Download Actuaries' Survival Guide: How to Succeed in One of the Most by Fred Szabo PDF

By Fred Szabo

ISBN-10: 0126801460

ISBN-13: 9780126801460

This particular ebook is a advisor for college kids and graduates of arithmetic, facts, economics, finance, and different number-based disciplines considering a occupation in actuarial technology. Given the excellent diversity of the situations which are analyzed within the publication, the Actuaries' Survival advisor can function a spouse to current learn fabric for all classes designed to organize scholars for actuarial examinations. * according to the curricula and examinations of the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS) * provides an summary of occupation strategies and information on employment in numerous industries * offers a hyperlink among idea and perform; is helping readers achieve the qualitative and quantitative talents and data required to achieve actuarial checks * comprises insights from over 50 actuaries and actuarial scholars * Written by means of Fred Szabo, who has directed the actuarial co-op software at Concordia collage for over ten years

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Extra resources for Actuaries' Survival Guide: How to Succeed in One of the Most Desirable Professions

Sample text

They are expected to be able to lead small to medium-sized projects through all the steps and train junior employees. Typical tasks included the preparation of reports, peer review of calculations and programs. Salary ranges vary by province, city, and country. In Montreal, salaries range from $28,500 to $35,000 USD, depending on the number of actuarial exams, company size, etc. Answer Assistant actuaries (first level after becoming an FSA) should be able to write technical memos presenting assumptions, data, discussions and conclusions for an audience of actuaries.

Answer Their activities include the delegating of work to junior staff, checking their work, and dealing with clients. Answer Same as for entry-level positions. Salaries range from $50,000 to $125,000 USD. 4 Typical Projects 33 Typical Career Paths Q What are typical SOA and CAS career paths and where should successful actuaries or actuarial students be at age 20, 25, 30, 35, 40, 45 in (a) SOA, (b) CAS? Answer At 20: At school. At 25: Junior consultant. At 30: Pre-senior consultant. At 35: Senior consultant.

Almost Fellow At 30, actuaries have typically been exposed to various aspects of the actuarial profession and have expanded their experience to pricing and reserving different lines of insurance. They also have analysts reporting to them and should be close to obtaining their Fellowship (if not done already). Vice-President By 35, actuaries should definitely have their Fellowship and be in a management position (either as a senior consultant in a consulting firm or a VicePresident, or Assistant Vice-President, in an insurance company).

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