Week 1 Meeting Actuarial Society of UCI. Company Logo Our Mission To be the best on-campus resource for questions and concerns about the actuary career.

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Presentation transcript:

Week 1 Meeting Actuarial Society of UCI

Company Logo Our Mission To be the best on-campus resource for questions and concerns about the actuary career. And more importantly, to remind students that they are not alone on the path to a challenging, yet rewarding career.

Company Logo Who is this Society for? Students who are serious about becoming actuaries Students who are considering becoming actuaries Students who have never heard of an actuary, but want to find out what they can do with their quantitative background, interests, and/or abilities

Company Logo What You can Expect from Us Exam Preparation 1 Actuary Speakers 2 Professional Development 3 Networking 4 UCI 4 Year Plans 5 5

Company Logo What We Expect from You Show up to meetings 1 Participate at events 2 3 Pay dues on time 4 Pursue excellence! 5 5 Help us fundraise

Company Logo Membership $15/year or $10/quarter $20/year including t-shirt Uses ….  Exclusive professional events  Purchase study materials  Member-only socials  Marketing equipment  Room reservations  Speakers’ gifts

Company Logo Leadership Opportunity Winter and Spring quarters will be a testing ground for everyone to get to know each other and demonstrate their commitment Applications for President, VP, Marketing Manager, Secretary, and Treasurer will be available Week 5 of Spring quarter.

Company Logo Winter Quarter Preview Week 1 Intro/Social Pizza Party A day in the life… Week 2 Week 3 Plan, plan, plan Week 4 So how many exams are there? Various Career Tracks Week 5 Week 6 Actuary Speaker – Stephanie Tai

Company Logo What is an Actuary Actuaries analyze the financial costs of risk and uncertainty. They use mathematics, statistics, and financial theory to assess the risk that an event will occur and to help businesses and clients develop policies that minimize the cost of that risk.

Company Logo Why be an Actuary? Prestige – #2 Best Job in America by Wall Street Journal Pay – #6 Top-Paying Jobs in America by CNN Money Work-Life Balance – On average work only 45 hours per week Job Outlook – 1 of 4 careers with 0% unemployment by CNN Money – “27% growth” by US Bureau of Labor and Statistics Work environment – Most actuaries work full time in an office setting.

Company Logo How many Exams do I Take? 5 preliminary exams – P/1, FM/2, MFE/3F and MLC/3L, C/4 4 to 5 specialization exams (depending on track) Will be covered in greater detail Week 4 meeting

Company Logo Speakers Stephanie Tai – actuarial analyst at Towers Watson, Irvine Cheryl Kellogg – senior actuary at VPI Pet Insurance Sherry Zhu – actuary at Towers Watson, Los Angeles

Company Logo Resume Workshop Inviting Career Center adviser to speak about: – Analytic job and internship opportunities (for those who haven’t passed any actuary exams) – Ways to develop resume for actuary positions – Proper way to highlight skills and past jobs on resume for actuary recruiters Quick Tip: If you will be leaving a position and your employer wants to fill the position with someone highly motivated and trustworthy like yourself, refer them to your friends at the Actuarial Society of UCI! By doing so, you are also helping yourself get a better recommendation by saving recruiters time and money.

Company Logo Things to do NOW Like us on FB Join our FB group Check out the website: clubs.uci.edu/actsoc Start planning your future!