Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
When you are on a quant forum whose population includes many actuarial students or ex-actuary who is moving to the quant side, it's going to be biased. I haven't seen anyone who comes here to say the actuarial work they do is extremely intellectual challenging or financially rewarding.
In short, do you need some convincing on one way or another?
Are you serious?Not to mention it is probably even harder to get an entry level actuary position than quant - and for less money.
I agree with you that actuarial students are over-supplied but I still believe the bar for a real quant job is so much higher.I know many students who had passed as much as four exams and were not even considered for internships.
When I was an actuarial student I went to the ASNY Actuarial Career Fair. There were probably close to five hundred aspiring actuaries in that room and from the tens of distinguished companies present only about 40 positions available. I know many students who had passed as much as four exams and were not even considered for internships. I am not saying it's impossible, but it was a bit daunting.
If you like it, you will enjoy it.What is everyone's opinion of actuarial work?
Mostly unnecessary, but could come in handy if you have it already I guess. There is really no relation to the 2 fields, except for a few subtypes of corporate actuaries (such as DAC). Do not waste your time with anything other than basic accounting knowledge (income statements, balance sheets, etc) though.Is a background in accounting useful in the actuarial profession?