Actuaries in Government Chesterfield MO

Likewise, actuaries also serve as checks and balances in a wide range of government programs. Actuaries work for the White House Office of Management and Budget, the Congressional Budget Office and inside every single department in the federal government, ensuring that money is managed, benefits are paid, and risks are identified and mitigated.

The government increasingly has been using actuaries for many other purposes as well. Actuaries work for the Commerce and Labor Departments and the Federal Reserve to project the risks for a variety of events, from natural disasters to banking scandals. They're involved in risk management for the military, and its continued deployments in Iraq and Afghanistan. They're helping to plan contingencies for natural disasters. And, of course, they're still trying to solve the Social Security problem.

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