Grad Jobs with accounting and finance degreeWatch
- Political Ambassador
What actually is actuary? professional qualification exams seem hard as well
I'm a trainee actuary in pensions. At face value you might think it's just about crunching numbers, but actually we're managing risk in being able to deliver someone their retirement benefits in 40 years time. You need to take into account inflation and how that may change, mortality and changing life expectancies, how investments will develop to meet the liabilities of paying annuities in retirement, etc.
The exams are tough going, especially when working a full time job too, but the rewards are very generous. There's a shortage of actuaries and it's an expanding job market, so companies offer good reward packages - high pay, annual bonuses, profit sharing, private health insurance, other perks.