MY NEW JOB Q&A | salary, location, actuaries, study days & more

Follow me on instagram: @_paige_y
/ _paige_y
If you are a dog-lover, follow Buster on instagram: @_buster_y
/ _buster_y
About me:
My name's Paige and I have recently graduated with a BA degree in Natural Sciences from the University of Cambridge. I attended Jesus College and made regular vlogs of my day to day life at uni, including lectures, supervisions, and social activities. Next step: full time job!

[@thesevenstudent]

I love how you talked about everything, including your salary. Most KZbinrs aren’t that transparent so it is appreciated, thank you!!! :)

[@Drannn54]

Are you Cambridge Student?

[@thesevenstudent]

The NORTH I wish! Might apply next year, if I don’t apply to Oxford!

[@Drannn54]

David Calleja so you are high school student?

[@Beebo]

20:53 Salary

[@noonelikesmycomment3891]

Thank you

[@maverick6978]

@@noonelikesmycomment3891 thanks very boring job role

[@mikemer79]

Its very low in uk

[@johnmission586]

@@mikemer79 are you mad? 32k for a starting salary is amazing

[@LEKIPE1]

@@johnmission586 yes besides she doesnt have a master degree, she did 3 years in university. Besides she's located in the UK. It's like 3000 euros per month, which is excellent.

[@simbarella15]

My Dad is an actuary, & I very rarely hear anyone talking about the specifics of the profession (I’m never able to explain it haha) - wishing you all the very best in this new chapter! Good luck 👏🏻

[@crazytzefyr7089]

Same lol

[@azzanzahid293]

I am currently studying actuary in Canada.

[@darylryanchong9099]

I love how you talked about the details of the job rather than just a general overview like other people! It's really interesting and nice to listen to :)

[@isaacopiyo9465]

You unleash genuine charisma when you speak. As an Actuarial Science student, I am greatly inspired. Honestly, there is no much KZbin channel related to actuarial industry and it is thrilling to see you pushing the knowledge of who an Actuary is forward.

[@Lavinia-fc7fs]

"The university is as much about enjoining yourself and learning something exciting." Paige! I totally agree with you.

[@juliaeverett1266]

omg i've just graduated as well, don't think i'll be making that salary for a few years. this is what i get for not enjoying maths and science enough to pursue past GCSE!! well done paige!!

[@natalieoates520]

For some careers and degrees, such as ones in law, it's not compulsory to take science and maths past gcse...

[@juliaeverett1266]

@@natalieoates520 lawyers (especially criminal lawyers) don't always make as much initially as you'd think! but yeah of course one could get a well paying job in the humanities and social sciences, I'd just genuinely be an awful lawyer 😂

[@natalieoates520]

@@juliaeverett1266 I do agree that some lawyers make quite a small amount of money to start off with, but it's not always about the starting salary. In fact, i don't think it really matters about the salary (as long as you have enough to live on), it's about if you enjoy the job or not.

[@juliaeverett1266]

@@natalieoates520 very true! totally agree. 30k would be nice though 😂

[@rayenhovinga1213]

goo actuary paige!! will be supporting you! just came across your channel a week ago, and ive learnt so much about productivity, and knowing social and work life balance is important. im so glad for you that you landed a job that you enjoy, and i look forward to more to come!! 💓 have a good day paige!

[@piafleig]

I find it so interesting to hear about your future career! Especially since it’s so different to mine (currently in med school, planning on going into psychosomatics), it’s fascinating to me to learn about other people’s careers. Good luck with your new job, I know it’s especially difficult right now, so all the best! :)

[@starreid9712]

All of her videos are so useful to so many people in higher education and going into the workplace. I always feel so inspired by her videos. I am going into year 10 and videos like this really make me think I can do well ❤️❤️

[@efthymiosn3381]

That is really eye opening for a young adult like me, who has no idea about insurance. Thank you Paige

[@my7314]

Good luck. Working for home is okay, make sure to book in ‘coffee’ meetings so you can informal catch ups with colleagues as well

[@WooHooCelery]

I’m sure you’ve already considered this and have plans in place but save as much money as you can while staying with your parents (assuming you’re paying less in rent to your parents than you would in a private rental). Still enjoy your earnings of course but it’s always good to have a small fund building up even if you have no immediate plans for it.

