Actuary Career Information : Actuary Hardest Day

Actuaries are subject to time pressures, which can be stressful for some individuals. Hear about the hardest day an experienced actuary had in this free career information video.

Expert: Faye Albert
Contact: www.albertassociates.org
Bio: Faye Albert owns her own actuary firm called Albert Associates. They provide actuarial consulting to insurance companies, government agencies and lawyers.
Filmmaker: Paul Muller

Category:

Howto & Style

Tags:

• actuary
• actuaries
• actuary salary
• actuary career information
• actuary professionals
• insurance
• finance
• job hunting
• career information

[ChayDawg64]

@oo70mar well said. and I agree. but wait..... Actuaries don't make a alot of money? I guess it depends on who you work for, right? A Law-firm Actuary might not make as much as the Department of defense Actuary, right? I mean there's a lot of number and math involved in the consensus, right? sorry, but im curious myself. I just learned the term for the job, but common sense felt this kind of job exists. I loved math from what I remember, but was afraid it leads to insanity :(

[WizardLim11]

2:03 - 2:09 "but the biggest challenge is conducting an interview during a thunderstorm. I appreciate u watched it"

LmAo!! i love that man..

[oo70mar]

@MelTurpin I've been told about this myth that if you love math and want to make HUGE money, then become an actuary. But what you are telling me, is that there's little real Math involved. If what you are saying is true, would u mind telling me what jobs do involve the use of extensive math? Because my first true love is math, not trying to remember a whole bunch of "non-math facts" as you said. And no, I don't wanna b just a math teacher... no offense to u, but I want a little more in life.

[MelTurpin]

No, I do love math. I'm a math teacher! That's the big lie about the actuarial field: After the first few exams, there is little real Math, and the jobe itself CERTAINLY involves VERY LITTLE interesting math.

[dbor009]

I seriously want to try the profession, but in my country its so incredibly competitive and the market is tiny, only about 100 Actuaries. They only tend to look at very top people, but I suppose if you apply yourself and work very hard you an rival these people. You would need to pass some exams in your own time as only very few people get thru on the very rare recruitment rounds for the insurance companies.

[zvamada]

i think you just failed it

[skatomex199]

so, you just dont love math..you have to love it

[acc771]

it depends on the type of person you are.... you are not the standard for all human beings in case you didn't know - people are different.

[mailmepizza]

So you passed about six tests. That's pretty good. Can you give an example of the problems you were presented with at work? How long did they take to solve? Why does a high level certification require the memorizing of so many facts? And if they're not mathematical, what do they pertain to? Thanks for the information.

[MelTurpin]

No, I'm certainly not saying you have to be adventurous. I do think that different personality types have different needs in the "adventure" department; I found very little adventure at ANY of the 3 different life/health companies I worked for.

I obtained my ASA designation. Only the early exams are heavy on Math. The further you go, the less math you will see. You certainly need brainpower, but in my opinion you need a brain with a high tolerance for memorizing boring non-mathematical facts.