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1502309026 why should i apply for a job as an actuary 22

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Michael Collins

The document provides reasons why one should apply for a job as an actuary. It states that actuaries are responsible for actuarial earnings and work closely with senior management and other departments. Actuaries have significant influence within insurance companies and their jobs involve understanding risk, working with various groups like underwriters and data analysts, and helping manage emerging risks. The job offers good salary, work-life balance, variety and is in high demand. Actuaries also fulfill an important social role in helping people access healthcare and protection.

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Why should I apply for a job as an actuary? Group Project August 10th 2017
HIGHLY CONFIDENTIAL DO NOT COPY Understanding the nature of the risk is one of THE basic topics for insurance companies 2 Understanding the nature of the risk
HIGHLY CONFIDENTIAL DO NOT COPY Actuaries are responsible for the actuarial earnings Actuaries are a key growth driver Actuaries work together with the senior management and are key members in the decision making process Actuaries are very well connected within the company, because they work closely with a lot of different departments and management 3 Actuaries have a lot of influence
HIGHLY CONFIDENTIAL DO NOT COPY Claims handlers and data analysts who deliver the relevant claims data that need to be analyzed Underwriters to whom they can deliver the calculated premiums 4 Actuaries work with a lot of different groups
HIGHLY CONFIDENTIAL DO NOT COPY 5 Challenging job thinking outside of the box
HIGHLY CONFIDENTIAL DO NOT COPY Rated as one of the top jobs in the United States The job provides a very good work-life balance Salaries may double within the first five years 6 High reputation / high salary
HIGHLY CONFIDENTIAL DO NOT COPY A dynamic world constantly creates new risks that need to be assessed Actuaries help to manage emerging risks 7 Safe job always high demand for actuaries
HIGHLY CONFIDENTIAL DO NOT COPY The job applies to many LOBs and tasks making it very sophisticated and meanwhile varied and suspenseful Examples Research accounting rules / helping with audits / modelling insurance reserves / drafting of actuarial concepts etc.. Reflected set of skills Research, written and verbal communication, learning on the job and technical core work 8 Extensive job profile
HIGHLY CONFIDENTIAL DO NOT COPY Actuaries help others / actuaries are altruistic and take over a social responsibility People get a good healthcare People are able to protect themselves in old age Actuaries create economic growth 9 Actuaries are very social!
HIGHLY CONFIDENTIAL DO NOT COPY 10 BECOME AN ACTUARY! Now it is up to you, become an actuary!

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1502309026 why should i apply for a job as an actuary 22

  • 1. Why should I apply for a job as an actuary? Group Project August 10th 2017
  • 2. HIGHLY CONFIDENTIAL DO NOT COPY Understanding the nature of the risk is one of THE basic topics for insurance companies 2 Understanding the nature of the risk
  • 3. HIGHLY CONFIDENTIAL DO NOT COPY Actuaries are responsible for the actuarial earnings Actuaries are a key growth driver Actuaries work together with the senior management and are key members in the decision making process Actuaries are very well connected within the company, because they work closely with a lot of different departments and management 3 Actuaries have a lot of influence
  • 4. HIGHLY CONFIDENTIAL DO NOT COPY Claims handlers and data analysts who deliver the relevant claims data that need to be analyzed Underwriters to whom they can deliver the calculated premiums 4 Actuaries work with a lot of different groups
  • 5. HIGHLY CONFIDENTIAL DO NOT COPY 5 Challenging job thinking outside of the box
  • 6. HIGHLY CONFIDENTIAL DO NOT COPY Rated as one of the top jobs in the United States The job provides a very good work-life balance Salaries may double within the first five years 6 High reputation / high salary
  • 7. HIGHLY CONFIDENTIAL DO NOT COPY A dynamic world constantly creates new risks that need to be assessed Actuaries help to manage emerging risks 7 Safe job always high demand for actuaries
  • 8. HIGHLY CONFIDENTIAL DO NOT COPY The job applies to many LOBs and tasks making it very sophisticated and meanwhile varied and suspenseful Examples Research accounting rules / helping with audits / modelling insurance reserves / drafting of actuarial concepts etc.. Reflected set of skills Research, written and verbal communication, learning on the job and technical core work 8 Extensive job profile
  • 9. HIGHLY CONFIDENTIAL DO NOT COPY Actuaries help others / actuaries are altruistic and take over a social responsibility People get a good healthcare People are able to protect themselves in old age Actuaries create economic growth 9 Actuaries are very social!
  • 10. HIGHLY CONFIDENTIAL DO NOT COPY 10 BECOME AN ACTUARY! Now it is up to you, become an actuary!

Editor's Notes

  • #2: Session objectives: The broad elements of the program Interaction establishing expectations for the 2 weeks Understanding their position in the organization Understand what they will walk away with