[@ameliadinsdale2942]

Your new job sounds really interesting, I've never really been THAT interested in things like that (admittedly I hadn't really heard of it or researched the field) so I'm learning new things from you every week! :)

[@sophiemayeveryday]

As a masters grad I almost choked when you said your starting salary. Congrats!

[@Louis-qo7tf]

she did Cambridge uni that's why

[@manvesh97]

@@Louis-qo7tf that's not why, every grad on the same programme would earn the same and they would have come from a range of different unis

[@Louis-qo7tf]

YvesApollo not true, they try to attract the oxbridge graduate by giving them the best salaries, thats why a oxbridge graduate in average earn more in his first job then other less prestigious uni

[@Louis-qo7tf]

YvesApollo I’m from france and for example a company will be ok to give more salary to an HEC graduate then an other. Just because they want the best from the best.

[@seonaideadie5049]

That isn’t true for a starting graduate job in the UK. Every graduate scheme has a baseline salary to start with, the only variation is within location (you’re paid more in London than in Manchester for example). After gaining qualifications you can then apply for a more competitive rate taking into consideration your qualifications and contribution to the company. As someone who went to an oxbridge level university in the UK, a lot of the well-paid university graduates go into family businesses or get jobs through family connections. Not many are as well paid as you may think - many are also unemployed. Just because you have oxbridge title doesn’t guarantee anything.

[@stringsandtheory9750]

Good luck Paige! As someone in theoretical physics I can understand your decision to choose a job outside of academia where you still have the opportunity to use your analytical skills :)

[@jonsmith8582]

Great starting salary ! Most new graduates could only dream of getting that ( and sadly some will never get that sort of salary ? ) good to see all that hard work at Uni paying off , good luck in the new job

[@f4game]

Really? In Germany that salary would be very low. In my case i got nearly two times more...and I didn't have to pay that much money for uni (just 300€ per semester). So why should I go to these "top unis"? Makes no sense... You can even get a better salary with less effort in time and money...

[@jonsmith8582]

@@f4game Sadly a lot of graduates don't get anything like that , some won't even earn enough to pay off their student loans , a university education is only good when you have a definite career goal , go to any coffee shop in the UK and you can be pretty sure some of the staff are graduates who can't get a job in their field of learning and sadly most never will .

[@f4game]

@@jonsmith8582 ah ok, didn't know that. Then I'm glad to live in Germany. When you study sth like Paige there you will get a job (maybe with a little delay at the moment). But I studied lightweight structures (field of mechanical engineering) and in spite of Corona luckily I got a job...

[@jonsmith8582]

@@f4game A lot of University courses are very poorly career focused , art history , media studies, archaeology , sports science ? good luck with making a career from subjects like that . UK universities are set up on a business basis with the sole aim of making as much money from students as possible, with little regard to any real world application

[@f4game]

@Nicky L But here it will rise as well. At first you are classified by your level of degree (bachelor, master...). Lets say you start at level 12 and when you have 1-2 years work experience you are level 13. Then you will get more responsibility (level 14) and at some time you are out of any levels. Then you have to hammer out a deal by your own. But your right, it depends on your taking home money. Hows the tax situation for her in UK? In Germany she has to pay round about 40 percent taxes (as a single and health insurance and pension included)

[@lekshmi_ind]

Wish you all the best , Paige..have a successful career ahead!💗

[@jamesoakes4842]

I'm in the process of studying to be an actuary as a career change. I think the thing that most attracted me to the actuarial profession is that it seems to be very meritocratic. For the most part, it really just seems about whether you can prove your ability to do the job by passing the exams. When I went to a career fair for my University, they told me the valedictorian tried to apply and they couldn't even take his resume because he hadn't passed any of the exams yet. Pass the tests, get the job. Pass more tests, get a raise. Once you're an actuarial fellow, you basically have guaranteed employment in your field as long as you want. It seems like a great deal for anyone that's smart, but is stuck getting jerked around at the bottom.

