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How to become an Actuary
Rating: 4.5 out of 5(363 ratings)
8,209 students

How to become an Actuary

A guide on how to get into the greatest profession
Created byMichael Jordan
Last updated 10/2020
English
English [Auto],

What you'll learn

  • Understand the process of getting into the actuarial profession

Course content

2 sections11 lectures1h 13m total length
  • What is an Actuary?3:12

    Understand how actuaries make financial sense of an uncertain future by combining financial insight, statistics, and business value, with math as essential fitness that enables broad career opportunities beyond insurance.

  • Should you become an Actuary?5:23

    Explore why actuarial science demands long study, high costs, and personal sacrifice, and how the journey can reshape thinking or lead to alternatives like accounting or data science.

  • Which School subjects to choose6:38

    Prioritize mathematics as the foundation, with calculus and science, and develop IT skills (Java or Python) to prepare for actuarial study.

  • Which University course to choose9:04

    Choose a university with an actuarial program and an agreement with the actuarial profession to secure exam exemptions, and focus on subjects that grant exemptions like statistics and financial math.

  • Which Actuarial Society to join5:24

    Join the right actuarial society for your country, weighing mutual recognition agreements and local versus international options. Consider exam requirements and fees as you plan your professional path.

  • Getting your first Actuarial Job10:26

    Avoid recruiters; apply directly to actuarial training offices to gain supervision from a fellow actuary, secure study leave for exams, and acquire transferable software skills.

  • Which Subjects to Specialise in8:51

    Explore how to choose two actuarial specialty subjects, including life and general insurance, investment, and enterprise risk management, and prepare for challenging fellowship exams that lead to fellow actuary status.

  • Understanding Work Based Skills7:07

    Master work-based skills for actuaries by meeting three components—time in the field, documented competence with admin tasks, and workshops—while keeping a portfolio and supervisor sign-off.

  • Understanding Continued Professional Development4:32

    Engage in CPD as a lifelong commitment for actuaries. Attend workshops and conferences, read journals, and volunteer to stay current with the profession and artificial intelligence and machine learning developments.

  • Starting the Actuarial Journey right now3:51

    Start your actuarial journey now by enrolling in statistics, finance, and business courses aligned with the new curriculum, and boost your exam success.

Requirements

  • No prior knowledge is required

Description

Actuaries make financial sense of an uncertain future.


In this course we look at the following:

  1. What is an Actuary?

  2. Should you become an Actuary?

  3. What subjects at school should you choose?

  4. What university course should you enroll in?

  5. Which actuarial society should you join?

  6. How to get your first actuarial job

  7. Which actuarial subject should you specialize in?

  8. What is Work Based Skills?

  9. What is Continued Professional Development?

  10. How to start becoming an Actuary today

Who this course is for:

  • Anyone interested in becoming an actuary