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Do actuarial exams expire?

So maybe you passed an actuarial exam a few years ago and now you’re considering coming back to the actuarial field. Or you’re considering taking some time away from actuarial exams, and wondering if you’ll still have credit for the exams you passed several years ago....

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Do actuarial exam scores matter?

If you’re writing an actuarial exam soon, or just got your exam score back, you may be wondering whether the score really matters at all. Fortunately, your score doesn’t matter. Employers typically only care that you passed your exam. It’s uncommon for them to ask...

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Do actuaries make good money? (Actuary salary analysis)

Yesterday someone asked me if actuaries make good money. I completely understand that this is something anyone considering the career would want to know. But I found it hard to answer directly.

Fully qualified actuaries can make $150,000+ annually, so most people would say actuaries make good money. But it really depends on your definition of good money.

There are a few different ways we could look at this.

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What subjects are needed to become an actuary?

If you’re considering becoming an actuary, you probably want to know the courses you’ll be required to take in college or university in order to get a job.

Essentially, the subjects you’ll need to be an actuary are:

Calculus
Algebra
Statistics
Probability
Computer Science
Finance
Economics
Business
Actuarial Science (if available)

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How Actuarial Exams Work

If you want to become an actuary you’re going to have to go through the actuarial exam process. So knowing how it works is critical.

To put it very simply, the actuarial exams are a series of 10 exams with multiple choice and written answer type questions. The exams are timed for 3 to 5 hours depending on the exam and the series takes most people between 7 and 10 years to complete.

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Do actuaries use calculus?

Calculus is one of those subjects that is nice to learn about, but it’s hard to see how we’d actually use it in real life. You may have heard that aspiring actuaries should have some background in calculus. Or maybe you’re writing Exam P and are wondering if you’re...

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Get an actuarial job even in today's competitive market!

Get all my best tips on how to become a TOP actuarial candidate so that you can get your actuarial dream job.

Just add your email below.