Thank you Brea, this is one of the most informative videos on actuarial science I've seen.
@EtchedActuarial3 жыл бұрын
Yay! :D That makes me so happy to hear!
@zionyoung47803 жыл бұрын
Thank you Brea! I used your Etched Actuarial study schedule when I first began studying. It really helped me learn how to build my own rythm! Well done and keep helping us young aspiring actuaries!
@EtchedActuarial3 жыл бұрын
So happy to hear that Zion! That's the goal!
@daanialahmad17593 жыл бұрын
Thank you Brea for continuously keeping Aspiring Actuaries motivated.
@EtchedActuarial3 жыл бұрын
So glad you watched, Daanial! :D
@daanialahmad17593 жыл бұрын
@@EtchedActuarial Your videos are always very nice, informative and motivating. Your hard work could be seen in all your videos. Thank you so much Brea!
@moabi41583 жыл бұрын
Damn, this is not what I was expecting in terms of salaries made, but thanks for the insight really helps out
@EtchedActuarial3 жыл бұрын
There's still lots of opportunity to go further!
@yuqiuwei99973 жыл бұрын
As a candidate pursuing FSA but working in Japan, I got zero support (both financially or paid study leaves) from my company, and the actuarial salary here is way more lower than in the US or Canada.
@くまの味噌汁Ай бұрын
How are you doing now? As a Japanese American I was hoping to do something similar, so I’d love to hear your insights!
@candidlyvivian3 жыл бұрын
Hey Brea! Love your transparency in this video and your journey is really inspiring! I'm a small KZbinr and data scientist so I completely relate to things you said :)
@SayyidEditz3 жыл бұрын
I still have a couple of years after ehcih I'll attempt my Actuarial exams but your videos help me keep informed and stay motivated all this time.
@PaulMoorshead3 жыл бұрын
Wow - you show amazing energy throughout the video!
@EtchedActuarial3 жыл бұрын
Thanks Paul!
@jschompzy80173 жыл бұрын
This is so helpful, I've been so worried about how I would integrate into the actuarial field
@EtchedActuarial3 жыл бұрын
Glad you found it helpful!
@pikapikachu94923 жыл бұрын
I thought you can only take the actuarial exams after you graduate lol thanks so much. I am planning to become an actuarial and make enough money to pursue my passion.
@Sara-ct8xe11 ай бұрын
Thank you very much. You're perfect. And your information were great. ❤😊 i am applying for phd in actuarial science. But i love to become an actuary
@EtchedActuarial11 ай бұрын
Thank you so much for your sweet words! It's awesome that you're diving into the world of actuarial science and aiming for a Ph.D. That's some serious dedication! If you ever need tips, insights, or just want to geek out about all things actuarial, you know where to find me. Best of luck on your PhD journey and the exciting road to becoming an actuary!
@kyle.p3 жыл бұрын
As always, it was truly helpful and aspiring. Thanks a lot :)
@EtchedActuarial3 жыл бұрын
You're very welcome, Kyle! Glad it helped :D
@manonaboat8515 Жыл бұрын
Being an actuary sucks. 3 exams on my belt, when you look at the salary it seems decent but when you actually count the hours spent working it turns out to be $26-$32/hr. I’m leaving the profession soon
@EtchedActuarial Жыл бұрын
I get where you're coming from after passing three actuarial exams. While fully qualified actuaries can make good money, it really depends on how you define "good money." Consider the time and effort invested, compare it to average salaries, and explore similar job options. If the actuarial path doesn't meet your expectations, you may be right that it might be time to explore other careers that align better with your goals and happiness. Your well-being matters most, so choose a path that suits you best. 😊
@hansgulbranson950611 ай бұрын
This is crazy because in my first year as an actuary with 2 exams passed, I'm making 76,500.
@EtchedActuarial11 ай бұрын
That's awesome progress with 2 exams under your belt! Making $76,500 in your first year? That's great! Do you mind me asking when you started working as an actuary?
@hansgulbranson950611 ай бұрын
@@EtchedActuarial I started in August. I was a teacher before this and studied for the exams while I was teaching.
@baanhtruong9343 жыл бұрын
Thank you for the video, Ms.!
@EtchedActuarial3 жыл бұрын
You're so welcome!
@Todd.T3 жыл бұрын
So when my buddy says his kid is going to make 200K when he graduates, he might be a bit off.
@Tamar55943 жыл бұрын
Starting pay is much higher now BUT not 200k high.
