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“Asked you guys for questions you did nnot disappoint. I have a lot to get get through. I guess we can conclude at the nbeginning of this video that becoming actuary is not a clear process. Who nshould be an actuary.
What kind of person. I m the kind of person who loves nprogramming. I have so much fun writing code thinking about how to do things how nto make things more efficient. I have co workers will complain for nthree hours if they have to write one line of code.
I exaggerate. But the point is nthere is no one type of person if you have a team full of like minded people nhomogeneous people all the same kind of people you re not gonna have a strong nteam. If everyone on the team is the kind of person who really likes type a nprojects. But really dislikes type b.
Projects. Then you have a team full of npeople. Who really just like this..
But the truth of the matter is there are very nfew things that everyone in the world hates like for me. I will do anything in nmy power to avoid making a phone call. But i know people who their first ninstinct. If they have a question they will like pick up a phone call random npeople get the answer it takes all types.
But if you want me to give you some nunderlying base characteristics. You want someone who is hardworking willing to nstudy long hours basic communication skills at least somewhat enjoys math why nstudy actuarial science and not simply statistics my feeling about this is that nwhen you go into an actuarial program. You re with other people who are saying ni want to be an actuary. Too so presumably you re going to be around npeople.
Who are writing exams at the same time and i feel like i definitely nmaintain my exam momentum because i was always around classmates and co workers nwho are also writing exams. If i was with the stats people and very few of them nare writing exams. I think would be much harder for me to stay motivated. I would nsay the community aspect is really the one that i would go for what is the nhardest soa exam.
My answer to this the next one whichever one you re studying nfor now is the hardest one two days before every exam. I was like that was nterrible this is the worst i m gonna fail it s gonna be awful you find out nyou passed and the process repeats and then you think that one wasn t hard this none is hard. There s no hardest one can i still be an actuary..
If i m not very good. Nat math. Depends what you mean by not very good at math. If by math you mean nmental math.
Sure i cannot do multiplication or naddition in my head. I am so addicted to my calculator. I m so addicted to excel. I ndon t know how people used to be accountants or actuaries or math people nbefore.
The calculator. If you re talking about basic logic and reasoning. If nyou re talking about algebra. If you re talking about you know understanding how nto calculate the slope of a line you might want to work on it do actuaries nuse computer science.
I personally code in vba and sas. I have ncorkers who code in r. So yes do you think it s a bad idea to take an nentry level job in the pensions field that when you go so far as to say it s a nbad idea if it s the job you can get there are transferable skills..
There are nthings you can learn in in any job. I wouldn t say seek to be a pension nactuary at a time when companies are getting rid of their pensions. Defined. Nbenefit pensions are a gem.
They are a luxury and they are not really offered nanymore. Most companies are switching to defined. Ncontribution and you don t need as many actuaries when you ve got defined ncontribution masters or exams. Depends is your goal to do actuarial research.
If so nget a masters if your goal is to be an actuary exams. Get your exams done early ni would not procrastinate on actuarial exams are there any online communities nof actuaries that i can talk to actuarial outpost is your best friend nactuarial outpost is my go to actuarial discussion forum. I don t post on there ni m just one of those people who goes on and reads things every exam is gonna nhave a ton of threads about what the best manual is people asking questions npeople. Answering questions that would be my go to place how much student debt do nyou acquire after exams.
I can t answer this question because i have never been nin debt. I was very lucky i went to school in quebec it cost about two nthousand dollars a semester. And i got about eight thousand dollars in nscholarships so combining my scholarships with the money that i was nearning for my internships..
I d never took out any debt and then i work for ncompanies that have paid for my. Exams i know in the us. That is that is not the nsituation but i m very lucky to graduate in the black engineering math versus nactuarial math actuarial math is just cooler cuz nlike we cool what s the best university to go to for actuarial science. I don t know i nonly.
I only went to one and i have made videos saying that i didn t love my nexperience there. But what it did do is put me in a really good mindset for nstudying for the exams for kicking my butt and making me do what i need to do nto. Become an actuary. So it put me in a good place.
My criteria for looking for nuniversity was in english in my city does it if you want to see more nactuarial q. A s please give this video. A big thumbs up leave your questions or nvideo suggestions. In the comments down below and subscribe to be part of the nmost awesomest actuarial youtube channel that you re currently watching right now nforever subscribe.
We gonna make ” ..
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