[@Mackintosh94]

Good luck! Sounds like there are a lot of similarities between this grad scheme and accounting grad schemes, although obviously two very different careers! I’ve just finished all my professional accounting exams and it will be really hard work studying and working full time but it’s so so worth it at the end of it. This may end up being one of the best decisions you’ve made 🤩

[@moonaa7354]

It's so nice to see a young woman thriving! It's so inspiring!

[@mariastart8804]

Edit: thanks for the info guys, that's enough things to ponder :') whaaat, since when is it normal to pay rent to your parents for allowing you to live with them just like you did all these years? is this common in the UK or in other countries? here in Greeece, especially since the crisis, it's quite common for people to live with their parents until their mid20s/30s (perhaps only contributing minor costs to the household since unemployment is quite prominent in young people). I don't think anyone's parents would accept money for "rent" here. Just curious about the housing situation elsewhere xx

[@bubbacalling]

Maria Start it’s not normal to live with your parents into your 20s and 30s in the UK. If you do, it’s up to the parents whether you pay rent or not. Personally I don’t really agree with it unless the parents really need the money, but that’s my opinion.

[@mariastart8804]

@@bubbacalling yes, i think that living alone and becoming independent should come as early as possible. however it strikes me as a bit cold to ask for money from your family (ie your child!)because they are sharing your roof just like they've always had. no judgment though since everyone's circumstances are different!

[@theblinkarmy1656]

So true though like I am Asian and it's very normal for kids to stay with their parents , they never leave , if you got a job and need to move to New place your parents and siblings move out with you , like who would take care of parents in old age if you leave them behind ,I know in other parts of world living alone is part of adulting but at least in Asia living with your family is part of culture , it's your responsibility as a child to always stay near them cuz they might need you help

[@mariastart8804]

@@theblinkarmy1656 it's very interesting how these things such as family and housing situations that we take for granted vary so much across different cultures!

[@tati6213]

I saw that Holly Gabrielle does the same thing. In my country (Brazil) it's not common at all, a lot of people live with their parents until they get married. This helps them saving money when they get to live on their own, housing is really expensive. But of course, if you have a job your parents won't pay for personal things anymore, such as clothes, restaurants, new phones etc.

[@fredjones5175]

My neighbour is an actuary, always wandered what she did. I'm sure you'll do well in your career as you have so much energy and enthusiasm. I wish I had half as much.

[@crystaljohns4163]

Hello what is your neighbor's lifestyle like as an actuary ?

[@shiyizhang8754]

You are such an inspiration! I’m applying for uni and planning for my future now and you really inspire me to be accountable for my future and follow my passion.

[@fernandokg]

How nice! I feel that I was by your side all through your grad school! I wish you all the success in the world! Cheers from Brazil!

[@ingridsantos1799]

Paige, you're such an inspiration for me to study hard, so thank u so much for making these videos, btw you're so positive, this inspires me too! 💕💕

[@carafentyyy2117]

you are so positive about life and everything you do ! and you always smile! i love it:)

[@proinksys5260]

Good luck Paige! You keep me inspiring everyday, watching your videos motivates me to work hard. I really wish I can see more of your videos in the future and I'll be waiting till then. Thanks for your effort to make the videos look fantastic!

[@56dragonfly]

best of luck with your new job and this new chapter in your life! looking so forward to seeing all the wonderful new opportunities and experiences this will bring you! ☺️❤️

[@ixchelreq]

Wow, you did a great job describing what actuaries do! I’m in P&C pricing in the US, and one thing I do want to note is that pricing isn’t all about number crunching! There is actually quite a bit that goes into pricing, and it’s fun to figure out which rating variables are driving up losses for the insurance company and how to go about fixing these issues. I hope you got comfortable with coding from your uni project since actuaries do a lot of coding (Excel VBA, R, Python, SQL)! 😂

[@paulclarke249]

You are always bubbly and enthusiastic! I love that!

