What is actuarial science? (Don’t major in it!)
Actuarial science is becoming more and more popular among math-loving students looking for ways to use their skills after college.
So, first off, what is actuarial science?
Actuarial science is the field of study relating to the quantification of risk using math, probability and statistics. These highly specialized skills are primarily used in the insurance industry to ensure that insurance companies are financially stable now and for decades into the future.
What is a valuation actuary? What do they do?
If you’ve ever considered becoming an actuary, you’ve probably heard the term “valuation actuary” before.
But, what is a valuation actuary?
It’s an actuary that is responsible for determining the reserves for an insurance company. The reserves ensure that the company has enough money to pay for expenses and claims that the company anticipates it will have to pay in the future.
Failed an actuarial exam? Do something different!
If you recently failed an actuarial exam, I completely understand if you're feeling like you have no clue what to do differently next time. Lots of people feel that way, and it's very normal. Why did you fail your exam? Well, here are 3 possible reasons for...
5 Tips for Balancing Actuarial Exams and Life
Feeling stressed, overwhelmed, and anxious while studying for an actuarial exam? You're not alone. I've come up with these 5 tips to help you reduce actuarial exam stress while also learning to balance studying and life. Set specific daily goals for yourself....
50 Unique Tips for Actuarial Exam P and FM
I’ve been running the Study Strategy Program for Exam P and FM for years now, and throughout that time I’ve given members hundreds of little nuggets of advice. In this post, I thought it’d be a good idea to share some of them with you! So, here are 50 tips for...
Actuary Job Description (What you’ll really be asked to do)
When I was first considering becoming an actuary, I really had no clue what to expect. Now, after having been working as an actuarial analyst (more about the actuarial analyst career here) for the past 4 years, I have a much better idea of what they really do. These...
The Actuarial Analyst Career – Everything You Want to Know
If you’re looking for a professional career that involves solving problems, working with tons of numbers, and analysing data, well, the becoming an actuarial analyst may just be the job for you! You may not already know me, but I have been in an actuarial analyst...
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....
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...
Answers to 11 common questions about Exam FM
This post goes into detail with answers to 10 common questions I get asked about Exam FM.  So if you're writing SOA Exam FM (or CAS Exam 2) soon, you're definitely going to want to read this! How is Exam FM Scored? How should I study to pass Exam FM? How hard is Exam...