Top 5 Actuarial Roles in Financial Markets

[@mondenondabula5527]

HI Mj... Can you please make a video about the 2019 syllabus... I really would like to know what I'm in for. Thank you Second year actuarial student.

[@salluarsh]

Thank you MJ to hear my comment ;) Got a clear idea of Actuarial role in various area.

[@MJtheFellowActuary]

Always a pleasure :)

[@broballistic7051]

Has anyone ever told you that you look a lot like ed sheeran, MJ? Also can you please make a video about exemptions and the exams next. I’m finishing 1st year at wits right now. Wanna know a couple of things like how many did you get in varsity, which ones are the hardest to get, which ones are essential to get in varsity and which ones are better to write the exam externally? Would really really appreciate it!!

[@ngcalinqadala2819]

Can I ask how your first year was... How did you find the tests and how much did you study?

[@broballistic7051]

Unintelligent Comment Terrorist - well I just came straight from matric so it was a shock how much work there was, because there is a lot compared to school - but it’s not so difficult to understand if you put in the hours and work diligently and consistently. The tests were fairly straight-forward if you knew your work. Mid year stats paper was quite difficult tho but that was about it. Are you studying act sci at wits next year?

[@ngcalinqadala2819]

@@broballistic7051 BEconcSc act Sci... But I'm not really sure considering I honestly don't know what I'm getting myself into... How many hours a day did you do?

[@pujanchitalia3309]

MJ please can you make a video on Actuaries in a business consulting role

[@edwinchauke2246]

Yes Mj

[@junhotan2096]

hi MJ, I was studying bachelor of accounting and finance without a strong mathematics background, but I'll do a master of acturial practical on Feb, 2019. I am studying calculus and applied statistics by myself before my semester roll out, but, heaps of people told me This subject needs a very strong and robust understanding about advanced mathematics and there are some people whose doing master of actuary with a bachelor of mathematics degree. Those sort of stuff really put over pressure my shoulders and drives me to starts worrying about my future study career. Could you please tell me is actuary really too harsh to wrap up without mathematics background? Thanks a lot

[@user-mq3ts7lr9l]

Hello MJ. 1. Please react/analyse Adrian Gore's presentation of Discovery Bank. 2. What do Insurance companies and Medical Aid Schemes do to protect themselves against too many claims from a major catastrophic event, like the California fire?

[@MJtheFellowActuary]

I made a video on Discovery, although focused more on the controversial side, will do a proper one later. For your other question they will use reinsurance or catastrophe bonds to transfer large amounts of undesirable risks

[@Bydr-ei5nw]

Mj is machine learning a necessary skills for actuary, or can be an added value at least?

[@stefanbelkowski6153]

Hi MJ I’ve seen lots of videos related to Quants Versus Actuaries relating to their interchangeability or lack thereof. Would be interested in your opinion regarding this! Thanks in advance for your great videos!

[@user-yn4wy7iq7s]

love this comparison

[@aleciariddick7719]

Can I get an actuary internship if I am a finance major with a minor in applied mathematics after I pass my first actuary exam? I want to be a financial actuary in stock analysis and trading.

[@MJtheFellowActuary]

Yes! Send your CV to many companies and tell them what you want :)

[@nickkarafillidis4637]

I want to pursue an investment actuarial career, do you think that is a good carreer?

[@blackezi3]

Can an Actuary start a Risk Consultancy Firm?

[@evelynray8088]

Hey MJ. If it's relevant enough, please do a video on "pyramid schemes". It's business model and if joining one is beneficial in the long run?. Thank you in advance.

[@MJtheFellowActuary]

By definition a pyramid scheme creates returns from other members funds. This is not only illegal but has a high probability of ruin and should be avoided

[@evelynray8088]

@@MJtheFellowActuary Noted, thank you so much.

[@ianhp4515]

Hi MJ, i have been watching your KZbin videos and also watched your Udemy course. I want to know whether it's technically possible to pass all exams first and after that get the 3 year work experience required to me become a fellow

[@MJtheFellowActuary]

Technically yes. Practically... hmm

[@solidink267]

Hi Mj I am trying to make the extremely hard choice of choosing what to study.I really enjoy your videos and I need your opinion on the following. I really like the finance sector specially in investments.My dream job would be working for a investment company like Allan gray or Berkshire Hathaway and being able to interpret and analyze stock and markets mathematically and then making a decision yourself like being head of e.g balanced fund.What is your opinion on actuarial science as a career choice in investment compared to b acc or Cfa or quant? My idea is that actuarial science provides a better base qualification than the above in understanding the economy and seeing it from a different viewpoint. Your video on roles of actuaries in finance answers the above but I would like to know more in detail how and why that is?How can actuaries play a different or replace an existing role ?My biggest fear is that as an actuary you cannot make the decision but only work with the probability calculations and not adapt to other roles such as analyzing trends in the stock market.I feel that when I look at the subjects for actuarial science that it is tough but also provides the most in depth course with stat economics and risk management.My second choice of study is for me something completely different computer science and statistics major. How I see it is that actuarial science contains most of the subject for a computer science major except computer science and I thought that if I wanted that it would be easier to then complete cs after actuarial science major as I only have to do cs 1 to 3. I also saw a msc at UCT that combines the two field. I was very interested in your work for actuartech and I thought that these to field can be a great combination and better than e.g b acc and cs. After all the above what do you think? I am also very interested in your consultancy job? how does it work ? What do you do ?Can actuaries work for themselves or must they usually work for only a small part of a company? Thanks Sincerely Christoff

[@zuvagwata5183]

what actuarial route do you take if you want to be in Financial Markets

[@zuvagwata5183]

FCAS of SOA and specifically which designation

[@user-yn4wy7iq7s]

Who are the most successful actuarial entrepreneurs or actuaries in finance / investments I find this information is hard to find .. e.g. it's easy to search the internet and know Warren Buffet is one of the greats