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Actuarial Supervisors

Descriptions & Duties

  • Actuarial Supervisors work under the guidance of the Actuarial Managers. They apply the knowledge of mathematics and statistics to the design and operation of various insurance plans and pension schemes.

Generic Competencies

Physical Abilities

Physical abilities

  • Physical strength
  • Eye hand coordination / precision / dexterity


Importance:1 (Max:5) 

Skill is rarely required


Technology Skills

Technology skills

  • Computer literacy
  • Application of technology


Importance:4 (Max:5) 

Skill is frequently required


Cognitive Abilities

Cognitive abilities

  • Creativity
  • Visualisation
  • Logical thinking


Importance:3 (Max:5) 

Skill is basically required


Comprehension And Expression

Comprehension and expression skills

  • Reading comprehension
  • Oral / written expression


Importance:4 (Max:5) 

Skill is frequently required


Social Skills

Social skills

  • Communication
  • Negotiation
  • Persuasion


Importance:3 (Max:5) 

Skill is basically required


Organisation And Execution Skills

Organisation and execution skills

  • Planning
  • Organising
  • Judgement
  • Decision making


Importance:4 (Max:5) 

Skill is frequently required


Problem Solving Skills

Problem solving skills

  • Ability to solve simple and complex problems effectively and efficiently


Importance:4 (Max:5) 

Skill is frequently required


Management Skills

Management skills

  • Leadership
  • Management of finance / time / people / other resources


Importance:4 (Max:5) 

Skill is frequently required


Trade Specific Competencies

Detail oriented

Actuarial Supervisors must pay attention to details when examining documentation.

Analytical skills

Actuarial Supervisors must evaluate information carefully and be able to make final decision.

General Requirements

Academic qualification

  • A recognised bachelor's degree, typically in actuarial science, statistics, mathematics, or other analytical field

Professional qualification

  • Professional actuarial qualification such as Fellow of the Society of Actuaries of the United States of America (FSA), Fellow of Canadian Institute of Actuaries (FCIA), Fellow of the Institute of Actuaries of England (FIA) or equivalent is preferable

Career Path & Salary

Private Sector

Monthly Salary $20,000-$50,000

Monthly Salary $30,000-$60,000

Monthly Salary $80,000-$100,000

Monthly Salary $70,000-$120,000

Work Environment

  • Actuarial Supervisors typically work in an office setting and usually work normal office hours. Most actuaries work at insurance companies, where they help design policies and determine the premiums that should be charged for each policy.

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