According to the U.S. Bureau of Labor Statistics (BLS), the projected new jobs for actuaries is expected to grow by 23% from now till 2030 much faster than the average. The estimate that there will be about 7,000 new jobs for actuaries in this period, with an average of 2,300 openings due to new opportunities and retirements every year.
Actuary job growth factors include:
• The increasing complexity and uncertainty of the business environment, which requires more sophisticated analysis and modeling of risk and uncertainty.
• The growing need for actuarial services in health insurance, risk management, and the financial services industry, as more organizations seek to protect themselves from potential losses and comply with regulations.
• The advancement of technology and data analytics, which enable actuaries to use more powerful tools and methods to perform their tasks.
The actuary job growth is expected to vary by sector, depending on the demand for actuarial services and the availability of qualified candidates. Some of the sectors that are expected to have the highest actuary job growth in the next five years are:
• Health insurance
• Risk management
• Financial services
S.C. International is a reputable and reliable actuarial recruiter that can help you find your next opportunity, earn what you are worth, and plan your career path. If you are interested in working with us, you can fill out our online application form or contact us directly at (630) 963-3033 or search@scinternational.com. You can also visit us at www.scinternational.com/our-jobs to learn more about our current job listings or www.scinternational.com for our areas of expertise, salary survey results.
S.C. International is looking forward to hearing from you and helping you achieve your career goals!