Profession "Actuary" - what do we know about it?

Publish date 08 February 2018

Actuary - one of the most expensive professions and relatively unknown in Bulgaria. The actuary is a specialist who is responsible for the creation and development of financial and insurance products. His responsibility is the precise determination of the prices for the respective products, as well as the assessment of the required capital reserve. Actuaries perform consulting activities and prepare forecasts using mathematical and statistical methods. They participate in the collection of general statistical and internal statistical and accounting information necessary for the purposes of actuarial analysis. The actuary helps to implement and service the insurance products and to provide the necessary information.