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Why choose the Actuarial Profession

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  • čas přidán 15. 08. 2024
  • Vox pops from newly qualified actuaries explaining how they chose the Actuarial Profession for their career: more challenging and exciting than accountancy; forward looking, not backward looking like accuntancy; high earning potential; use of mathematics; can study whilst working full time - most employers have a graduate training programme.

Komentáře • 70

  • @MJtheFellowActuary
    @MJtheFellowActuary Před 9 lety +35

    At my university we could start the Actuarial Career Path from year 1. Just like the guy at 3:37. He is also South African, you can tell by the awesome accent

    • @refentseazania5550
      @refentseazania5550 Před 6 lety

      MJ the Student Actuary hey best tutor ever haha

    • @khumomaimela
      @khumomaimela Před 6 lety

      MJ haha, like your videos bruh, coolest actuary ever

  • @raghibishraq805
    @raghibishraq805 Před 11 lety +9

    2.15 is the reason why I'm here !

    • @haveatyou1
      @haveatyou1 Před 3 lety

      Just because she ain't that pleasing to the eye doesn't mean you have to post a rude comment.

    • @manavdodia5464
      @manavdodia5464 Před 3 lety

      @@haveatyou1 he means it in a good way lol, as if she’s eye candy

    • @haveatyou1
      @haveatyou1 Před 3 lety

      @@manavdodia5464 Hehe, savage bro. But seriously no need to be rude or sarcastic. Not everyone is photogenic.

  • @MileeWilson
    @MileeWilson Před 9 lety +6

    Yay, there's hope. I thought I started late, in Second Year, I decided this was the path I wanted to take.

    • @haveatyou1
      @haveatyou1 Před 3 lety

      There's no path here trust me. You're entering uncharted territory.

  • @MNSTER-jt9hw
    @MNSTER-jt9hw Před 8 měsíci

    Why this profession is so underrated???!!!

  • @PaulMoorshead
    @PaulMoorshead Před 3 lety +2

    Still one of the best career routes out there.

    • @haveatyou1
      @haveatyou1 Před 3 lety

      Lol, give me a break.

    • @PaulMoorshead
      @PaulMoorshead Před 3 lety +1

      @@haveatyou1 are you a disgruntled ex actuary then? Not many of those around!

    • @haveatyou1
      @haveatyou1 Před 3 lety

      No I just think these people are all talk no substance.

  • @jakstrike1
    @jakstrike1 Před 11 lety +7

    I'm not sure I want to be an actuary if it would involve working with people like this.

    • @haveatyou1
      @haveatyou1 Před 3 lety

      Exactly. Like I said earlier, re-confirmed my choice to not be an actuarist. No disrespect to actuarist work though.

  • @kernel2006
    @kernel2006 Před 11 lety +3

    It's not that they're British, it's that they're actuaries.

  • @Saeftx
    @Saeftx Před 12 lety

    um.. the mean of entry actuaries are around $75,000. The mean of the top 50% is easily in the upwards of $95,000 - $125,000...
    look in the occupational handbook for an actuary.

  • @temele8633
    @temele8633 Před 9 lety +2

    is it too late for me to become an actuary? I am 31 years old and I recently got accepted in a four year degree program with major concentration in Actuarial Science. Will my age affect my professional skills or job opportunities? thank you

  • @29edaj
    @29edaj Před 12 lety

    will be getting there soon... not so soon but soon

  • @finmatrixparadigm7904

    Is it ok to start at 45 + for actuar6

  • @FaithinCrist
    @FaithinCrist Před 10 lety

    danelwebb Many grads with first class degrees don't get interview either

  • @nikitaadivhaho6648
    @nikitaadivhaho6648 Před 8 lety +1

    Can i do actuarial science at university while I'm doing mathematics, physical sciences, life sciences n geograph?

  • @Schwyndfst
    @Schwyndfst Před 12 lety +2

    Some day, some day

    • @haveatyou1
      @haveatyou1 Před 3 lety

      8 years on and still some day mate.

  • @FaithinCrist
    @FaithinCrist Před 11 lety

    I can support KCI's argument, it is unreasonably hard to find an entry level job in the field of actuary. Companies say they always want to recruit actuaries but don't want anyone with no experience. It is a vicious cycle.

  • @InsomniaGigi
    @InsomniaGigi Před 12 lety

    The screwface that Sarah Williams gives is HILARIOUS

  • @danelwebb17
    @danelwebb17 Před 11 lety +1

    Does it not? I've been qualified 10 years and I use maths every day. My job is basically "I play with Excel".

    • @Anil75987
      @Anil75987 Před 4 lety

      How is the career? thinking about getting into it...

  • @MrDaiTexas
    @MrDaiTexas Před 11 lety

    they've now changed the title of the video to "choose", probably as a result of my education

  • @danelwebb17
    @danelwebb17 Před 11 lety

    They recruit lots of people straight out of uni. The vast majority of which didn't study actuarial science.
    Yes it's competitive. If you got a 2-2 degree you won't probably get an interview.

  • @kramikapawar8824
    @kramikapawar8824 Před 7 lety

    Sir can we choose actuary even if we are in commerce stream and not with maths subject but my maths is very good and I'm interested in this job so can I get in this field ?

