Replying to Becoming an actuary/thoughts on the actuarial profession
Sup fellas.
I'm entering my sophomore year of college and trying to figure out what I want to do for the rest of my life. My brother is entering his senior year, and has decided to become an actuary. He has already passed the first actuarial exam and is well on his way to passing the second.
Meanwhile, I have been researching this career and I am definitely interested as well. I have always been a super-strong test taker and, like most people, want to make a shitload of money. For those who don't know, being an actuary is basically a guaranteed six figures by the time youre 30, and many consulting actuaries make 300k+/year. The unemployment rate for actuaries is ridiculously low. And unlike finance/working on wall street, being an actuary (depends what sector) is relatively unstressfull and only requires about 40 hrs/week. Most actuaries retire very early.
However, the tests are not easy. There are 10 of them and the general rule is they require 400+ hours of studying each. When combined, they are harder than the bar (but telling bitches you passed the bar is way cooler because most people don't know what an actuary is). My brother passed his first after 25 hours and I figure I can pass with similar hours of studying.
Plus, math and business have always been my strong suits.
Basically, I'm thinking about being an actuary for about 20 years or so and then retiring with a boatload of cash and becoming a ski instructor or volunteer adaptive ski instructor and skiing for the rest of my life.
Anybody here familiar with the actuarial profession? I have been lurking around actuarialoutpost.com but thats the perspective of a bunch of nerdy actuaries for the most part.
I know the majority of you are 12-15 years old but I know there's some people with developed brains on here.......
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