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Car insurance, we all have it, but who determines the premium you pay. I'm Sheana and I'm hitting the road to find out. 

 We see the income, the out go, the claims and the expenses. 

 Actuaries like Fay Albert [assumed spelling] predicts future events and make recommendations to their clients. Their job is to help individuals or businesses spend resources like money in a way that minimizes risks. 

 So, if you are a young woman, 20 years old, we wouldn't charge you quite as much as somebody my age, an old lady because I am probably going to have more insurance claims than you. 

 There are two main types of actuaries. 

 You can either become a life and health actuary or a property and casualty actuary. 

 So, what's the difference? 

 Property and casualty actuaries are more analytical. Casualty actuaries study the hurricane predicting. 

 More than half of actuaries work for insurance companies and design insurance policies. 

 I'm a life insurance actuary and I primarily deal with mortality. So, one of the things that I deal with a lot is anticipating how long people are going to live. 

 Actuaries conduct research and gather data to make their predictions and recommendations. 

 Probably the analytical part of my work is half and the other half is writing reports and explaining to people what I found. 

 You can expect to spend at least 40 hours a week in the office, mostly in front of the computer or on the phone. 

 I generally call people, sometimes crunch numbers first and then call people. 

 There's also a good chance you'll be living and working in a financial center. 

 So, the places to be would be New York, Atlanta, Chicago, Los Angeles. 

 Now, how to get there? 

 After you have graduated from college and you don't even have to graduate from college, you get your certification by passing the examinations that the Society of Actuaries or the Casualty Actuarial Society gives. 

 The good news is your employer will help you out. 

 They encourage you to pass your exams by promising to give you raises as you pass your exams. 

 Very nice. Ultimately, you must gain fellowship status or else. 

 You do need to progress in your exams that are relatively rapid rate because otherwise the companies will get upset with you and not keep you on in the actuarial program. 

 Even after you're topping your field you are required to keep learning. 

 You have to go to conferences and talk to other people about what's going on, things change constantly. 

 One thing that's not changing, the demand for actuaries. 

 Well, actuarial science is a very difficult field to make it in. You have to be ready to study for a long time, but there have always been jobs in actuarial science for people that are willing to do the work. 

 Once you're in the workforce you'll make good money right away. 

 Actuaries have always -- have pretty good salaries, even coming out of school. 

 To be an actuary, you must be good at math. A desk job should also appeal to you. 

 This is not the kind of job for somebody who likes to be driving around to different places all the time. 

 What do you think the best part about your job is? 

 To give interesting -- I talk to interesting people that have interesting problems to solve. 

 Fay isn't the only one who thinks actuarial science is the stellar career, the Wall Street Journal agrees ranking actuary as one of the best professions. Part of being an actuary is calculating risks and after inspecting the possible dangers during my drive, the odds are in my favor. So, YouniversityTV is rolling out -- later. 

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