  • @rickb.341
    @rickb.341 Před 8 lety +3

    if you are not AMAZING at math.. do not do this..I dabbled in it to see and I ran fast.. I am a computer data professional now and it is much easier.

    • @thabangjosephkotelo8243
      @thabangjosephkotelo8243 Před 8 lety

      Lol good to know your strengths man.But atleast you gave it a try and that's all that counts!

    • @rickb.341
      @rickb.341 Před 8 lety

      THABANG JOSEPH Kotelo yea I enjoy learning new things but you gotta know your limits... people also confuse accounting for math... that is not math... actuary IS math. lol

    • @thabangjosephkotelo8243
      @thabangjosephkotelo8243 Před 8 lety +2

      A lot of ppl confuse maths with a lot of things,for instance when ppl find out i have a maths degree they usually follow that up with comments like,'So u like working with numbers or something' or 'U great with numbers'.Truth is I'm average and the same as the guy on the sreet with numbers and no i don't like working with them.And tht nonsense is not maths,they're just talking about arithmetic.Funny how some ppl whn they know about you they come up with an arithmetic problem to test you and how ur answer will be used to gauge the quality of ur degree and how good you are in math by those who often think of themselves as the 'enlightened ones' or 'clever ones',their confidence kills me the most i just can't hold back the laughter.But one thing for sure i will definitely persue this actuarial career startng nxt yr,but my programming skills though need a little bit of work

    • @rickb.341
      @rickb.341 Před 8 lety

      THABANG JOSEPH Kotelo how old are you? do you think age matters? meaning if you are young.. you can gamble and test out different careers.. when you are older.. you need to make money period.

    • @thabangjosephkotelo8243
      @thabangjosephkotelo8243 Před 8 lety +1

      Rob B. I'm in my 30s and yes no doubt abt tht one needs to make money which is why i want to persue this actuarial career path its very financially rewarding.At the moment I'm doing post grad studies in maths so a degree alone is lame and doesn't really get u great jobs n i can't settle for tht after all tht i've been through.
      But u computer science ppl with just a mere degree or even an uncompleted one you still get out there and land decent jobs.We don't have tht luxury.
      So to answer u i think life in general is a big gamble n sometimes u bet all ur chips n make ur bet,but sometimes u spare some of ur chips and still make the bet.At this age and especially if u already have something in the bag(i.e a job) its always sensible to go with the latter option n still make ur bet,without standing to lose any of the things u already have n worked hard for.So make no mistake i don't inted to lose any of the things i worked hard for,i seek only to add.

  • @kcirai
    @kcirai Před 11 lety +3

    People make it look like the actuarial profession has 0% unemployment rate. It a very hard field to break in. If you're considering majoring in Actuarial Science in college, make sure you secure an internship else you'd have wasted all your time in college. The job market for entry level actuaries is preposterous and disheartening.Don't waste your time on this career. If i had known better, id have majored in Computer science or something it or programming related

  • @edyzamorfleurival3155
    @edyzamorfleurival3155 Před 12 lety +1

    she's so cute!!!

    • @haveatyou1
      @haveatyou1 Před 3 lety

      Helpful only if you provide a time stamp.

  • @sukritf5512
    @sukritf5512 Před 4 lety

    Only her name was not given

  • @maxgunn555
    @maxgunn555 Před 11 lety

    0:34 - robot malfunction.

  • @danelwebb17
    @danelwebb17 Před 11 lety

    It's the English language so my guess would be English people are right.

  • @thebestofnations
    @thebestofnations Před 11 lety

    Ha Ha, No we don't. LoL. Eloquent is the word ;)

  • @Oicurmtoyoy
    @Oicurmtoyoy Před 12 lety

    "Chose" is the past tense of "choose".

  • @kamran60
    @kamran60 Před 12 lety

    Maybe you're not involved in programming while working as an actuary.

  • @kamran60
    @kamran60 Před 12 lety

    dafuq? It does..I am an actuary

  • @NorthTexasEagle1989
    @NorthTexasEagle1989 Před 8 lety +1

    Deloitte represent!

  • @MelTurpin
    @MelTurpin Před 12 lety

    Your early EXAMS involve higher math, NOT your JOB.

  • @nightfire4107
    @nightfire4107 Před 7 lety

    01:07 He needs to fix his hair

  • @MisterMDV
    @MisterMDV Před 10 lety

    I actually prefer the British tone

  • @haveatyou1
    @haveatyou1 Před 3 lety

    Thanks for re-confirming my choice not to be an actuarist.

    • @dylanr4854
      @dylanr4854 Před 3 lety

      Wait why

    • @haveatyou1
      @haveatyou1 Před 3 lety

      @@dylanr4854 You didn't watch the people on the video?

    • @dylanr4854
      @dylanr4854 Před 3 lety

      @@haveatyou1 uh no whats up with them

    • @haveatyou1
      @haveatyou1 Před 3 lety

      @@dylanr4854 Hehe... savage bro. I guess your right, I don't see people here either in the strict sense.

  • @kamran60
    @kamran60 Před 11 lety +2

    why do british sound so damn boring?

    • @haveatyou1
      @haveatyou1 Před 3 lety

      Nah it's just these particular British make the unpleasant sounds you're hearing.

  • @bmorgens
    @bmorgens Před 11 lety

    honwstly the biggest copy/pasting fraud i've ever seen. you've posted this on every video.