Are there any Actuaries on ATOT?

Cawchy87

Diamond Member
Mar 8, 2004
5,104
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I have visited all the websites about it etc. I have visited with actuaries and talked with Profs. But I am not sure if it is for me.

If you are an Actuary, what is your work week like? Lots of overtime, or a lot of flexibility. Basically I want to know what the quality of life is like.

I am aware that the job pays well, but what good is it when you have no time to spend it!

Also, please state what industry you work in.

I am from Winnipeg, Manitoba, Canada and will be going to the University of Manitoba.

Thanks for replies!
 

ToeStub

Banned
Aug 20, 2004
392
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Wow, being an actuary sounds like a really exciting career choice. I take it you don't care for any sort of physical or mental activity other than crunching numbers.
 

Cawchy87

Diamond Member
Mar 8, 2004
5,104
2
81
Well, I would rather pursue an honor's Physics degree. However the job prospects are not nearly as good as in Actuarial Mathmatics.

I have played hockey for the past 12 years, and was considering playing junior next year (18-21 year olds). But I will have to give that up :( .

I enjoy working with numbers and am good at it. Also I am very interested in business.
 

Semidevil

Diamond Member
Apr 26, 2002
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I am pursuing the actuary career right now. People always make jokes that actuaries dont have a social life, so take it anyway you want.

But to be an actuary, realize the number of exams you have to pass, and from what I heard, it is not a very exciting job, mostly deskjob.

go to actuary.ca for more informaiton.

and from what I hear, it is a bit hard to find actuary job in canada
 

Nikamichi

Diamond Member
Nov 21, 2003
7,759
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Originally posted by: Sluggo
Isnt there a member here with the screen name of ActuaryTim?

His name is actually, ActuaryTm (though it seems everyone mistakes it for Tim).

Cawchy87, I would suggest dropping him a PM.
 

Bryophyte

Lifer
Apr 25, 2001
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Originally posted by: loki8481
what the heck is an actuary?

I think an actuary uses math/statistics to determine risk for insurance companies so they can determine rates or eligibility for individual customers.
 

Cawchy87

Diamond Member
Mar 8, 2004
5,104
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Yes, it is a common joke. I am aware of the professional exams and their difficulty. Also, there are being large changes to the education system of actuaries.

Here is a link: http://www.soa.org/ccm/content...ducational-experience/

After talking to a long time acutuary it seems that the actuary profession is broadening into financial institutions and other areas. Also, a friend's father owns an actuary business in Winnipeg.

Also, my father is friends with a man who owns a large firm in Vancover who are currently dealing with a lot of money for the Vancover 2008 Olympics. As well, Investors Group and Great West Life Canada are based in Winnipeg.
 

KnickNut3

Platinum Member
Oct 1, 2001
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Originally posted by: Bryophyte
Originally posted by: loki8481
what the heck is an actuary?

I think an actuary uses math/statistics to determine risk for insurance companies so they can determine rates or eligibility for individual customers.

e.g. Ben Stiller in Along Came Polly
 

nageov3t

Lifer
Feb 18, 2004
42,808
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Originally posted by: Bryophyte
Originally posted by: loki8481
what the heck is an actuary?

I think an actuary uses math/statistics to determine risk for insurance companies so they can determine rates or eligibility for individual customers.

that's gotta be one of the worst jobs ever :Q
 

ArmenK

Golden Member
Oct 16, 2000
1,600
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I am also planning on going into this career. I will be taking my first exam in the coming Spring. Check out the forums at actuary.ca for alot of info.
 

poonsmjj

Junior Member
Dec 7, 2003
16
0
61
Funny you brought up this topic....

I'm an actuarial intern at a large insurance company... it sounds like you use lots of formulas and what-not... nah you don't at work. I mean you're going to have to learn it when you go to university... but when you get to the workplace, you see everybody using worksheets in excel and everything. and yes, it is a boring desk job, but eh, whatever. If you're not interested in much (like me) just about everything is boring... however the paycheck is nice.

One tip; learn excel. Seems that's been the only thing I've really used... creating macros and using worksheets. I think everybody in the office uses it... even more so than access... but perhaps that's because nobody knows how to use access? hahaha :)

anyways good luck on your SOA exams!