What is An Enrolled Actuary?

An Enrolled Actuary is an actuary who has been licensed by a Joint Board of the Department of Treasury & Department of Labor in the U.S. to perform a variety of actuarial tasks that are required for pension plans in the U.S.

What is the job outlook for Enrolled Actuaries?
The job outlook is fairly good. Enrolled actuaries are busy now. However, their future is somewhat dependent on the outlook for defined benefit pension plans. Taking a more broad approach to actuarial credentialing that would include the Enrolled Actuary designation is recommended. In that way you can be ready for a variety of possibilities that may come your way.

What companies hire EA's?
Enrolled actuaries are usually hired by consulting firms who specialize in employee benefits or have an area devoted to employee benefits. This would include a variety of large accounting and/or audit firms. Some enrolled actuareis are also hired by very large companies for their human resource needs. Additionally, insurance companies also employ enrolled actuaries.

What education background is necessary?
You must be able to pass the Enrolled Acutuary examinations. Therefore, a strong math/statistics background (i.e. some calculus and mathematical statistics) is recommended.

Where can I get more information?
Information on the Enrolled Actuaries Examinations Program is available on the Society of Actuaries Web Site at http://www.soa.org/education/continuing-education/edu-continuing-education-detail.aspx.