. They are responsible for making decisions about what and when to buy or sell assets for maximum returns and minimal risks. This involves conducting comprehensive research, market trend analysis and using trading software.
Wealth and management: Wealth and asset management involves providing financial advice to individuals with the goal of maximising wealth and financial wellbeing, involving retirement planning, estate planning and tax planning.