[@RumitheMathperson]

I love this!! So glad I ran into your account. You actually inspired me to become an actuary and now I make videos for people preparing to write exams for society of actuary!!

[@Neha-fd9go]

Congratulations Paige! I hope it goes well💕 lots of love from Notts xx

[@naveenaeliza2975]

Thank you Paige , for being such an inspiration in my life. I love you🥰. Can u plz do a video on making revision time table and planning to get ahead of work and studies?

[@franciscaantao3103]

Hi Paige! I’m doing my masters in applied mathematics in Portugal and on my second semester I will be doing my internship. One of my possibilities is an actuary internship so I couldnt be more excited to learn more about it with your experience. Wishing you all the best 🍀☺️

[@mediumoscar]

Congratulations on your new job! I have decided to pursue a career as an actuary as well. I can't wait to follow your journey. I have been subscribing to all the KZbinrs who talk about this field. I just subscribed to your channel, thank you for the great content.

[@lighterlikeafeather]

Nice to learn about this! Good luck on your new job Paige 😊😊

[@pasinsaelim5800]

This is the first video of your channel I've watched since am a Thai guy, who is looking forward to applying to a B.Sc. Actuarial Science in a certain university. I personally think you look so British, assuming by your accent. And all of your question replies are so helpful, all of which make me understand more clearly about what I am gonna face after graduation. thank you!!! :)

[@moriasanz3171]

We need more young people like you in this world! People that want to study and work to make a difference and give to the society not just take. Congratulations! 😊

[@jacobstokes7611]

I'm about to start studying for an actuarial science Bsc in the UK and its so true no one knows what an actuary is! Videos like this are needed more! Good content!

[@hndlovu5927]

Jacob Stokes ooooo where you studying I’m studying that exact degree

[@jacobstokes7611]

@@hndlovu5927 uni of leicester wbu?

[@hndlovu5927]

Jacob Stokes York All the Best !

[@jacobstokes7611]

@@hndlovu5927 sweet good luck!

[@Jenny-zz8uc]

Woah, I'm doing a double degree in actuarial science and English....it's awesome that one of my favorite KZbinrs is becoming an actuary

[@lururu]

I'm applying to jobs and some of them are to be an actuarial trainee and this video was pretty helpful to me tbh!!

[@juliainnes9541]

I am sure you will do amazing! You’ll go far in anything you put your mind to! Look forward to the future videos!!!

[@upasanadey467]

Thank you 😊 Paige for motivating me to study hard in university. I landed my first job last week and will start next year. All the best 👍 for your new position and life ahead. Lot's of love ❤️ from India.

[@NickCager]

30 year P&C (US) actuary here... congrats on your first job. You seem to have things well under control... have fun.

[@clarec3]

Congratulations, Paige! They are certainly lucky to have you join their team :) Good luck and enjoy!

[@elliedaisy3984]

Good luck I’m sure you’ll do great. Thanks for explaining so well and being transparent about pay after graduating 👏🏻👏🏻

[@rosepeterson3124]

You seem very excited about this job. Congratulation for you! However, I have to say that I also feel a bit sorry for you not being able to follow your dreams . I've been following your channel from the very beginnings and in one of your first videos I remember you said something about pursuing astrophysics and you ended up specialising in astoryphysics, so it would only made sense to follow this route. But I also watched your video about the decision and I understand all your reasonings, so I just hope that you're going to enjoy this path, as well and realise all your goals! And it's true that it's never late to change field (if you want to). The point is to enjoy what you're doing at the moment. And don't stop youtube :)

[@kartikgupta8218]

As a person working in the same profession, have to say I love your enthusiasm and your intellect as well as the content and the way you provide it. Can only see it going well for you. Hope to come across you someday. Cheers!

