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Actuaries are experts in assessing the financial impact of uncertain events. The training undertaken by actuaries in mathematics, statistics and financial matters allows them to contribute to solutions in a wide range of business problems and issues. Actuarial tasks often involve the practical application of probability, present values, finance, statistics and computing.

Most actuarial tasks involve analysing the past, modelling the future, assessing the risks involved and communicating what the results mean in financial terms to the client.