Provo,
UT,
United States
Type
Private
Degrees offered
Bachelor's Degree
An actuary is a professional who applies statistical methods to assess financial risks. These experts utilize mathematics, statistical analysis, and economic principles to examine unpredictable future scenarios, particularly those relevant to insurance and retirement plans. They assess probabilities of such occurrences and develop innovative solutions to minimize both their probability and the effects of unfavorable outcomes. Creating and overseeing risk management initiatives demands a blend of sharp analytical abilities, commercial acumen, and insights into human psychology.