Assalamu Alaykum,
Would working in a Big 4 Audit firm as an actuary be permissible? As your income is now paid from the audit companies’ profit (audit fees etc.) as opposed to an insurance companies’ profit (interest earned from invested premiums as well as the overall insurance products). Although some of your work may still be of consulting nature, but these would be less of core business operations (ie pricing insurance products) but more so of financial reporting questions and how to apply new systems to the client (which is likely to be an insurance company). Also what about working for an actuarial consulting firm (Oliver Wyman or Mercer for example), the work they perform is more of regulatory and compliance in nature, or is the “audit-supporting” role found in the Big 4 more preferable? @Mufti_Faraz_Adam @Mufti_Billal
Jazakallahu Kheiran!