An actuary is an expert in risk management.They use their mathematical skills to help measure the probability and risk of future events. This information is useful to many industries, including healthcare, pensions, insurance, banking and investments where a single decision can have a major financial impact.
Actuaries in the UK belong to a global profession with internationally-recognised qualifications. It is also very highly regarded, in the way that medicine and law are, and an actuarial career can be one of the most diverse, exciting and rewarding in the world. In fact, due to the difficult exams and the expertise required, being an actuary carries quite a reputation.
The Institute and Faculty of Actuaries is the chartered professional body for actuaries in the UK. The Actuarial Profession represents and regulates members of the Institute and Faculty of Actuaries externally.