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     VOL. XLIII NO. 48 PAGES 32                             NEW DELHI  2  - 8 MARCH 2019                                                 `12.00

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    Shreya Bhattacharya                                                                   have been excluded from the  23.7%    of   all   national
                                                                                          decision making process. From  parliamentarians are women.
        arch   8    marks   the                                                           the beginning of time, they have  One in three women experience
    MInternational Women's day,                                                           been denied even such basic  some form of physical or sexual
    a day to celebrate the social,                                                        rights as access to literacy and  violence in their lifetimes.  The
    economic, cultural and political                                                      property.                    International        Labour
    achievements of women, a day                                                          Glaring Inequalities         Organization (ILO) estimates that
    to evaluate the status of women                                                         Inequality on the basis of  there are 20.9 million victims of
    in the society, and also a day to                                                     gender constitutes one of the  human trafficking globally; 55%
    call for accelerating gender                                                          history's most persistent and  of whom are women and girls.
    equality. The theme for this year                                                     widespread forms of injustice.  As per the Gender Gap
    is “Think equal, build smart,                                                         Women and girls continue to  Report, 2018 published by World
    innovate for change”. It focuses                                                      suffer   discrimination  and  Economic Forum, when it comes
    on innovative ways in which we  not just personal identities; rather  static, but dynamic and fluid; they  violence in every part of the  to  political  and  economic
    can advance gender equality and  these are social identities. They  vary from culture to culture, and  world.  This inequality exists in  leadership by women, the world
    the empowerment of women,    arise from our relationships to  also keep changing over time.  every sector. In South Asia, only  still has a long way to go. Across
    particularly in the areas of social  other people, and depend upon  We learn what is expected of our  74 girls were enrolled in primary  the 149 countries assessed,
    protection systems, access to  social interaction and social  gender from what our parents  school for every 100 boys in  there were only 17 that had
    public services and sustainable  recognition. It is learnt from birth  teach us, as well as what we pick  1990. However, by 2012, the  women as heads of state, while,
    infrastructure. Gender Equality  through childhood socialisation.  up at school, through religious or  enrolment ratios were the same.  on average, just 18% of ministers
    has become one of the most   One   example   of  socially  cultural teachings, in the media,  Instead of attending class,  and 24% of parliamentarians
    central concerns of the 21st  constructed  differences  is,  and  various  other  social  millions of girls and women  globally were women. Similarly,
    century. This article will look into  women's role in most societies  institutions.  The political, social,  around the world spend 200  women held just 34% of
    the issue of gender equality and  has traditionally been to take  economic, cultural, religious and  million hours each day fetching  managerial positions across the
    women empowerment and their  care of the household, and the  other factors create hierarchical  water that is often dirty and  countries where data was
    various aspects in the present  children, whereas the role of men  relationships between women  dangerous to their health. In 155  available, and less than 7% in
    scenario.                    has been to work outside home,  and men in a society. Historically,  countries, at least one law exists  the  four  worst-performing
    Gender                       be the bread-earner for his  the distribution of resources,  which  impedes  women's  countries (Egypt, Saudi Arabia,
      Gender refers to socially  family, and thus, becoming head  power and rights has been in  economic opportunities.  The  Yemen  and  Pakistan).
    constructed identities, and roles  of  the  family.  Gender  favor  of  men,    while  gender pay gap costs global
    for women and men.  They are  constructions are, however, not  disadvantaging women.  They  economy $160 trillion. Only   Continued on page 31
    JOB HIGHLIGHTS
                                       CAREER IN ACTUARIAL SCIENCE

            NCRTC

     National Capital Region   Usha Albuquerque & Nidhi     management       for    any   the car? What is the popularity  insurance risks to minimize
                               Prasad                       organization.  They use various  with thieves, cost to repair etc. All  losses.
     Transport    Corporation                               statistical, mathematical and  these and more factors are  Š Predicting the occurrence of
                                   ctuaries are experts in
     Ltd. invites applications  Aevaluating the likelihood of  computational methodologies to  considered by an Actuary.  various illnesses such as
                                                                                           Actuaries analyze different
     for various posts.        future events using numbers, not  give their assessment. Some of  types of data to calculate and  heart disease, cancer, etc.,
                                                            the job responsibilities of this job
                                                                                                                          among different groups, to
                               crystal balls.
     Last Date: 15 days after    If you enjoy Playing with  profile in life and general   manage risk.  They, thus, help  incorporate these risks when
     publication               numbers and  Analyzing data,  insurance business include   companies form efficient policies  designing insurance policies.
                                                            designing and pricing of policies,
                                                                                          by protecting themselves from
                               interpreting statistics   and you                                                       Š Assessing   risk  for  the
                   Page : 18-19  are ambitious, then a career in  monitoring  the  funds,  uncertain and undesirable future  financial planning of the
                               Actuarial Science might be just  recommending fair rate of bonus  events. Actuaries are required in  company.
                                                            where applicable, insurance
                                                                                          any field where risk is involved,
       INDIAN NAVY             what you are looking for.  A  risks like legal liability, loss of  including banking, insurance,  An actuary in India works in
                               choice   that  promises   a  profit, etc                   healthcare, and even non-    the following fields:
     The Indian Navy requires  successful  career  and   a    Actuaries are professionals  financial areas.            Š Life Insurance
     554 Tradesmen Mate        handsome salary.             trained in this discipline.  An  Their ability to analyze data to  Š General Insurance
                                 Actuarial science is the                                                              Š Health Insurance
     Last Date : 15.03.2019                                 actuary   is   a    business  understand risk makes them
                               discipline   that    applies  professional who analyzes the  especially useful in the field of  Š Reinsurance Companies
                  Page : 26-27  mathematical and statistical  financial consequences of risk.  Insurance.  Actuaries are the  Š Pension Funds
                               methods to assess risk in    Actuaries use mathematics,    masterminds behind insurance  Š Consultants
               IIT             insurance, finance and other  statistics, and financial theory to  policies.  They analyze facts,  Š Investments
                               industries  and  professions.  study uncertain future events,  figures, and trends to formulate  Š Government
     Indian    Institute    of  Actuarial Science as a field is all  especially those of concern to  various insurance programs.  Š Academics
                               about analysis, computation,                                                            Š Risk Management
     Technology,      Jodhpur                               insurance    and     pension  The work responsibilities of
                               logic and data. From designing  programs.  Actuarial science is                          The role that an actuary can
     requires 23 Registrar, Senior  insurance policies to solving  one of highly paid profession.  Actuaries include the following:  perform in each of these sectors
                               business problems,  Actuaries                              Š Designing financial policies
     Executive Engineers etc.                               What Actuarial Scientist Do?                               can be quite varied, such as
                               are in demand.                                               and monitoring if there are  product  pricing,  financial
     Last Date : 15.3.2019       A course in actuarial sciences  If you have a car, you would  enough  funds  in  the  modelling,  valuations,  risk
                     Page : 29  equips you to scientifically  have car insurance. How old are  company.                management, carrying out peer
                               assess risk in various fields, but  you? How old is your car? With  Š Determining the rate of  reviews,  designing  social
                               mainly in insurance, business  every successive year, as the car  interest to be given to
      Follow us   @Employ_News                                                                                         security schemes, advise on the
                               and finance.  Actuaries are an  ages, the value of the car also  customers for insurance
          facebook page        important component of risk-  goes down. How does the rising  policies.                 premium to be charged etc.
       facebook.com/director.employmentnews  assessment as well as risk-  price of petrol affect the usage of  Š Keeping  a  check  on  Continued on page 30
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