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DAV President Dr Bader talks about the dream job of actuary

Recently, an in-depth article on the profession of the actuary was published on XING and LinkedIn. Blogger Martin Gaedt conducted a comprehensive interview with the Chairman of the German Association of Actuaries, Dr Guido Bader, about the activities, skills and challenges of actuaries in Germany. Rating: well worth reading.
Written on 10/1/20

Recently, an in-depth article on the profession of the actuary was published on XING and LinkedIn. Blogger Martin Gaedt conducted a comprehensive interview with the Chairman of the German Association of Actuaries, Dr Guido Bader, about the activities, skills and challenges of actuaries in Germany. Rating: well worth reading.

As protectors of the collective and at the heart of insurers, actuaries minimize risks. A dream job with great career perspectives

Who sets the price of an insurance product? How is the payout of a life insurance policy guaranteed over several decades? How does a telematics tariff work in car insurance where safer driver behaviour leads to lower premiums? Actuaries plan innovations like these. State-of-the-art IT software is used for their calculations and modeling. They keep an eye on the requirements of consumers and markets, IT trends and the legal framework. 

The heart of insurers

Actuaries are the "heart of insurers", says Dr Guido Bader in our interview of 16 September 2020. He has been on the Board of the German Association of Actuaries (DAV) since 2009 and its chairman since 2019. His enthusiasm for the profession is obvious even down the telephone line: "Actuaries have the best profession because the profession offers a wide range of creative possibilities. Their work is much more creative than many people think. It provides great prospects and involves much more than mathematics".

Read the full article (in German) here on XING.