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Job as an Actuary

  • 28-11-2019 9:46pm
    #1
    Registered Users, Registered Users 2 Posts: 35


    Any actuaries out there that can give me advice? I’m in college now and can branch off into financial maths and actuarial science which gives me 6 exam exemptions but am not definite I want it. What are the job prospects like? Do you like your job? Can it get boring or stressful? What’s the salary like? Is there opportunity for promotions? Do you wish you had another job? What’s the exam process like? Thanks a million any help would be appreciated :)


Comments

  • Moderators, Society & Culture Moderators Posts: 12,853 Mod ✭✭✭✭riffmongous


    You'll need to try a different forum I think, here maybe?

    https://www.boards.ie/vbulletin/forumdisplay.php?f=10


  • Registered Users, Registered Users 2 Posts: 2,419 ✭✭✭antix80


    If you're a bit autistic and don't mind long hours, the money is good.


  • Administrators, Social & Fun Moderators, Sports Moderators Posts: 78,393 Admin ✭✭✭✭✭Beasty


    Thread moved from Current Affairs


  • Moderators, Business & Finance Moderators Posts: 10,613 Mod ✭✭✭✭Jim2007


    antix80 wrote: »
    If you're a bit autistic and don't mind long hours, the money is good.

    Everyone is a bit autistic it's only a question of degree.... and not in the slightest bit helpful.


  • Registered Users, Registered Users 2 Posts: 2,419 ✭✭✭antix80


    Jim2007 wrote: »
    Everyone is a bit autistic it's only a question of degree.... and not in the slightest bit helpful.

    I meant a bit autistic rather than full-autistic


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  • Registered Users, Registered Users 2 Posts: 42 Boardzee


    Sheehan123 wrote: »
    Any actuaries out there that can give me advice? I’m in college now and can branch off into financial maths and actuarial science which gives me 6 exam exemptions but am not definite I want it. What are the job prospects like? Do you like your job? Can it get boring or stressful? What’s the salary like? Is there opportunity for promotions? Do you wish you had another job? What’s the exam process like? Thanks a million any help would be appreciated :)

    Job prospects are super good, both in Dublin and internationally. Irish actuaries are highly respected globally. There's wide variety in actuarial roles, I think there's something for everyone. If you like working independently crunching numbers, back office jobs might be for you. If you like dealing with people, there are lots of front office roles too. What's important for any actuarial job these days is the ability to communicate highly complex results in a simple and understandable way - both to other actuaries and to non-actuaries. I'm lucky, my job is one of the more exciting actuarial jobs so it's never boring and no two days are ever the same. It can be stressful at times but never unmanageable. Salary is really good, I doubt there's many other jobs that pay as well in Ireland. Promotions aren't really a major thing in the actuarial world, things are more focused on the exams. The exam process is insanely tough: they are easily the toughest set of professional exams out of the medical/legal/investment banking exams (based on what I've seen from close friends). I'd 100% go down the actuarial route again if I was starting out.


  • Registered Users, Registered Users 2 Posts: 42 Boardzee


    antix80 wrote: »
    I meant a bit autistic rather than full-autistic

    And regarding this.....it's not true any more. 30+ years ago it was certainly true: a lot of actuaries would have spent their days doing manual calculations by hand. It would have been a good role for autistic people and many people with autism did really well. The job has changed massively over the last 30 years. There's much more emphasis on communication and dealing with others. There are some actuarial jobs where people with autistic tendencies would do well, but these are in the minority....

    It's interesting to see how socially different actuaries in the 50+ bracket are versus those <35.


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