The role of the actuary in consulting firm varies, it may include

☛ Give investment advice

☛ Evaluating a company’s insurance program cost for the employees

☛ Can work for a labor union to evaluate and estimate what the new health plan provided would cost

☛ Giving evidence on how automobile insurance rates should be determined

☛ Testify in court about the loss of potential lifetime earnings by a person who has been disabled or killed in an accident

☛ Determining the future pension benefits based on the current value in divorce cases.