Job for the future Mathematicians, Statisticians, and Actuaries

Average hourly wage

$50.48

Job description

Mathematicians and Statisticians conduct research on mathematical or statistical theories. They try to solve problems in science, engineering, business, and social Sciences.

Actuaries assess the potential financial impact of future circumstances. To do so, they use concepts related to mathematics, statistics, probability, and risk.

These individuals work for:

Universities
The government
Banks and trust companies
Insurance companies
Science, engineering, and pension consulting firms
Professional associations

Personality profiles (RIASEC)

Investigative: People with this profile prefer relying on theoretical knowledge before acting. They like observation, analysis and problem solving.
Realistic: People with this profile prefer carrying out concrete tasks and being physically involved in what they do.
Artistic: People with this profile prefer to express their emotions and thoughts through various art forms. They like to use their imagination.

Main tasks

Mathematicians

Conduct research to further knowledge in various areas of mathematics (algebra, geometry, logic, etc.).
Apply mathematical techniques to solve problems in various fields (physical sciences, engineering, computer science, management, etc.).

Statisticians

Research the mathematical foundations of statistical science.
Develop statistical methods and advise on their practical applications.
Apply statistical theories and methods to other fields (biology, agriculture, commerce, etc.).

Actuaries

Develop life, health, and property insurance policies.
Apply mathematical models to forecast and calculate premiums, contributions, and benefits associated with retirement insurance, plans, and pensions.
Participate in decision-making on the distribution of assets in portfolios and on risk management.
Provide legal evidence on the value of future gains in portfolios.