[@accretionescapee]

We love you and will stay with you

[@killua9369]

Her british accent is so elegant! I wanna speak like that 😭💔

[@NegativeAccelerate]

Same I’m Irish and hate all Irish accents😭

[@ers6764]

Putin’s Gay Twin noooo I love Irish accents

[@NegativeAccelerate]

ellie taylor aww thank you ❤️ it’s nice that some people like the accent, I just feel like I sound trashy and uneducated. My mum sent me to speech and drama to specifically get rid of my accent. She’s quite elitist and has probably instilled some of her values in me.

[@alexcrowley243]

*English accent, specifically RP. No such thing as a British accent considering mainland Britain comprises 3 different countries.

[@killua9369]

@@alexcrowley243 I am not from England but I can tell that her accent is elegant regarding the name of the accent

[@musicfortheambitious5559]

Very interesting! Thank you for doing this. So glad you've found a job that makes you happy, even if it's not directly related to astrophysics.

[@ishkar7884]

I'm so excited for job's vlogs! Good luck!

[@sid8483]

Proud of you Paige!!! All the best! Would love to be a part of your journey ahead😊

[@birdsbefooled8846]

Before watching this video I knew absolutely nothing about actuaries! Thanks for explaining it so clearly. Good luck with your new job! 😊

[@AmiAmarantaml]

I thought you studied physics! What a change in career! Good luck in your new job!

[@zgzg8423]

Good luck in ur new role !!! New job always soo exciting !!

[@patkelly656]

All the very best in your job, you'll be a great asset to the company. Keep vlogging!

[@noahx3569]

you look so happy Paige! so happy for you and good luck ☺️x

[@mahimasabberwal8924]

Congrats on your new job! Wishing you all the best :)

[@dilaraguney]

Hey Paige! I was wondering, are you the only intern from last year to start the job this year? Good luck btw! Well deserved

[@PaigeY]

Quite a lot of the interns are returning this year for graduate positions! :)

[@Ibusheridan]

Pretty good summary of an actuary's role and the main areas they work in (also reinsurance is a big area). I'm an Australian actuary working in general insurance pricing. Best of luck with the actuarial exams and congrats on your job!

[@susanhodges5288]

Best of luck Paige I am sure you will do brilliantly.

[@kenichiishirahama215]

Congratulations on your new job! I hope you enjoy it

[@lizziecallaghan4995]

The dog has an instagram, I LOVE IT 😂 and congrats on the new job again, excited to hear how it all goes! x

[@adhst]

Wishing you the best of luck in your new job! All the best :)

[@TheBeesKnees1993]

Hi Reigate from Horley! I think my Boyfriend's Brother used to work at the same company you'll be working for but at a different branch 😊 Congratulations on your new job 🎉 My Cousin is an Actuary and the exams he had to take were crazy but he's loving life now. All of this Maths stuff goes straight over my head 🤯 Science is my thing and I'm all about the Lab life.

[@happykushan]

As an actuary working overseas, I definitely recommend moving abroad (ideally once you qualify!) :)

[@pauljackson2473]

Great video👍. I love how you got into the details of actuarial science. Best of luck.

[@ninaanderson9016]

I love you enthusiasm. Good luck and congratulations!

[@irene_johnson]

Yay Paige I'm so excited for you ❤️

[@silvialogan9226]

Paige, I wish you good luck in your new job and your exams.

[@rigobertogomez25]

Loved the video... as always 😃 Wish you nothing but the best!

[@rondoflicflac]

So happy for you Paige!!!!

[@faithrineer2538]

I loved hearing you talk about the actuary profession. I'm in the US and starting to take my exams! It's interesting to hear about the process from the UK side of things. Also it's so refreshing to hear someone excited about the profession!! I've had so many people tell me that I'm going to be bored and will hate my life as an actuary and it's been really discouraging. Thanks for the video :)

[@Thebosss-gb6ns]

From how you've described the company I'm guessing its one of the big 4 (probably EY) which is the one I want to get a placement with!

[@fernandowatt7940]

Hi Paige! Coming across your video now as I'm doing an internship if life insurance consulting! Was just wondering how hard you found it converting your internship to a grad job, and if you have any tips? Thanks so much :)

[@muhamadkenzo7433]

PAIGE! 😄 some ideas! make a similar or reaction video 6 month - 1 year later after your work and see if you find any differences!

