Standard Occupational Classification (SOC): Actuaries

Actuaries in healthcare use mathematical and statistical techniques to assess and manage risk in the healthcare industry. They use data and analysis to predict and evaluate financial outcomes for insurance companies, hospitals, and other healthcare organizations. This includes determining insurance premiums, developing benefit plans, and identifying potential financial risks and opportunities. Actuaries in healthcare also play a key role in helping organizations navigate the complex and ever-changing healthcare landscape, including regulations and market trends.

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