What is the name of the person that calculates statistics for insurance companies?

And how do u go about taking the tests that they have to take before they get that job. Im a math major and im lookin for that info...thnx

What is the name of the person that calculates statistics for insurance companies?
You're doing good to be a math major. Math or statistics majors do excellent in this field. You would want to take courses in actuarial science, business, finance or economics and accounting, too, if you still have time. Computer science classes are also a plus. On the contrary to another answer you received, insurance companies look VERY highly on designations, and often require them, especially for jobs in the actuarial sciences. Having an ASA (Associate of the Society of Actuaries) is very good. Depending on what part of insurance you think you want to be in, there could be different focuses for you to explore.





I would start at the Society of Actuarial Sciences or Casualty Actuarial Sciences (or something similar ... I forget the complete name) to look further. Don't forget interning ... that is definitely a way in the door, especially at top firms like Nationwide, Allstate, Farmers, etc.





Good luck to you.
Reply:actuary
Reply:An actuary.





Most actuaries have a masters degree in actuarial science. I don't believe you need to "pass a test".
Reply:actuary, and they are well paid and in very high demand.
Reply:I have my BS degree in math with the intention of being an actuary. It didn't work out for me - I ended up being an agent. There are 10 tests to pass %26amp; as you pass each one, your salary increases (as long as you have gotten a job as an actuary). Take classes in actuary science if available at your school or in your area. With a math major I am assuming you have computer science classes, I had to take several %26amp; that was 24 yrs ago! Take business %26amp; finance classes too if you can fit them in to your schedule. Expect that any insurance company is going to want you to have a GPA of 3.8 or better, just to get your foot in the door. There is a Society of Actuaries %26amp; they have a website. www.soa.com There is a section on it about exams %26amp; courses. There is a ton of information there. Good luck to you. If you like numbers and statistics, this is a great field. It can be very lucrative too.

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