An Actuary is an essential component of an insurance company. An Actuary calculates the probability of future risk using mathematics and statistics to study past events. Unlike an Underwriter, the Actuary isn’t determining the potential cost of a customer’s policy based on their risk factors, but providing the Underwriter with the data to determine the potential cost to the insurer. Several Universities in Ireland offer Actuarial Degree courses; however, you do not necessarily have to complete an Actuarial Degree to become an Actuary. Most employers will look at a broad range of numerical based qualifications including Maths, Statistics, Engineering, Physics. A Trainee Actuary will also have to sit professional exams which can take between 3 – 6 years to complete, however most employers will provide support for this.
An Actuarial career is both distinguished and rewarding, with salaries reaching beyond €200,000 for an experienced Senior Actuary. A Trainee or Part Qualified Actuary can look for a salary between €30,000 - €50,000 with the potential to increase quickly as they gain more experience.
Sligo is the vibrant heart of the northwest region with a population of 19,452 in its town and 65,383 people in the greater County. It is the second largest urban centre in the West of Ireland. One of only five counties in the province of Connacht it provides its inhabitants with all the advantages of living in a bustling urban area along with the advantages and amenities that come with living on the Irish country coastline.
Dating back to the 1200’s Sligo is steeped in history and mythology, boasting over 5000 recorded archaeological sites. Known as the shopping capital of the North-West it is also the perfect destination for lovers of music, the arts and poetry. As WB Yeats spent many summers writing poetry in Sligo it has earned itself the nickname of-Yeats County.
With stunning mountains, picturesque scenery, rich heritage, great surfing and trails along the beautiful backdrop of Benbulben there is something for everyone to do in Sligo whatever the weather. The town hosts a number of festivals throughout the year including The Fleadh Ceoil and Sligo Jazz Project. Sligo is famous across the world for its unique style of traditional Irish Music and musicians. There is also a vibrant night life in the town with several nightclubs and late bars in the area.
Alongside its abundant amount of leisure facilities Sligo boasts state of the art business facilities, an airport, great schools and a Third Level Education Institute. Sligo’s service sector is its biggest employment sector in the town boasting numerous indigenous and foreign owned companies in the Life Sciences, environmental science (Clean Tech) engineering and automotive sectors. Sligo also has strong tradition in the areas of tool-making and precisions engineering. As it is served well by train, port and road links it exerts huge influence on its hinterland and can be very easily commuted to.