The real reason companies hire actuaries

[ACCtuary]

Originally Posted by MNBridge

I hate to break it to you but Actuaries are not necessary. About the only thing they are required for is to sign opinions and I'll say that takes <1% of the total work done by Actuaries.

There's a different reason companies continue to hire actuaries. I'll let you try to guess what it is.

I'll be the guinea pig - they value our skill set. Try not to pull too many :lol2:s on me.

Wasn't quite sure what to do with this thread - wasn't non-actuarial, wasn't really political although the question came out of a political thread. Since it could get some serious responses, I decided to put it here.