Actuary

Hello Shivam,
An actuary in India typically works in the following fields:-
Life Insurance
Consultants
Investments
Government
General Insurance
Health Insurance
Reinsurance Companies
Pension Funds
Academics
Risk Management
Duties of Actuaries:-
Actuaries typically do the following:-
- Compile statistical data and other information for further analysis.
- Estimate the probability and likely economic cost of an event such as death, sickness, an accident, or a natural disaster.
- Design, test, and administer insurance policies, investments, pension plans, and other business strategies to minimize risk and maximize profitability.
- Produce charts, tables, and reports that explain calculations and proposals.
- Explain their findings and proposals to company executives, government officials, shareholders, and clients.

Dear,
A degree in Actuarial Science is globally recognized and provides a zero unemployment profession. The cost of studying is also low. Truly this makes
Actuarial Science a smart career.
After clearing 1 to 2 papers, the candidates are normally absorbed as actuarial
analysts (with a handsome stipend) in the insurance companies KPOs etc.
Actuaries deal primarily in the financial sector. Actuaries and actuarial trainees
are employed by the following national and international organizations:
Insurance companies [be it private or public- life or general or Reinsurance]Firms of Consulting ActuariesAuthorities like IRDA, PFRDA & TAC.Asset Liability Management CompaniesLarge banks and Investment Firms like World Bank, ADB, etcEmployee Benefit Companies- likely to be opened in India soon.Large Capital & Turnkey Project Handling Companies.KPOs, etc
All the best.