Being an Actuary RUI ZHANG, FSA, MAAA JULY 2016. What is an Actuary – Risk Profession Actuaries measure and manage risk Actuaries work in insurance and.

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Presentation transcript:

Being an Actuary RUI ZHANG, FSA, MAAA JULY 2016

What is an Actuary – Risk Profession Actuaries measure and manage risk Actuaries work in insurance and everywhere in-between

Pricing Valuation Consulting Reinsurance Pension What is an Actuary – Career Path Traditional Paths In insurance companies With consulting firms Within employee benefits departments In government agencies Example Business Analytics Enterprise Risk Management Senior Management Investments and Fund Management Wealth Management Financial Planning Non - Traditional Paths Risk Management

How to Become an Actuary Education Choose an Education Focus Training is a must. How you learn can vary Pass the exams Internships Credentials Associate (ASA) Fellow (FSA) Chartered Enterprise Risk Analyst (CERA) Member of American Academy of Actuaries (MAAA) Exams What’s included? How many exams? Are they hard? How long does it take to complete all exams? How many exams to take before graduation?

Key Skills to Have