JobSOC 15-2011
Actuaries
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
Definition from U.S. Department of Labor, Employment and Training Administration (USDOL/ETA) (O*NET 31.0 (August 2026)).
01.
Studied through
9 programs- Applied Mathematics, General27.0301
- Computational and Applied Mathematics27.0304
- Statistics, General27.0501
- Mathematical Statistics and Probability27.0502
- Mathematics and Statistics27.0503
- Statistics, Other27.0599
- Applied Statistics, General27.0601
- Risk Management52.0215
- Actuarial Science52.1304
02.
Draws on
- Mathematics4.8 of 5
- Economics and Accounting4.1 of 5
Importance as rated in O*NET (1 to 5); areas rated 3.5 or more, up to eight.