An actuary is a business professional who analyzes the financial consequences of risk. Actuaries interpret statistics to determine probabilities of accidents, sickness, death, and loss of property from theft, natural disasters and other causes of loss. Actuaries use mathematics, statistics and financial theory to study uncertain future events, particularly those that are insurable. Actuaries are considered the 'financial architects' of theinsurance world.
Identify, measure and manage risk and exposure to catastrophe losses
Apply probability pricing models for insurance products and insurance-related events
Recognize market needs and develop new markets
Use sophisticated productivity software
Identify sources of new capital and analyze the impact of globalization
Formulate an effective business plan
Integrate in-depth knowledge of legal and regulatory environment in decision making process
Deliver effective and well-written presentations.
What you'll learn
To apply mathematical concepts to real-life scenarios, and use your analytical skills to help companies plan for the future. As you further develop your maths and analytical skills, you’ll start to use a range of concepts and data findings to solve real commercial problems.
♦1- One Photocopy of the Data Page of your Passport.
♦2- Official Transcripts.
♦3- Certification of the Senior high school.
♦4- Language Proficiency Certificate (if have any Language Certificate).
♦5- One Photocopy of Physical Examination.
♦6- Study/Research Plan (Not Less than 800 Words).