What they do: In the field of insurance, assistant actuarial analysts use mathematics and statistics to estimate the possibility and cost of claims associated to death, injury, illness, or property damage in order for an insurance company to cover its expenses and stay profitable. They also help decide the premium. Some assistant actuarial analysts work for private or public employers to manage risk for pension plans and programs such as Social Security.
Education requirements: A degree is not required; however, many companies prefer to hire people with an associate’s or a bachelor’s degree, and who have good computer skills.
Median salary: $54,000 (PayScale.com, 2010)