@nicmalugin-dm9ju7 ай бұрын
Depends where and when he’s gonna graduate, if he’s gonna graduate in 10 years the inflation and rising salary might buff up the salary
@Todd.T7 ай бұрын
@@nicmalugin-dm9ju I don't see the job as a necessity because it is a financial one. Any financial position that involves you asessing information and making decisions based on laws can be automated. Just like a tax preparer, there is no reason why I can't get my tax information with a QR code and have a computer scan it, put the information in the appropriate boxes and spit out a result. Good luck to the job even being there in a few years, I guess.
@angy_g2 жыл бұрын
I’m surprised with the first salaries. I thought in USA you earn more money in the beginning of your career. Here in Spain if you just finished a master of it you earn 30-35k euros per year in insurance companies or 20-24k (every year there is a salary increase around 3-5k) in big4
@EtchedActuarial2 жыл бұрын
Oh wow! Interesting to hear what the salaries are like in other countries, thank you for sharing!
@justintime73512 жыл бұрын
Those first years she was still in college. She graduated 2013, and that's just from.bachelors
@nicmalugin-dm9ju7 ай бұрын
She’s in Canada or atleast the dollars were Canadian
@SmokingwithBush3 жыл бұрын
Another great one. Thanks, Brea
@EtchedActuarial3 жыл бұрын
You're welcome!
@aleckaral18453 жыл бұрын
This is a great vid, and I’m not throwing any shade but I feel like you stayed on the lower side of the average incomes. I’ve seen some salary graphs for actuaries showing that 5 exams passed has an average salary of over 100k. I also have a cousin that is 27 and has 8 exams passed, and she is making close to 180k in Boston. Do you feel like you missed out on some possible salary somewhere along the way?
@ryanp41333 жыл бұрын
Canadian salaries and American salaries are not comparable. The actuarial field is way more competitive in Canada which drives down salaries. Also Boston has a very high cost of living.
@EtchedActuarial3 жыл бұрын
Possibly! My area has a large supply of entry-level actuaries (I'm right near a bunch of great actuarial schools). So maybe that had something to do with it.
@aleksflores90163 жыл бұрын
Thanks for showing us how to progress in this interesting path Brea 👌🤩
@deangulberry18766 ай бұрын
These exams are extremely difficult. They cost hundreds of dollars just to take one. Hundreds more for study material. With zero guarantee of getting hired.
@404TRUCKERTV2 жыл бұрын
Omg, girl you killed it. Put Accountants and CPAs to shame.😆🤣😂👏
@EtchedActuarial2 жыл бұрын
😂😂
@rutu10112 жыл бұрын
While this video is very informative, my two cents are that people do need to take inflation in account. For example, I have only passed four exams so far and yet I make at least 10% more than what you reported for 2018. Partly because I have a vast experience in data analysis and I was working as a data analyst long before switching to actuarial science my undergrad degree is in computer science. But what I’m getting to here is that depending upon the organization you work for, actuarial analysts do tend to make higher salaries than regular data analyst regardless of exam status.
@EtchedActuarial2 жыл бұрын
Thanks for sharing your insights, Rutu! :)
@mohamedabdielmi50533 жыл бұрын
IAM ACTURIAL SCIENCE STUDENTS FIRST YEAR at kenya .You really give me relevant information .I will be connected to you
@etchedactuarialinc49293 жыл бұрын
Glad to hear it helped Mohamed!
@bigboldbicycleАй бұрын
9:35 "I just felt more drawn to the money available on KZbin and the creative process" which is not a bad thing, but be honest to yourself and everyone.
@EtchedActuarialАй бұрын
Honestly, I really struggled on my own actuarial journey, and just wanted to provide support to others who were going through the same thing. Helping future actuaries truly is my passion project! I understand your skepticism, but I hope this clears things up :)
@aary87163 жыл бұрын
So what's your profession now????
@CarsonRay-u9e6 ай бұрын
Am learning a lot.
@EtchedActuarial6 ай бұрын
Happy to help!
@nickkatsa37792 жыл бұрын
If someone has a bachelor in math (4 year studies ) , a master in actuarial science from the university of Manchester and has passed 2-3 exams passed his monthly paycheck will be ? Let’s say over 12000 , what his salary would be ?
@EtchedActuarial2 жыл бұрын
Hey there! It's hard to say exactly how much you'd make with those credentials, since it depends more on what area of the actuarial field you go into! I'd check out these salary surveys for more info: www.dwsimpson.com/about/salary-survey/
@g07denslicer3 жыл бұрын
Wait, you doubled your salary working in the same company in the span of 4 years? How?
