INTRODUCTION
Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance and other industries and professions. Actuaries would know all about pricing, establishing the amount of liabilities, and setting capital requirements for uncertain future events.
SKILL SET
- Problem Solving Skills
- Numerical Skills
- Analytical Skills
- Communication Skills
- Strong Computer Skills
- Business Sense
ELIGIBILITY
10+2 with English
APPLICATION PROCEDURE
- Go to Link www.actuariesindia.org/
- The entrance test for the same is by the name “ACET”
- If an examinee passes the examination and subsequently applies for membership, their membership acceptance would be subject to production of attested true copies of certificates that would be subject to independent verification.
- Once your membership is accepted and you receive the student membership ID, you can subscribe for the study material of your selected Core principle subjects online. You can then apply for the Regular Actuarial Examinations.
ACTUARIAL COMMON ENTRANCE TEST (ACET)
- Computer based examination
- 70 Multiple Choice Questions
- Three Hours Test
- Held Twice in a year: December and June (month may vary)
- 70 Questions of 100 marks
- Distribution of Questions would be:
SYLLABUS –
Syllabus for ACET Examination will include the following
1) Mathematics- 30 Marks
2) Statistics- 30 marks
3) English- 15 marks
4) Data Interpretation- 15 marks
5) Logical Reasoning- 15 marks
- The Pass mark for ACET Examination is 50%
WORK AREAS
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Health and Care Insurance |
Life Insurance |
Enterprise Risk Management (ERM) |
General Insurance (non-life or P&C) |
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Regulatory |
Finance |
Investment |
Academics |
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Pensions & Other Employee Benefits |
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