Ideal Professions For Number Crunchers

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The bedrock within any training structure is to allow the candidates to gain enough skills required to perform the most demanding tasks and to also have what it takes to improve their performance. In addition to this, there is also a great need for mentorship and orientation in some professions. While this is true in every sense, some individuals are naturally good in certain disciplines. While training is a must, you’ll still find them excelling in their respective fields even with minimal supervision.

But needless to mention, among the most complex subjects, is mathematics, and many people will spend their entire lives struggling with numbers. However, some are so good at math you could think they were counting each day while in their mother’s womb. So, if you’re as good as you believe you are and have exemplary skill crunching numbers, then you’re in the right place. This is especially the case if you’re undecided on the right career path to take.

Without further ado, below is a list of professions ideal for number crunchers.

1. Loan Officer

Among other tasks, a loan officer is responsible for evaluating and authorizing approval for business and individual loans such as credit cards, mortgages, and personal loans. Loan officers work for credit unions, commercial banks and mortgage companies. They are also tasked with the duties of updating and reviewing account records. As a loan officer, you’ll not only be involved in handling accounts and credit information, but you’ll also be responsible for helping people achieve their dreams in life. This is a high paying profession with a flexible schedule.

Depending on the institution you approach, most employers will consider you for employment if you have a degree in finance, commerce, or a related field. According to expert opinions from, you will also need to acquire a loan officer license if you want to work with recognized financial institutions. Although the requirements to become a loan officer may vary from one country or state to the other, the most common requirements include:

  • A bachelor’s degree in finance, economics, related fields, or pre-license education
  • In-depth knowledge of banking software and computers
  • Pass the criminal background check
  • Completion of loan officer licensing courses
  • Outstanding communication skills
  • Exceptional sales skills

2. Actuary

Actuaries are responsible for analyzing risks and uncertainties in the economy. They use statistics and mathematics to assess the risks of events and how these events may affect the economy. This helps businesses to develop strategies that minimize the costs of such risks. Most actuaries work in accounting fields, finance, and as underwriters, while others will prefer to work in insurance companies and as price and financial analysts in securities. With experience, an actuary can be given a supervisory role or as a senior advisor in management. Actuarial jobs pay well but are typically demanding. Nonetheless, actuarial jobs offer comfortable working conditions, which make it a desirable career option for number crunchers.

3. Mathematician

As the title suggests, this is a profession involving numbers. Mathematicians use mathematics to analyze data and solve real-world problems. In addition to this, they also help organizations to understand and develop mathematical principles that are fundamental in solving critical problems in businesses, sciences, and engineering. Now, there are two main types of mathematicians, which include:

  • Theoretical mathematicians – Theoretical mathematicians will research and identify issues that are hard to explain in mathematics, and they’ll explore new strategies to resolve them. The understanding and knowledge gained from such findings can be used to solve so many scientific and engineering puzzles.
  • Applied mathematicians – Applied mathematicians will work with individuals in other professions or fields to solve most practical problems using various mathematical theories and techniques.

There are always overlaps within these two fields, and mathematicians will frequently use both theoretical and applied mathematics in solving problems in their job duties.

4. Financial Analyst

Financial analysts are vital in providing individuals and organizations with guidelines on making sound investment decisions. You’ll find them in the stocks and bond markets analyzing and assessing performance. Most of their duties revolve around economics and investments. In addition to this, financial analysts will also work in insurance companies, banks, pension funds, and other businesses evaluating different investment opportunities and assessing various risk factors. There are different types of financial analysts depending on the fields they work in, some of which include:

  • Portfolio managers
  • Rating analysts
  • Fund managers
  • Risk analysts

Depending on the type of institution or field a financial analyst works in, they may work either part or full time. Financial analyst jobs attract lucrative pay packages with comfortable working conditions. To become a successful financial analyst, you must seek to be self-motivated, self-confident and continually add more knowledge to what you already have.

Your chances of becoming what you want are dependent on your areas of interest and how much you’re willing to sacrifice to get there. In addition to this, you want to ensure that you have positioned yourself in opportune prospects. Most importantly, being a number cruncher alone will not be enough to see your dreams come true. With the right idea, great timing and timely executions are among the tricks you need to land an enviable position.