Applies mathematical, statistical and economic analyses to a wide range of practical problems in areas of finance such as insurance, superannuation and investment.
Tasks Include:
defines, analyses and solves complex financial and business problems relating to areas such as insurance premiums, annuities, pensions and dividends
designs new types of policies, assesses risks and analyses investments in life insurance, superannuation funds, health insurance, friendly societies, stock exchanges and other areas
assists with corporate investment policy and gives advice to management
calculates company surpluses and advises on the distribution to policy holders
examines financial projections for general insurance companies, finance companies and other institutions
may advise governments on the design and implementation of financial policies in such areas as superannuation funds and pensions, sickness, retirement and unemployment schemes
may work as a consultant, offering statistical and financial advice to general insurance companies, finance companies and other institutions