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Why Do Aquaries Do Actuaries Do Actuarial Work?

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Why Do Aquaries Do Actuaries Do Actuarial Work?
The opinion of “Actuaries do actuarial work, actuarial work is done by actuaries” (Akhurst, 1992) had been committed by financial security systems, because the understanding of financial and mathematical skills was unique to actuaries and they were respected as more technician than a financial manager. Actuaries did not need to work as group, and they were usually authorized directly from the boss, so that the skill of communication was not strongly needed. Comparing with accountants, the minimum requirements of completing licenses are totally distinct. Having the undergraduate degree in math or actuarial science is basic demand of being an actuary. They need at least two successful examination in actuary to start their first experience in a company. As long as the students meet the requirements, …show more content…
In order to be a fellowship of them, they have to pass at least 7 examinations, which almost take people the whole life. In Unite Kingdom, all actuarial departments and public service are collected in an office named “Department of the Government Actuary” which as a main part of government to provide analyzation and reports on all areas of business and finance. This is a feature of actuaries working only for local government to perform their knowledge. In order to keep growing, they have to consider how the actuaries form opinion that everyone thinks correct. They will check all the responses from survey to create all reasonable steps to make employers and employees satisfy. The explanation of data from survey will be the strong support, and if others doubts, they must ask the manager of survey to confirm the reliability and correctness of the

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