P.G. Diploma in Actuarial Science is a Diploma level Actuarial Science course. Actuarial services, predominantly in insurance and pensions but increasingly in a much wider range of activities, are critically important, to the performance of clients, to the long-term well-being of consumers, and to the stability of the financial system.
The course is suitable for those who have single minded dedication and a systematic approach towards problems to successfully complete the various stages. The course is beneficial mainly in the insurance sector but now its importance has increased in sectors like non-life insurance, employee benefits, health insurance, asset-management, reinsurance, insurance broking houses and consulting companies as well.
Actuaries provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. Actuaries quantify the probability and manage the risk of future events in areas such as insurance, healthcare, pensions, investment, and banking and also in non-financial areas.