Advantages and Disadvantages of Being an Actuary Essay

IntroductionI. Good good afternoon to Ms. Parimala and my confrere classmates.II. The topic of my presentation immediately is Advantages and Disadvantages of Being an Actuary. What is an statistician?Experts in gamble managementUses mathematical skills to measure hazard and rise of future event reclaimable information to many industriesIII. The advantages of being an actuary are High earning likely collective respect receivedIV. However, the disadvantages arescrutiny requirements for publicity disagreeable and hard break awayContentA. Advantagesa. High earning potentialActuaries makes incomes intumesce above numberEntry take aim work commonly pays between $45000 and $55000 median(a) annual salary for an actuary was $87600 harmonise to Bureau of Labor Statistics Actuaries are easily compensated, which vary signifi female genitalstly according to age of experience, industry and responsibilities Refer to the salary chart, go through fellows with 10 years experiences devour potential to earn from $130000 to $500000b. Corporate respectActuaries earns good respect in the business and monetary community Actuaries often command a good degree of respect from fellow co-workers Actuaries are given authority in spite of appearance a company and corporate surroundings Actuaries deals with high- direct strategic decisions which can have a positive impact on legislation and businessesB. Disadvantagesc. Examination requirements for advancementIt is a long and hard process to be a qualified actuary, on average of 5 to 10 years in any case the degree program they had completed in university, they need to pass all the professionals SOA trial run papers Upon graduation, there will unchanging be hundreds of hours of study and revisions all the composition still having to go to work d. Stressful and hard workDaily rule of an actuary can be a rather stressful ordeal, being dealt with legion(predicate) tasks of analyzing statistical data Presenting reports and explaining their implications to managers and directors within particular deadlines Considering the risk of financial decisions for employers is some level of stress Continuous of stress can rather be tedious, feel purposeless and pretty boring ConclusionI. In conclusion, I would like to end my presentation by saying II. Summary of chief(prenominal) pointsa) AdvantagesHigh earning potentialGain in corporate respectb) DisadvantagesExamination requirements for advancementStressful and hard workIII. Q & adenosine monophosphate A