SIC Code 8999-10 - Actuaries

Marketing Level - SIC 6-Digit

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Total Companies

190

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SIC Code 8999-10 Description (6-Digit)

Actuaries are professionals who use mathematical and statistical methods to assess and manage financial risk. They work in a variety of industries, including insurance, finance, and healthcare. Actuaries analyze data to determine the likelihood of future events, such as accidents, illnesses, or natural disasters, and use this information to develop strategies to minimize risk and maximize financial gain. They also design and manage insurance policies, pension plans, and other financial products.

Hierarchy Navigation for SIC 6-Digit Code 8999-10

Tools

  • Statistical software (e.g. SAS, R, Python)
  • Actuarial modeling software (e.g. Prophet, AXIS, MGALFA)
  • Spreadsheet software (e.g. Microsoft Excel)
  • Database software (e.g. SQL)
  • Risk management software (e.g. Riskonnect, LogicManager)
  • Financial analysis software (e.g. Bloomberg, FactSet)
  • Programming languages (e.g. Java, C++)
  • Data visualization software (e.g. Tableau, Power BI)
  • Actuarial tables and mortality data
  • Economic and financial data sources (e.g. Federal Reserve Economic Data, Bureau of Labor Statistics)

Industry Examples of Actuaries

  • Life insurance
  • Health insurance
  • Property and casualty insurance
  • Reinsurance
  • Pension plans
  • Investment banking
  • Risk management consulting
  • Healthcare consulting
  • Government agencies (e.g. Social Security Administration)
  • Actuarial science education and research

SIC Code 8999-10 - Actuaries

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