Welcome to Actuarial Guide.

Most people never get this far. You've already started, so let's get you exam ready.

What does an actuary do?

An actuary applies maths, statistics and financial theory to measure and manage the financial risk of uncertain future events, mainly in insurance and pensions. The four things below cover most of what the job actually involves.

1

Risk modelling

Estimates the probability and cost of uncertain future events (death, illness, accidents, natural catastrophes) using statistical models built on real historical data.

2

Pricing

Sets insurance premiums and pension contribution rates. Price it too low and the provider can't pay claims; too high and it loses customers, so the number has to reflect the true underlying risk.

3

Reserving and capital

Calculates reserves, the money an insurer or pension scheme must hold today to pay claims or benefits owed years or decades from now, and confirms this meets the capital and solvency rules set by regulators.

4

Communication

Translates the modelling into advice a board, client or regulator can act on. Exams test the maths; the job itself is as much about explaining it clearly as calculating it.

Like a chartered accountant, a qualified actuary holds a protected professional title and is bound by the IFoA's professional standards and code of conduct.

Industries and employers

🛡️
General Insurance
Pricing & reserving
Tap to know more →
❤️
Life Insurance
Protection & savings
Tap to know more →
👴
Pensions
Scheme funding
Tap to know more →
💼
Consulting
EY, PwC, Deloitte
Tap to know more →
📈
Investment & Banking
Risk & quant roles
Tap to know more →
🌍
Reinsurance
Swiss Re, Munich Re
Tap to know more →

What Actuarial Guide gives you

Everything built around one goal: passing your next exam

📘

Chapter-by-chapter notes

Clear, exam-focused notes for every chapter, written to get you to the key formulas and ideas fast.

✍️

Practice & mock questions

Question banks mapped to the syllabus so you can test yourself chapter by chapter, not just at the end.

💻

Coding practice

R, Python, SQL, Excel and Power BI exercises, the technical skills exams don't test but every employer expects.

📄

CV templates

Actuarial-specific CV formats and ATS tips, built from what graduate schemes actually screen for.

🎤

Interview preparation

Behavioural, motivational, technical and case questions, with model answers and what interviewers check for.

📋

Job listings

Live actuarial graduate and part-qualified roles in one place, so you're not checking six different company career pages.

Actuarial news & exam updates

What's happening in the profession right now

Actuarial Post
27 Oct 2026

Pension Flexibility Has Hidden Risk To Millions Of Retirees

Under the Pension Schemes Act 2026, pension scheme trustees must provide default guided retirement solutions to convert defined contribution savings into a regular…

Actuarial Post
27 Oct 2026

Specialty Insurance Rate Softening Accelerates

In the first six months of 2026, both insurance and reinsurance rates declined by 4% gross of trend and 6% net of trend. Insurance softened at approximately twice the…

Actuarial Post
27 Oct 2026

Looking Into The Budget Crystal Ball

Neil Jones, tax and wealth planning specialist at Standard Life, comments: “Pension savers will be hoping for a ghostly quiet Budget on Wednesday. Pensions are a…

Actuarial Post
27 Oct 2026

Subsidence Are Insurers Prepared For Compound Claims Cycles

By Colin Summerton, Director, Insurance Consulting and Technology, Cara Connolly, Director, Insurance Consulting and Technology and Anju Bell, Managing Director,…

Actuarial Post
27 Oct 2026

No Further Pension Tinkering As Chancellor Weighs Tax Rises

Following the Labour Party Conference, attention has turned to how the Government can stimulate investment while maintaining fiscal credibility, with pensions,…

Actuarial Post
26 Oct 2026

Data Quality Key To Who Wins The Ai Race In Group Protection

Group protection providers administer millions of employees and members, generating vast volumes of unique operational data through quotations, underwriting…

The Actuary
9 Oct 2026

Beyond the Numbers

My actuarial career has given me a front‑row seat to how cross‑functional collaboration works—and what happens when it doesn’t. I spent a few years in Product…

The Actuary
5 Oct 2026

Connections That Count

Actuaries are trained to analyze uncertainty for others. Yet, in our experience, we at times fall short when making decisions under uncertainty in our own careers.…

Pulled automatically from actuarial and insurance industry news sources and refreshed roughly once a day — no manual editing needed.