Pension Consultant Question:

Explain me what is the role of actuary analysts in investment?

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Answer:

The main role of actuary analysts is to save companies money and time, by identifying the possible risk in investment. Apart from that they have to

☛ Identify an area of investment having a minimum risk factors
☛ Avoid the situation where the quantifiable risk is relatively low in terms of the potential gains
☛ To provide actual quantifiable estimates by creating complex financial models
☛ Providing rating or ranking of different investment opportunities based on the risks to the possible returns

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Tell me some name of the most common actuarial software used in industry?Do you know what is the role of Actuarial Analyst in the insurance company?