@EtchedActuarial3 жыл бұрын
Passing actuarial exams, getting associateship, annual raises, bonuses. You get raises for passing exams and achieving other actuarial milestones. As I passed more exams, my seniority increased too which also resulted in raises.
@clerrysam1 Жыл бұрын
Impressive! Any guide on where I can learn VBA for life without being in an insurance job?
@EtchedActuarial Жыл бұрын
We do have VBA courses and projects in the Actuary Accelerator Community that you could use. Then you could look for stepping stone positions that allow you to use this skill while also gaining other relevant experience. You'd be surprised how much VBA can be used in the workplace!
@kartikkulkarni31383 жыл бұрын
Hey Brea, great video. It was really helpful👍. I just wanted to whether you were in a Co-op program in University of Waterloo? If yes, how do you think the Co-op helped you with the Actuarial internships? Did it help you find internships in jobs you wanted?
@EtchedActuarial3 жыл бұрын
Hey Kartik! You can learn more about my Waterloo experience in this video kzbin.info/www/bejne/nmeXZ2loi9etqLc And here's one all about internships kzbin.info/www/bejne/r6Onqoyij6eLgM0
@justhereforfun343 жыл бұрын
Apart from passing exams, did your role/responsibility change throughout the years when you had your full-time job?
@EtchedActuarial3 жыл бұрын
I was in the same position for the majority of the time while I was in a full time role. I wouldn't say that my responsibilities changed drastically, however as I gained more experience, I was able to contribute and problem solve more independently. I was also able to make more suggestions and produced higher quality work.
@zainaltaf47523 жыл бұрын
Great vid very informative for those looking to get into this field. Sorry for being cheeky in advance but is this ur annual salary or monthly...
@EtchedActuarial3 жыл бұрын
The video shows the annual amount!
@zainaltaf47523 жыл бұрын
@@EtchedActuarial that's great but I thought actuaries were the highest paid people in world but my brother he's earning more than $300k per annum and he a medical consultant.
@haleyadamic3 жыл бұрын
@@zainaltaf4752 you've been misinformed.
@ACTUARY-s4t10 күн бұрын
Hello Brea , I am at the verge of finishing my Bachelors in Actuarial Science . I am planning to start the IFOA exams , please advise me about that , which ones are the best exams to undertake ?
@EtchedActuarial9 күн бұрын
That’s an exciting milestone-congrats on almost finishing your degree! For IFOA exams, starting with CS1 (Actuarial Statistics) and CM1 (Actuarial Mathematics) is a great choice since they cover core skills you’ll need as an actuary. It’s also smart to focus on the ones that align with topics you’ve studied recently. Good luck, and feel free to ask if you need more guidance!
@ACTUARY-s4t6 күн бұрын
@@EtchedActuarial wow , thanks for the feedback God bless you! So , is IFOA recognized world wide?
@throughmyeyeshere Жыл бұрын
Hi Brea, are the numbers gross pay or net pay?
@jessicazhang65083 жыл бұрын
🥳 Thankks
@EtchedActuarial3 жыл бұрын
You're welcome Jessica!
@alexpalmer792 жыл бұрын
yknow what that was a ninja tip 👍
@khunpark34683 жыл бұрын
Thank you so much for this information . Can I ask about the opportunity for the foreigner to work in Canada?
@EtchedActuarial3 жыл бұрын
Hey Candy, you can take a look at the steps in this video kzbin.info/www/bejne/iXnbnXygfJunq80 The steps would be similar for foreigners except you'd likely need to have a stronger application and really show how you'll be a good fit.
@khunpark34683 жыл бұрын
@@EtchedActuarial Thank you so much😍😍
@smitmistry87283 жыл бұрын
Pls make videos related to UK/Indian Context !!
@EtchedActuarial3 жыл бұрын
Hey there! Unforunately I'm not too familiar with the actuarial process over there.
@brightmulenga113411 ай бұрын
Hi, I am a degree holder in the Bsc in Economics and Finance and diploma in Accounting . Do you think doing a Msc in Actuarial Science would be a great route especially if I want to go into data science or pension fund management
@EtchedActuarial11 ай бұрын
Hi! I actually don't recommend getting a Master's in Actuarial Science. I'd recommend getting relevant experience and working on passing the exams instead. I hope this helps!
@brightmulenga113411 ай бұрын
@@EtchedActuarial you mean like the actuarial science board exams ?
@olufemisamuelbankole21973 жыл бұрын
Is the money you made net of tax or tax inclusive? Was it USD or CAD you made money in?
