MBTI® Test INTP Actuaries
Strong Interest Inventory® General Occupational Theme Code: Conventional, Investigative, Enterprising (CIE) (GOT)
According to Hammer (1996), Introverted-Intuitive-Thinking-Perceiving (INTP) Myers-Briggs Test Personality Types reach their full potential in fields that involve technical capabilities and strong computing skills. Particularly due to their enjoyment in thinking about future outcomes and trends, being able to identify longitudinal patterns in empirical data. These characteristics, coupled with their logical thinking skills, can often make MBTI test INTPs well-suited actuaries.
Actuaries primarily analyze statistical data, including mortality, sickness, retirement rates, accidents, and more, and build models to determine risks and rewards as employees approach retirement. In addition, some actuaries focus on determining probabilities for events like unemployment, natural disasters, fires, marriages (and divorces) and the like. These trends impact financial outcomes in a variety of different sectors. Actuaries also design and review insurance and pension plans, and conduct statistical analyses to determine whether or not decisions made have the best possible outcomes for clients, employees, administrators, and the organization as a whole. While many actuaries work as consultants and advise several different organizations simultaneously, some are also considered full time staff at larger corporations. In the latter case, they will have greater job security, but may have less flexible schedules. Depending on the setting, actuaries may collaborate with other employees, including programmers, senior management, and claims experts to improve existing practices and optimize outcomes.
Becoming a successful actuary requires a strong foundation in mathematics, economics, accounting, and computing, in addition to strong reading, writing, listening, and speaking skills in the English language to successfully and efficiently communicate findings and results to administrators and other team members. Actuaries also need to master the use of several different kinds of somewhat technical software. First, to actually conduct the analyses, they may use SAS, SPSS, Insightful S-PLUS, or others, depending on their organization. They also use database software, like SQL or SAP Business Objects Desktop Intelligence. In addition, standard word processing, spreadsheet, and e-mail software are indispensable to actuaries, as they work closely with other people and need to be able to disseminate information quickly and efficiently.
Because actuaries need to have such a broad range of educational knowledge and skills, most of these occupations require at least a four-year bachelor’s degree. In fact, over 50% of actuaries hold a bachelors degree, generally in actuarial science, statistics, or accounting. Nearly a quarter of actuaries have a professional or graduate degree in addition to a bachelors. These more highly qualified actuaries may have slightly higher incomes
Below are some employment trends for actuaries:
- Median wage: $46.49 hourly, $96,700 annually
- Employment: 24,000 employees
- Projected growth (2012-2022): Much faster than average (22% or higher)
- Projected job openings (2012-2022): 13,200
Visit Our Strong Interest Inventory® Resource Page To Learn About The (CIE) GOT
Click on one of these corresponding popular INTP Careers for detailed information including Career Stats, Income Stats, Daily Tasks and Required Education: Actuary/Risk Professional, Arbitrators, Mediators, and Conciliators, Architectural Drafters, Archivists, Art Directors, Food Science Technician, Geographer, Geoscientist, Librarian, Network and Computer Systems Administrators
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Explore Our INTP Blog Pages
Explore additional information that delves deeper into the INTP Personality Type by examining various personality and career based subjects:
- How the MBTI INTP Type relates to Innovation
- How the MBTI INTP Type relates to Project Management
- How the MBTI INTP Type relates to Emotional Intelligence
- How the MBTI INTP Type relates to Leadership
- How the MBTI INTP Type Communicates
Click on a link below to read more about different MBTI Personality Types
Bureau of Labor Statistics wage data and 2012-2022 employment projections Onetonline.org
MBTI® Type Tables for Occupations, 2nd Edition. Schaubhut, N. & Thompson, R. (CPP, 2008)
Introduction To Type and Careers, Hammer, A. (CPP, 1996)