Actuaries have a focused task: to determine the likelihood and financial impact of events in both the near and distant future. But while the job is focused, it’s certainly not simple, requiring actuaries to draw on skills in mathematics, statistics and complex financial theory.
In this overview from the Internal Revenue Service, learn about the types of actuaries and how they influence retirement plans, pensions and more. Find out how a prospective actuary becomes certified by industry organizations to work on such plans. Plus, discover how actuaries affect the work of the IRS and the training of its employees.