@jucadimo7623 жыл бұрын
She said that's what she reported on her income tax, so it must be before tax. CAD.
@EtchedActuarial3 жыл бұрын
@@jucadimo762 Yuppers!
@Eduardo-cr8ri2 жыл бұрын
These figures aren't adjusted for inflation, are they?
@EtchedActuarial2 жыл бұрын
No, these are the amounts I made at the time!
@maryb34283 жыл бұрын
Thank you for this video! Is this in USD?
@jucadimo7623 жыл бұрын
No. If you look at the Y axis of the graph she used, it says Canadian $. Right now 1 USD equals 1.257 CAD.
@maryb34283 жыл бұрын
Thank you!
@AntoniWroblewski782 жыл бұрын
Why were the incomes not converted to real dollars?
@nicmalugin-dm9ju7 ай бұрын
It was in CAD, USD is 73% of the value of CAD and with inflation it’s and wage differences you can expect similar numbers if not greater
@jedidjaeliafre38132 жыл бұрын
Did you dislocate in order to commit with each internship??
@EtchedActuarial2 жыл бұрын
Haha nope! :) I was really lucky to have a lot of internship options during school, and it definitely helps to start with a non-actuarial one to increase your chances with an actuarial internship later!
@SantoshSharma-qz9cy3 жыл бұрын
Well i wanna know that these salaries are based on monthly or yearly?
@EtchedActuarial3 жыл бұрын
Yearly
@UniquelyMe273 жыл бұрын
will you continue to take exams to become a fellow?
@EtchedActuarial3 жыл бұрын
I don't have plans for that right now, because I'm focused on helping aspiring actuaries. But it's definitely possible in the future!
@bo_10933 жыл бұрын
I have a question I want to do Bsc in Applied Mathematics in USA and then want to become an Actuary how should i do it from Undergrad can you help?
@kemar65793 жыл бұрын
timely
@49riffinator3 жыл бұрын
How did you go from 72.5K to 97.3K from 2016 to 2017? You already got your ASA the year prior right?
@pauloznarf3 жыл бұрын
It looks like she got credentialed in 2016 but the full salary bump was reflected in the year after. Probably she didnt got her ASA at the very beginning of 16 and also it took some time for the company to adjust her salary. Thats what I would assume based on the video info.
@49riffinator3 жыл бұрын
@@pauloznarf yeah that makew sense, just re watched that part after your comment
@Pragyamalik273 жыл бұрын
Is it easy for an average student?☹️
@EtchedActuarial3 жыл бұрын
Becoming an actuary is definitely not easy! It's a long process with all the exams, but it can also be a very rewarding career if it's the right fit for you. Learn more about whether it's suitable for you here kzbin.info/www/bejne/d3TCZZSXrZ2ifKM&
@blveflame3 жыл бұрын
Motivation is the key to everything.
@cloudy9bro Жыл бұрын
Are these figures per year or per month
@nicmalugin-dm9ju7 ай бұрын
It seems like it’s definetly per year since making 105k per year at an internship would be absolutely mad
@prof.g51403 жыл бұрын
Is this USD or CAD?
@EtchedActuarial3 жыл бұрын
It's CAD
@danielmarin52913 жыл бұрын
Do you need an Actuarial Bachelors Degree to become an Actuary? I have a Bachelors Degree in Marketing
@k3vinz_3 жыл бұрын
no you don't, you can have any type of bachelors degree and still become an actuary. There are people who have become actuaries with liberal arts degrees, having an actuarial science degree, math or any other quantitative degree does help but it is not a requirement.
@EtchedActuarial3 жыл бұрын
No you don't need an Actuarial science degree. A more math-heavy degree will make it easier to pass exams, generally. But it's still possible to become an actuary with a marketing degree. I explain more in this video about what actuarial employers look for in great candidates: kzbin.info/www/bejne/r6u0ZoGdqM11irc
@gitarman6662 жыл бұрын
Sexual bias in the field? I guess there sexual is bias in every field
@allstarmark123453 жыл бұрын
Gosh just show the chart!
@adventure47162 жыл бұрын
you're gorgeous, How old are you??
@juliancupillari82432 жыл бұрын
Shit, this is not a lot of money… I thought you made more than that as an actuary
@EtchedActuarial2 жыл бұрын
Hi Julian! There's definitely an opportunity to earn a lot more than me if you go on to become an FSA. You can check out this article for more salary info: etchedactuarial.com/actuary-salary-analysis
@mohamedabdielmi50533 жыл бұрын
Please I need your guidance .where should I get you .socal media