Actuary Career Information : Actuary Pros & Cons

The pros and cons of an actuary profession include time commitments and dealing with people. Learn more about actuary career advantages and disadvantages with tips from a experienced actuary 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

[Dejital]

This is very helpful thank you

[royalrobert]

LMAO, this is very helpful. Funny, but helpful. She basically admitted that actuaries are socially awkward. HILARIOUS!

[emiilyfights]

@Leeyooo Yes, but there will be more exams so you might have to work out where you do the rest of your exams. Also, depends how many jobs there are in London for actuaries - I mean, London is a popular place, lots of people want to move to and work there.

[ilovebees3]

Actuarial profession sucks. Your work is essentially limited to Insurance companies who are penny pinching blood suckers. There are many unemployed actuaries including Fellows. With their limited training (i.e to  Insurance related fields) they are stuck in the mud. Private consultants have the largest liability exposure of any job. Many "consultants" are basicaly unemployed, but use that term to disguise their situation. I know of no actuary who recommends their children become actuaries.

[Leeyooo]

Guys plz hepl me, i got a qustion. If i becoem an acturay in sweden, can i thank move to londom for example and start working there as an acturay?, in other words, i take the exam in sweden, wrok in london

[ActSciBlink]

I just wrote my first exam in August and they are hard. I have to retake it in February. But the material is interesting. Good luck! :)

[MAT3RO1]

I'm 16 as well, and I'm interested in such a career. I really want to go more into math after high school but I'm a junior and still taking geometry 1-2 due to messing up freshmen year. But I've gotten my act right, and I want to get to loe math. I'm just confused on what to do from here...

[zvamada]

@nikanj it is such an open profession, depends where you want to work really

[nikanj]

Does anyone know what the hours are like in this profession? It's it mad like investment banking hours?

[dbor009]

If you wanted to do the Actuary thing, I would encourage you to probably do a Stats/Math double major (maybe with some economics/finance) or even better, do an Actuarial Science degree. The actuarial degree can give you some credits for the Societal exams and will give you a greater chance of getting a job...I haven't done any Actuarial exams but a tip would be to study very hard and be consistent... it helps to be good with math, very good, so make sure you keep this up.