Is Actuary Your Best Career Choice? Comparing Multiple Careers

[@EtchedActuarial]

What's one thing you think sets them apart? 🤔 Share your thoughts!

[@evoniamaenetja8505]

its worldwide recognize , you can work any country in the world, most big 4 ,accelerate to registered auditor

[@LaunchB]

I love your videos so much. They are so helpful. I wanted to get into these fields from a different career area after realizing I really enjoy this type of work. This helps me to see other areas out there that can help me transition. Also seeing how they are different helps me to really see where my goals align. Thank you so much for making the videos you do!

[@EtchedActuarial]

You're welcome! I'm happy my video helps. 😊

[@aspen950]

This is a video I’ve been needing. I’m 25yo and at a crossroads on how to move forward after getting laid off. I have a bachelors in math CS and a masters in education (teaching credential in math) and I want to utilize my math degree in my next career step. I’m just daunted by the long journey that becoming an actuary requires, I failed my teaching credential twice before pass rates and it was so demoralizing. I don’t know where the strength and willpower to complete 7-10 exams with 40% passages comes from or if I have what it takes to do that

[@EtchedActuarial]

I’m really sorry to hear about your struggles, but it’s great that you’re thinking about using your math degree in a new way. The actuarial path can be tough, but your background in math and education shows you have strong analytical and problem-solving skills. Take it one step at a time, and remember that many people have faced challenges and succeeded. Breaking down the exams into smaller goals can make it feel more manageable. You’ve already shown resilience, and that’s a key asset in this field. Keep pushing forward-you’ve got this!

[@utd9914]

CFA stands for chartered financial analyst

[@EtchedActuarial]

You're right. My bad. I was thinking CPA when I said that.

[@jameslafleur5364]

Now I’m not sure now if I want to be an actuary or a data scientist…

[@EtchedActuarial]

It's better to feel unsure before you start rather than further down the road! :) Take a look at some day-in-the-life videos for both actuaries and data scientists, and learn more about what they do on the job. That might help you choose what you would truly enjoy more! Here's a playlist of my day-in-the-life videos to help you get started: kzbin.info/aero/PLCfG93WTnK0r6fNF2SGkPjZocIOXEiZHg&feature=shared

[@philosophyoftrucking]

All you need to get work as a quant is a crystal ball.

[@EtchedActuarial]

Hahaha! I get where you're coming from, but I'd say it's more about having strong math and data skills than predicting the future. In actuarial science, like quant roles, understanding risks and using models is key, but it's all based on solid analysis and logic. 😁

[@qwispss9154]

Hi! I'm really interested in trying to pursuit a career in actuary, however I have no past experience. I did maths when I was at school but never took it further, and I am currently in university in a completely different field (BSc Archaeology lol). With that being said, I am determined, so do you have any recommendations for textbooks, websites, youtube channels etc that could help me create a solid foundational maths and stats knowledge? I realise this is a big ask but your videos are really helpful!

[@EtchedActuarial]

Absolutely, I get where you're coming from! It's great that you're determined to make the switch. Since you're starting from scratch, I'd recommend starting with basic textbooks like "Mathematics for Actuarial Students" by Harry Freeman and "A First Course in Probability" by Sheldon Ross. 😊👍

[@michaelmines9585]

I’m a long time educator with a psychology degree that’s done life and health insurance for 2.5 years and am now a Medicare advisor full time at All State. Want to stay in this industry but not in sales forever and have a strong desire/aptitude for data science or actuarial science. Just found your channel right now. Is it too late to make the transition having passed my mid 40s?

[@EtchedActuarial]

It sounds like you have a diverse background and a strong foundation to build on! It's never too late to transition into actuarial field, especially with your aptitude for data science. Many successful actuaries start later in life. Consider starting with the preliminary exams, and look into courses or certifications that can help bridge any knowledge gaps. Your experience in insurance and advising will definitely be an asset. Good luck on your journey!

[@evoniamaenetja8505]

No it's 7 years to become charactered accountant in SA, recognize the whole world,

[@shrawanbiswas8697]

*Chartered

[@natik2136]

Just some advice: take a breath more often and slow down, please. You sound exasperated. Your voice is breaking and you sound like youre trying to set a record. It's hard to listen for more than 5 minutes. Also, background noise is distracting. Not sure you're using a mic. It's very echo-y and you sound like you're speaking at the top of your speaking voice. I don't mean to be mean but you provide great information but it's not pleasant to sit through.

[@EtchedActuarial]

Thank you for the feedback! I appreciate your honesty and will take this into consideration for future videos 😊