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Career change - Accountant to Actuary

  • 09-07-2016 6:50pm
    #1
    Registered Users, Registered Users 2 Posts: 1


    I am considering a career change from accountancy to actuarial work and I was wondering if anyone has made a similar switch and has any advice?

    Truth be told I've always felt I'm in the wrong field but stuck with it and tried a few different areas. Now I'm not sure how appealing I find the long term opportunities in accounting roles (either dead boring or you're worked to death in the more interesting finance roles) and wonder if I am better biting the bullet and finding a field that plays better to my strengths while offering good terms and conditions (good work life and pay with more interesting work ultimately).

    I worry I am getting a bit long in the tooth but it looks like on LinkedIn there are a few latecomers to the profession though usually engineering or PhD refugees! However I didn't see any former accountants, though there are some limited exemptions it would seem.

    I am considering sitting the CT1 exam to see how I find them (would have always enjoyed stats and maths and done a quantitative degree) and then looking for a training position next year.

    If anyone has any thoughts or experiences i would appreciate it. Thanks.


Comments

  • Registered Users, Registered Users 2 Posts: 2,647 ✭✭✭impr0v


    You don't say what age you consider "long in the tooth" to be, but I say go for it.

    You will have the benefit of more life and work experience, and more maturity, over your peers. Knowing that you are now in a career that you want will also spur you on and give you an advantage over them.

    No reason that I know of why an accountant could not become an actuary.


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