Exactly how great is actuary science?

Exactly how great is actuary science?

Wages?
Enjoyability?
Prospects?
Employability?

Erm// I just noticed you want to study medicine? wtf?

Also notice he doesn't hold an offer and it's February, could be considering a plan B route.

The wages are reasonable and the prospects are ok.
However, it is incredibly boring.

BTW, this is the wrong forum.
Being an actuary has little to do with investment banking or consultancy.
You should be posting in the accounting forum where the other boring people hang out.

"spent my entire time structuring derivatives for investment banks"

Can you elaborate? Seems odd!

In an insurance division of the consultancy, structuring derivatives on mortality statistics. Not that odd, a life insurer and pension provider obviously have diammetrically opposed interests in length of a life. Investment banks sell these derivatives.

Also spent a lot of time on a replicating portfolio model that mirrored a certain liability with a basket of derivatives.

The things I did that summer really helped me get a job trading at a BB, though it is unlikely you could do any of the above studying actuarial science. All the people in my team were Maths/Physics and predominantly Oxbridge.

In an insurance division of the consultancy, structuring derivatives on mortality statistics. Not that odd, a life insurer and pension provider obviously have diammetrically opposed interests in length of a life. Investment banks sell these derivatives.

Also spent a lot of time on a replicating portfolio model that mirrored a certain liability with a basket of derivatives.

The things I did that summer really helped me get a job trading at a BB, though it is unlikely you could do any of the above studying actuarial science. All the people in my team were Maths/Physics and predominantly Oxbridge.

Why do you think you couldn't do the above studying actuarial science? It's true that this type of thing is not what most actuaries spend their days doing, but they clearly have the basic skills necessary. Setting up RPs is a common technique employed by life insurers.

I wasn't setting up a basic RP. It involved creating new models for exotic interest rate derivatives to model specific scenarios, requiring a pretty indepth knowledge of stochastic calculus. The three people I worked on it with all had Maths degrees.