>>7811005 Actuary here, this comment is very misinformed. A lot of the stuff you will learn during actuarial studies is not covered in data science.
And for those wondering about the actuarial professional exams, they are basically the worst thing that will ever happen to you. The first 4 are not too difficult for the mathematically gifted. The following 5 exans, for those on the Property & Casualty track which is where predictive modelling and data science happens most, will require about 350-400 hours of studies each, assuming you will pass them on first try. On average people need 2 or 3 tries for each. Also, they involve very little math ... expect thousands of pages per exam to read, summarize and memorize, in addition to working your regular 40-hour work schedule.
So basically if you want to become an actuary with credentials kiss goodbye to your life for 5-6 years after you graduate from university. If you don't wanna go through that, companies will hire you anyway but expect a salary that will be around 25k per year lower.
Also it is a valid point that Data Science is used a lot by some actuaries in the property & casualty insurance track. But a very deep understanding of insurance, financial, laws/regulation, accounting and more will also be expected from them. Actuaries working on the pension, life insurance, collective and health might not use it at all.
>>7811397 >typo So basically if you want to become an actuary with credentials kiss goodbye to your life for 5-6 years after you graduate from university. If you don't wanna go through that, companies will hire you anyway but expect a salary that will be around 25k LOWER per year lower.
Thread replies: 7 Thread images: 1
Thread DB ID: 465766
All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the shown content originated from that site. This means that 4Archive shows their content, archived. If you need information for a Poster - contact them.
If a post contains personal/copyrighted/illegal content, then use the post's [Report] link! If a post is not removed within 24h contact me at firstname.lastname@example.org with the post's information.