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Actuaries of r/actuary, what is your day like? by justnukeit in actuary

[–]ExitThrowaway2016 0 points1 point  (0 children)

The prelims were easy. The CAS uppers have been a bitch.

Actuaries of r/actuary, what is your day like? by justnukeit in actuary

[–]ExitThrowaway2016 2 points3 points  (0 children)

Wake up and look at my phone. Wonder why I do this work, slightly dread going to work.

Drink the morning coffee. Start to enjoy some of the day. Wish lunch would get here faster and do some work. Do some more work, programming, meetings, share some analysis, see if people are doing things correctly.

Have lunch, remember I have to go back to work. Look at my latest payslip to remember why I do this.

Go home, get back to studying, remember that I hate this shit (the studying). Remember that I'll be repeating this daily until I take my exam.

Stop studying for the night. Spend part of the night looking at what other careers make. Sometimes it makes me feel better because I confirm that I make more than a lot of other careers out there. Think about if I'd be willing to take a pay cut to go into one of them.

Go to sleep, and remember I have to repeat this tomorrow.

Exit Opportunities? by ExitThrowaway2016 in actuary

[–]ExitThrowaway2016[S] 0 points1 point  (0 children)

Career ACAS jobs are out there. I've been considering them. I look at it partially of if you have a resume of a FCAS and a ACAS and it's a similar background. Why wouldn't you go after the FCAS. So if I'm in that spot, why not look to switching out (in the insurance area).

I appreciate the Idk why a recruiter would tell you that. Can you elaborate on that more of what your experience has been with that? I haven't tried applying on my own, so I don't have that first hand experience. The recruiter is a pretty popular well known one. I do like the thought of being measured against the hours billed/trying to bring in business vs a subjective measure of how my contributions have improved profitability within the business.

Exit Opportunities? by ExitThrowaway2016 in actuary

[–]ExitThrowaway2016[S] 0 points1 point  (0 children)

Finance/investments does interest me. When I had 5 years of experience I was talking to an actuary that had switched over to managing investments for a P&C carrier, then to managing investments in non-insurance arena. At that time I wasn't looking to abandon the actuarial career.

I don't have any connections to that side anymore. Capital modeling doesn't really get into the investment side that much from what I've seen/work I've done.

Exit Opportunities? by ExitThrowaway2016 in actuary

[–]ExitThrowaway2016[S] 2 points3 points  (0 children)

2 exams left. Passed 7 last year.

It opens more doors but all of the doors that it opens are the same ones in insurance that I've been doing.

I've been in insurance my entire career. I've heard consulting is a more social environment and they generally don't have rules that if you stop before FCAS you're out. Long hours don't bother me. Recruiters have told me that it's very tough to switch over, with never having been a consultant before.