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.

Image courtesy of Photokanok at FreeDigitalPhotos.net

Image courtesy of Photokanok at FreeDigitalPhotos.net

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: $52.09 hourly, $108,350 annually
  • Employment: 55,700 employees
  • Projected growth (2018-2028): Much faster than average (11% or higher)
  • Projected job openings (2018-2028): 2,200

Visit Our MBTI® About Page and Our INTP Personality Type Page For Detailed Information on The INTP Personality Type

Visit Our Strong Interest Inventory® Resource Page To Learn About The (CIE) GOT

INTP Careers

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

Explore Our INTP Blog Pages

Explore additional information that delves deeper into the INTP Personality Type by examining various personality and career based subjects:

Click on a link below to read more about different MBTI Personality Types

ISTJ ISFJ INFJ INTJ ESTP ESFP ENFP ENTP
ISTP ISFP INFP INTP ESTJ ESFJ ENFJ ENTJ

References

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)