Also called: Retirement Actuary, Enrolled Actuary
Calculates how much money companies and governments must save today to pay retirees' pensions decades from now.
You check whether a city's police pension fund is on track, estimate how long current members will live and present funding recommendations to the board.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Bachelor's degree (4-year), about 8 years after high school. Bachelor's plus actuarial exams; the federal Enrolled Actuary credential.
Ways in: 4-year college, Certification. Training cost: $15k – $60k.
Majors to look at: Actuarial Science, Mathematics.
Growing much faster than average (about 22% over 10 years). Tracks actuaries.
Medium risk for 10 years. Valuation software automates calculations; Enrolled Actuaries still certify plans, though defined-benefit pensions keep shrinking.
Classes: AP Calculus, AP Statistics, Personal finance class.
Official data: O*NET occupation 15-2011.
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