Formation of the actuary

Formation of the actuary

Activity training is a minimum level of training Bac +5 (sanctioned by a school diploma or a professional master's degree), training during which it has been given to acquire large skills in mathematics and statistics .

It is recommended, in order to exercise this profession, to be in possession of an actuary degree. The Institute of Actuaries, Association of Professionals, lists ten trainings to access the profession. These trainings are provided by the following institutions:

- The Actuarial Studies Center (CEA) in Paris,
- The National Conservatory of Arts and Trades (CNAM) in Paris,
- The College of Engineers in Paris,
- The National School of Statistics and Economic Administration (ENSAE),
- Paris-Dauphine University,
- The Institute of Financial Science and Insurance (ISFA) of Lyon 1,
- The Institute of Statistics (ISUP) of Paris 6,
- The University of Strasbourg 1
- The Euro-Actuarial Institute (EURIA) of BREST,
- The School of Economics and Commercial Sciences (ESSEC).

Each of these institutions issues specific training in order to exercise the actuary. The courses recognized by the Institute of Actuaries are, respectively:

- CEA's actuary's degree,
- the diploma of economic graduate - CNAM actuarial mention,
- The MBA of the College of Engineers,
- The Ensae's Economist Statistician Diploma,
- the dick of actuarial from Paris Dauphine University,
- The Isfa Actuary Diploma of the University of Lyon,
- the statistician diploma mention of the ISUP,
- the University Diploma of Strasbourg "Duas",
- The DESS for EURIA's actuarialaries,
- The MBA of ESSEC.
Actuary's salary

Salary Actuarial Start of career, an actuary can hope to win between 2,000 and € 2,600 gross a month.

A senior actuary (with 10 years of experience or more), can see, in some cases and in some companies, its level of remuneration rise up to 100,000 gross euros a year.
Career evolution

Career Newsau End of a few years of experience, the actuary's career evolution can lead to a coaching and animation position of a team of technicians and study managers. He can subsequently exercise posts to higher responsibilities.

Several sources report that 16% of the actuaries would reach a senior management position in insurance.