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When searching for a new actuarial role, consider the time of year you apply. Actuaries are more likely to look for jobs during specific months. At the beginning of the year, many are waiting for bonuses typically paid in April. During summer, hiring slows as both hiring managers and candidates take vacations. In autumn and after exam results, hiring accelerates. More actuaries seeking new positions leads to increased job openings. What does this mean for you as a candidate? If you’re considering a move early in the year, you’ll find fewer candidates in the market. This might increase your chances of landing a good role, and you could possibly negotiate a signing bonus instead of a regular performance bonus. As we enter the post-summer months, expect hiring to increase, bringing more job opportunities. To find your next actuarial role, keep an eye on Acturhire! #actuaryjobs #actuarycareers #interviewadvice

Forget fancy gadgets and capes, actuaries wield the power of complex calculations and data analysis! Their expertise in risk management is in high demand across various industries, from insurance and finance to healthcare and consulting. This translates to some of the highest paying careers out there, with actuaries consistently ranking at the top of salary surveys. So, if you're good with numbers and want a financially rewarding path that offers stability and growth, actuarial science might be your kryptonite... of career indecision! #ActuaryLife #STEMCareers #FinancialSecurity

Forget fancy gadgets and capes, actuaries wield the power of complex calculations and data analysis! Their expertise in risk management is in high demand across various industries, from insurance and finance to healthcare and consulting. This translates to some of the highest paying careers out there, with actuaries consistently ranking at the top of salary surveys. So, if you're good with numbers and want a financially rewarding path that offers stability and growth, actuarial science might be your kryptonite... of career indecision! #ActuaryLife #STEMCareers #FinancialSecurity

Here's 9 reasons for your ✨daily inspo✨ to become an actuary: 1. Median actuarial salary in 2022: $113,990 💵  2. 23% actuarial job growth by 2030 (which is much faster than average) 📈 3. Actuarial unemployment rate is, on average, below 1% (national is 4%) 📉 4. Actuaries can work across the US and globally 🌎 5. Flexible work options: remote, hybrid and in-person roles 💻 6. Actuarial jobs are recession resistant, so less likely to be laid off ✅  7. Actuaries have control over their own salaries by taking more or less exams each year 📝 8. Actuaries have the opportunity to help insure some of the world’s newest technologies/risks (cybersecurity, climate change, self-driving cars, etc.) 🤩 9. Actuaries have lowest divorce rate in the country ❤️ (I just recently learned this from Tiffany Myers, FSA, EA, MSEA's post) Am I missing any? 😄 #actuary #actuarialscience #actuarial #actuarycareers Sources: https://lnkd.in/gBiUVEsW https://lnkd.in/gyJQQ6pF

Make that decision today to pursue your Actuarial dreams.

📚🤓 ACTUARY 101 🤓📚 🧠 What Do Actuaries Do? 🧠 Actuaries are specialists in evaluating risk. They collect and analyze tons and tons of past data and use it to predict what might happen in the future. They usually work in insurance, where they can analyze past insurance claim data to estimate how many future claims the company can expect. Insurance companies need this info to calculate fair premiums, and make sure they have enough money to pay out future claims. That's why actuaries are so important. Without them, insurance companies would probably go bankrupt! ⌚ How Long Does it Take to Become an Actuary? ⌚ Assuming you already have a Bachelor's degree, it'll take you about 5-10 years to become fully qualified. But remember, most of this time will be spent in an actuarial job! It's possible to get your first actuarial job in under a year, even if you have no experience or related skills yet! In fact, I'm holding a free training next Monday to teach you exactly how to do it. Scroll to the bottom of this post for the details! 🚀 Where Do I Start? 🚀 Here are the first four steps I recommend if you're a total beginner: 1. Get a Bachelor's degree (if you don't have one yet) 2. Learn Excel and a programming language 3. Start getting related experience in a job like underwriting or data analysis 4. Start studying for your first exam I'm holding a live training on Monday to teach you all about this in WAY more detail! If you're considering becoming an actuary, this is the perfect training for you. You'll learn the exact steps that have helped 100s of other future actuaries get hired, even with roadblocks like a low GPA, starting late, or not having much free time. You can click here to learn more and sign up: https://lnkd.in/esJ84MxR When you attend, you'll learn the exact steps that have helped other future actuaries (including me!) get their first actuarial jobs. I can't wait to see you there!! #actuary #actuarialscience

This is the first in a series of 'What do you want to be?' 🌟 #1 When I was a kid I was asked 'What do you want to be when you grow up?' all the time. It's a truly terrible question. The inference is that what you are now is not what you should be in the future, and I'm not sure that's a good lesson for kids. It's a pretty 'old fashioned question, which hasn't changed much since I was young. I always thought Spiderman was a good option. Or maybe a soldier? Anyway, what do you want to be? An Actuary... Actuary: A Career Path Overview An actuary is a professional who evaluates, manages, and advises on financial risks using mathematics, statistics, and financial theory. This role is pivotal in insurance, banking, and finance sectors, where making informed decisions on risk management is crucial. Responsibilities Analyzing data to assess risk and determine probabilities Developing financial products Advising on investment strategies and risk reduction Collaborating with IT to develop systems for regulatory compliance Salary (global average in US$) Entry-level: $25,000 - $35,000 Mid-career (Qualified): $40,000 - $55,000 Senior-level: Over $60,000, with potential for $200,000+ at director levels Education Degrees in actuarial science, mathematics, statistics, business, finance, or related fields. Certifications: Completion of professional exams for actuaries. Skills High numeracy and analytical skills Excellent communication and problem-solving abilities Proficiency in IT and statistical software What to Expect Work in insurance, pensions, investment management, etc. Opportunities for flexible and part-time work arrangements Continuous learning through professional exams Professional Development Path to becoming a qualified actuary through exams and practical experience Opportunities to specialize in areas like risk management or investment Career Prospects Rapid progression to managerial roles Flexibility to switch specializations within finance and insurance sectors Developing fields like enterprise risk management offer board-level positions Target Employers Financial services industry, especially insurance companies and consultancies Government Actuary's Department for public sector advisory roles 🚀 Looking to navigate your career path towards becoming an actuary? Please contact jameshickman@searchmarkets.com for information about our fractional services or visit www.searchmarkets.services #Actuary #CareerPath #FinancialRisk #ProfessionalDevelopment #searchmarkets Let's hear from those who've walked this path! Share your journey or tips for aspiring actuaries. 📈✨

Thinking about a career in actuarial science? 📊 Discover the essential skills that can set you apart and help you thrive in this competitive field. From analytical prowess to advanced statistical knowledge, here's what employers are really looking for: 🔹 Strong Analytical Skills 🔹 Advanced Statistical Knowledge 🔹 Proficiency in Software Tools 🔹 Effective Communication 🔹 Attention to Detail Ready to boost your actuarial career? Dive into our latest blog to learn more about these crucial skills and how to develop them. 🚀 Read the full article here: https://lnkd.in/g4fyQScc . . . . . . . #ActuarialScience #CareerTips #ProfessionalSkills #uHire #ActuarialJobs #DataAnalysis #CareerGrowth