Any actuaries here?

[RU482]

My wife is considering taking the test to become an Actuary. Anyone here in that field? If so, what kinds of jobs are there?

 

[agnitrate]

I too would like to know what they would actually do. Somebody at my job suggested I take some courses in actuarial science, but I don't know what they're all about.

-silver

 

[maziwanka]

i was so incredibly bored out of my mind interning as an actuarial analyst one summer.

but, boy did i take it easy. it was a good summer

 

[RU482]

I just got to looking at the wage data and WOW. nice bank

maziwanka, what did you do for your internship? Did the job after graduation look like it would be equally as boring? What other kinds of jobs are there?>

 

[Lamont Burns]

I work with actuaries in my insurance job. Mostly for them forecasting and crunching numbers to generate premium guidelines to make sure we make money. You hate your insurance premiums, well they calculate what they will be. It is not an easy job either.

Mad bank though.

 

[isaacmacdonald]

nope. But I'd love to be one. I know two actuaries and both are relatively happy (one owns her own business, the other one works for a financial company) and making great money.

 

[Drakkon]

you make nice bank but you have to be ready to pretty much sit in front of a datasheet all day long looking like your analyzing stuff...i tried it...it was just too damn boring...i mean making predicitons about how many people will do something stupid (i.e. die) in the next few months (insurance agency...it gets old unless your into that sorta thing)...it just was a waste of time when could find a really interesting job i thought....

 

[RU482]

my wife is really big on crunching numbers. For fun, she creates spreadsheet after spreadsheet of our budjet, retirement accounts, and other mostly useless data. Sounds like she'd be good at it.

She has a BS in Chemical Engineering, but didn't care for the jobs she had in that field

 

[Zebo]

Originally posted by: redly1
I just got to looking at the wage data and WOW. nice bank
?>

Thats your first mistake. Remember CS anyone? anytimes somethings hot it's really not. Do what you love or like and do it well and money will follow. Do it well and you'll do well.

 

[RU482]

Originally posted by: Zebo

Originally posted by: redly1
I just got to looking at the wage data and WOW. nice bank
?>

Thats your first mistake. Remember CS anyone? anytimes somethings hot it's really not. Do what you love or like and do it well and money will follow. Do it well and you'll do well.

that advice makes it even better, cause I think my wife would not only like the job, but do it very well 😉

 

[DrPizza]

Originally posted by: Zebo

Originally posted by: redly1
I just got to looking at the wage data and WOW. nice bank
?>

Thats your first mistake. Remember CS anyone? anytimes somethings hot it's really not. Do what you love or like and do it well and money will follow. Do it well and you'll do well.

I love teaching.... money doesn't follow (at least not the kind of money I could make in the private sector)
And, I don't care HOW hot actuarial science is.... not many people can handle the amount of math that you need to know, and be able to start passing the tests. No offense to the tech savvy people here meant, but most tech stuff is relatively easy (although you have to have a logical mind for programming). It's just a matter of being in the right environment long enough.

 

[Kyteland]

I'm not an actuary, but an actuary could be hired to do my job. I make slot machine math. It is a very cool job.

 

[Zebo]

Originally posted by: DrPizza

Originally posted by: Zebo

Originally posted by: redly1
I just got to looking at the wage data and WOW. nice bank
?>

Thats your first mistake. Remember CS anyone? anytimes somethings hot it's really not. Do what you love or like and do it well and money will follow. Do it well and you'll do well.

I love teaching.... money doesn't follow (at least not the kind of money I could make in the private sector)
And, I don't care HOW hot actuarial science is.... not many people can handle the amount of math that you need to know, and be able to start passing the tests. No offense to the tech savvy people here meant, but most tech stuff is relatively easy (although you have to have a logical mind for programming). It's just a matter of being in the right environment long enough.

Frankin covey worth about 60M from teaching time management. What I say still holds true.

 

[andy2812]

I'm an actuary for an insurance company. Most actuaries work for either an insurance company or a consulting firm. In addition to number crunching, you will probably do a lot of programming so good computer skills are very important.