What do you need to be good at to be an actuary?

The skills developed and honed by successful actuaries include an excellent business sense with knowledge of finance, accounting, and economics; keen analytical, project management, and problem solving skills; specialized math knowledge; strong computer skills; and solid written and oral communication skills.

What is a career in actuary like?

An actuary evaluates, manages and advises on financial risks. They use their knowledge of business and economics, together with their understanding of probability theory, statistics and investment theory, to provide strategic, commercial and financial advice.

Why do you want to pursue your career as an actuarial aspirant?

A career as an Actuary promises you job security even during economic uncertainty as their expertise is always required for umpteen risks that corporations face. The ongoing COVID-19 crisis has given a fillip to risk management and mitigation skills and promises a secure future for Actuaries.

Is actuary the right career for me?

The short answer: If you’re looking for a career that will challenge you and allow you to use your mathematical expertise on a daily basis, then becoming an actuary is a viable choice for you.

Why do I want to be an actuary?

Most actuaries really enjoy their work and are proud of what they do. It’s an all-rounded profession as it offers good employment prospects, job security, growth opportunity and salary benefits. Besides being a top-ranked profession, actuarial science is often voted one of the hardest fields to study.

What jobs can actuaries do?

Actuaries typically work on teams that often include managers and professionals in other fields, such as accounting, underwriting, and finance. Actuaries typically work on teams that often include managers and professionals in other fields, such as accounting, underwriting, and finance.

What motivates you to start actuary exams?

It’s a challenging, intellectually stimulating and rewarding career, that suits an analytical mind who enjoys problem solving.

The barriers to entry are high, but meritocratic, resulting in a degree of external recognition and prestige for having accomplished it.