[@farahaslam9224]

I’m a teacher and that’s my starting salary too, we also have great incentives too like teacher additional responsibility pay, and even better holidays. It makes me think these companies pay far too little for someone who’s graduated oxbridge and working in RISK. 🤔

[@santiagoarce5672]

Yeah. But where do you work?

[@animay8713]

I'm an engineer but was thinking the exact same thing......

[@farahaslam9224]

@@santiagoarce5672 London

[@farahaslam9224]

@@animay8713 Yeah I know right, at the end of the day these companies will slave a new graduate away with exams atc and still make them until 6pm and get 25 days annual leave. My teacher grad salary is higher than hers, same location, 13 weeks school holidays and my days finish at 3.45-4.30pm. As a teacher, I now know how the system works in work and all schools are doing is training students up into the 9-5 grind. My teaching approach is different, I want students to broaden their horizons and explore more. Also for a Cambridge Grad, working in insurance is just yikes. I think she's far better then that tbh, and honestly as a teacher I feel she bad the wrong choice.

[@santiagoarce5672]

@@farahaslam9224 Oh damn. I thought teachers didn't make that much. Or maybe paige doesn't make that much. For a "really competitive position" and for a Cambridge graduate, she really isn't getting paid much, is she? Maybe there'll be good opportunities for promotions and such when she gets her proper actuary training and passes her exams.

[@lisamschlenker1495]

Could u pls vlog your new life? I love to watch those nine to five work vlogs and business/finance related vlogs 😍

[@undercoverpossum5504]

Well done your very inspiring, good luck with everything 💙

[@amrinpatel5205]

Good luck for your new role! This was me 3 years ago and I’m on my final few exams to qualifying as a fellow! I hope it all works out for you and good luck with exams!

[@paritapanchal6289]

I'm an actuarial student and I even want to sit for the IFoA exams This was quite helpful 😊 Thanks a lot

[@umagopalks2240]

Heyyy spotted an indian

[@MusabInamdar]

YOU THE BEST PAIGE I’M HERE STRAIGHT OFF

[@zeee__e]

I just wanna know more about the relation between her astrophysics degree and her current job 🤔🤷 !!!

[@a_llama]

she can think

[@laristudy7972]

x2

[@jihanelahrir]

That was so helpful! Thank you and best of luck

[@alexb6279]

No idea why I was recommended this video, but spent three years in pensions - training to be an actuary. Think I know who you're joining based on Reigate - I worked at a close rival! Any questions, drop me a message!

[@xinshengdong5820]

You are always happy and feeling better.

[@2muchnrg268]

Can you make a video about your studying process/ methods plssss? That would be so helpful!

[@pineappletv625]

2 MuchNRG isn’t that what she’s doing in every vlog?

[@2muchnrg268]

Pineapple Tv I mean like a dedicated video about it to kinda give the bigger tips

[@LONDONTHAMIZHACHI]

Thanks dear all the best

[@Anastasiaknt]

Hi! Congrats for the job!!! The only thing I don't really understand is: aren't you supposed to have studied economy? Meaning: how is this job related to what you studied? Thanks!!!

[@loulounounou2601]

So basically whay you studied in Cambridge has nothing to do with your choice of carreer ? Sorry im a bit lost. Our system is different. I had high scores so i had my first choice which is pharmacy school and now i am a pharmacist. Does it work differently in the UK ?

[@dizzygear_x8676]

As a medical student, I’m always confused that people will study something and get a degree, and then end up working something different. I’d be kinda disappointed with myself if with all my hard work at uni, I end up with something different and have to study again and I’ve waisted all those years. I can really see that you’re super happy and excited for this job, but why didn’t you go for a degree that would be related to your current job.

[@anamarta7539]

One of the great things about a Physics degree is that it prepares you to solve problems. All kinds of problems. You can read about physics theory in any book and claim you know it all but consistent application of theorems to different problems and the of solving exercises will wire your brain in a different way. Being able to solve real world problems in an efficient and clear manner is one of the greatest assets of a higher education in Physics.

