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Actuaries Competency Model

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Job Function/Industry: Financial Services & Insurance
Description: Competency model composed of education, experience, tasks, competencies and characteristics required to effectively:
- Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.
- May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
Version: The basic version contains education, experience, tasks and competencies required for the occupation. The complete version adds the behaviors required for the occupation, painting a clear picture of what is expected and reducing subjectivity.
Author: DOL O*Net - this product uses the O*NET Database version 17.0, but has been improved for relevance to competency-based talent management
Last Updated: June 2010
# of Competencies Included: 30
Competencies weighted based on significance, including but not limited to:
1 - Mathematics
2 - Mathematical Reasoning
3 - Mathematics
4 - Number Facility
5 - Critical Thinking
6 - Judgment and Decision Making
7 - Deductive Reasoning
8 - Economics and Accounting
9 - Oral Expression
10 - Inductive Reasoning
Format: After checkout you will receive an email with a link to the competency model in PDF format.