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Recent Actuarial Blog Posts

The Actuary Profession: What we do, Requirements & Salary

A career as an actuary can be incredibly fulfilling and interesting, but it’s not a career that many people have heard of before.

So what does an actuary do? An actuary is responsible for evaluating risk in an insurance company. You need a bachelor’s degree and to pass several professional exams in order to become fully qualified, but once you are you can make $150,000+ annually.

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Actuarial Exam Costs (Exam Fees + Study Materials)

If you’re thinking about writing an actuary exam soon, you’re probably curious about how much it’ll cost to take the exams.

How much do actuary exams cost? The first 2 exams are $225 USD. Costs gradually increase to $1,125 USD as the exams get more and more advanced. Study material costs can range from $0 to $1,500+ depending on the exam and your choice of materials.

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Can an engineer become an actuary?

If you’re an engineer looking to make a career change then becoming an actuary is definitely a career to consider.

But first off, can an engineer even become an actuary? Yes! With a bachelors degree and strong willingness to put in the effort needed, an engineer can become an actuary.

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5 Things I Learned from the World’s Youngest Actuary

There’s so much conversation about how much to study; people overlook how to study.

I fell into this trap when studying for my first actuarial exams.

I set my goal for 300 study hours, and then I locked myself away for 2-3 months. I remember forgoing a spring break vacation so I could study for 4-6 hours per day. I took pride in my marathon study sessions; I took pride in being busy.

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Actuarial Exam Costs (Exam Fees + Study Materials)

If you’re thinking about writing an actuary exam soon, you’re probably curious about how much it’ll cost to take the exams.

How much do actuary exams cost? The first 2 exams are $225 USD. Costs gradually increase to $1,125 USD as the exams get more and more advanced. Study material costs can range from $0 to $1,500+ depending on the exam and your choice of materials.

read more