Most future actuaries start their journey by passing an exam. That’s probably because when you first look into the actuarial career, it can seem like all you hear about are exams, exams, exams!
Do you really need to know a programming language to become a top candidate?
Here’s the thing. It’s totally possible to get hired without ever learning a programming language, but that will make your actuarial journey way harder than it has to be!
That’s because 64% of actuarial employers prefer a candidate that knows a programming language.
I always get tons of questions about which schools have the best actuarial science programs. Well, I’ve got some long overdue answers for you!
The thing is, you don’t need to get an actuarial science degree to become an actuary. In fact, it’s not necessarily your best option; you can learn why here.
If you were making mistakes that could hinder your growth in the actuarial career, you would want to know, right?
As it turns out, there are five common mistakes that keep aspiring actuaries from achieving their dreams. You’re probably doing at least one thing that can slow down your career by months, or even years!
Luckily, every one of these mistakes is fixable. You’ll learn which mistakes you’re making, how to avoid them in the future, and what to do instead to accelerate your actuarial journey.
The actuarial job market is competitive, and that can put pressure on aspiring actuaries. You might feel like you have to take any actuarial job you can get.
But, that’s not true!
What if I told you that you could improve your chances of getting a great starting salary and get multiple job offers and even bigger bonuses?
First off, congratulations on such a HUGE success! Passing an actuarial exam is far from easy, but you’ve done it!
Now that you’ve checked that off your list, you may be wondering what’s next. You may be surprised that I don’t recommend you immediately start studying for another exam.
That’s what many people end up doing.
However, there are other things that should be a higher priority right now.
Looking for an actuarial job or internship? You’re in the right place!
Everyday, I’m helping people just like you to find their first actuarial internship or entry-level position. So, in this post I’ll go through the top 3 things you need to do to make sure you’re a competitive candidate for any position you apply to.
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.
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.
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.