• Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
• Determine or help determine company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.
• Design, review and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
• Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
• Provide advice to clients on a contract basis, working as a consultant.
• Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.
• Provide expertise to help financial institutions manage risks and maximize returns associated with investment products or credit offerings.
• Construct probability tables for events such as fires, natural disasters, and unemployment, based on analysis of statistical data and other pertinent information.
• Determine equitable basis for distributing surplus earnings under participating insurance and annuity contracts in mutual companies.
• Testify before public agencies on proposed legislation affecting businesses.
• Determine policy contract provisions for each type of insurance.
• Testify in court as expert witness or to provide legal evidence on matters such as the value of potential lifetime earnings of a person who is disabled or killed in an accident.

• Analytical or scientific software — Insightful S-PLUS; SAS ; SPSS ; Wolfram Research Mathematica
• Compliance software — Compliance testing software
• Data base user interface and query software — dBASE Plus; Microsoft Access ; SAP BusinessObjects Desktop Intelligence; Structured query language SQL
• Development environment software — Microsoft Visual Basic
• Electronic mail software — IBM Lotus Notes
• Financial analysis software — GGY AXIS; Oak Mountain Software AnnuityValue; PolySystems Asset Delphi; SS&C PTS
• Graphics or photo imaging software — Microsoft Visio
• Object or component oriented development software — C++ ; R
• Object oriented data base management software — Microsoft Visual FoxPro
• Office suite software — Microsoft Office
• Presentation software — Microsoft PowerPoint
• Spreadsheet software — Microsoft Excel
• Word processing software — Microsoft Word

Hot Technology — a technology requirement frequently included in employer job postings.

• Mathematics — Using mathematics to solve problems.
• Critical Thinking — Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Judgment and Decision Making — Considering the relative costs and benefits of potential actions to choose the most appropriate one.
• Complex Problem Solving — Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
• Reading Comprehension — Understanding written sentences and paragraphs in work related documents.
• Systems Analysis — Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
• Systems Evaluation — Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
• Active Listening — Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
• Speaking — Talking to others to convey information effectively.
• Active Learning — Understanding the implications of new information for both current and future problem-solving and decision-making.
• Learning Strategies — Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.
• Management of Financial Resources — Determining how money will be spent to get the work done, and accounting for these expenditures.
• Operations Analysis — Analyzing needs and product requirements to create a design.
• Social Perceptiveness — Being aware of others' reactions and understanding why they react as they do.
• Writing — Communicating effectively in writing as appropriate for the needs of the audience.
• Coordination — Adjusting actions in relation to others' actions.
• Monitoring — Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
• Persuasion — Persuading others to change their minds or behavior.
• Time Management — Managing one's own time and the time of others.