[@dizzygear_x8676]

TheRenaissanceman65 well when I began watching her, I thought “oh astrophysicist, she can work at NASA, or a lab, or become a professor, etc” . Never would have I thought she would be working a desk job. I’m genuinely happy for her tho, that she feels happy and excited for the job she chose :)

[@dizzygear_x8676]

TheRenaissanceman65 well I was raised to get a degree in a well paying job (medicine obviously for me) and you can have whatever hobby you want. My hobby is in makeup. Even tho I love it, I wouldn’t make a living out of it, it’s not a stable job. If I want to learn about something that interest me, there are plenty of courses and books online, and you don’t need to go £££ in debt

[@zoe-mv6ji]

Some people realise a job related to their degree is not for them but continue with their bachelors because for most careers they just want you to have a bachelors it doesn’t matter what in. So it’s not a waste because for something like an actuarial career even those who study actuarial science still have to complete more exams post graduation x

[@joyfulmusicreloaded6204]

We need a workstation set up video once the company has delivered all the equipment

[@harold3802]

Best of luck in your new job 💯

[@mdfst]

Where i live, you have to study 4-5 years at the University to become an axtuary. I think its nice that you can have this job, even if your formation isnt specific of this. ☺️☺️

[@ines3770]

Do you live in France ?

[@mdfst]

@@ines3770 no, in Québec (Canada) :)

[@ines3770]

@@mdfst oh okay I asked cause I could tell you were a french speaker and in France it works the same, you need to specifically study for it

[@mdfst]

@@ines3770 my english grammar isnt on point yet haha ! So, I assume you're in France ? :)

[@kuyakokssuu]

Good luck paige!!!

[@vincentchien4411]

It’s a really good sharing/ Q&A. Hope u enjoy ur job!!!!!🥰🥰

[@bygnahzdivad]

Hi Paige, I thought you gave a pretty good explanation to a lot of the actuarial questions that were asked, but here are a few points that I felt needs some greater clarification regarding the profession (they're not listed in any particular order): 1. Perhaps this is just a UK thing, but, in the US and in Canada, insurance consulting actuaries refers exclusively to actuaries who work in consulting companies (e.g. PWC, KPMG, WTW/Aon, MMC). The definition you gave implies that an actuary who works at an insurer/reinsurer would also be regarded as an insurance consulting actuary. Now, I realize this difference could seem minor, but in my experience, there are some very big differences in the type of actuarial work that a training/qualified actuary would be exposed to. For example, most consulting actuaries would have their work limited to just valuation/reserving projects and this is because pricing projects generally set the vision for an insurer and it's highly unlikely that an insurer would entrust that vision to a third party (i.e. consultants). And this difference is applicable to both life and P&C consulting actuaries. 2. I felt that your explanations were very biased towards the P&C side of things, but this bias is understandable because you've only worked on the P&C side. As a result of this bias, I don't think you were able to properly explain the difference between a life actuary and a P&C actuary. In my opinion, a P&C actuary is mainly concerned with how much money is paid towards a coverage for a group of policyholders. However, a life actuary is mainly concerned with when would the benefit payments would occur for a group of policyholders. As a result of this fundamental difference, the actuarial models/methods that are used to price the policies are completely different. 3. This could just be a UK/Europe thing again, but, in my experience, most of the people who want to become actuaries would start writing their exams while in university and there are primarily 2 reasons as to why people would do that. The first reason (and perhaps the most important reason) is that in order to land an actuarial internship in the US and in Canada, most candidates need to demonstrate that they have an interest in the profession and the easiest way to do that is to pass 1-2 actuarial exams before applying for their first internship. By passing these exams, it illustrates that you're committed to the profession as you're willing to spend at least $200 USD to take one of the exams and devote enough study time to pass the exam(s). The second reason is that because the journey to becoming a fully qualified actuary is so time consuming, people just want to get the exams over with so that they can get on with their lives.

[@nethralawania9944]

I want to see study vlogs of paigey ! Make more please