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How to become an actuary? Those with satisfactory answers will receive 100 bonus points.
Many universities have specialized graduate programs in actuarial studies (such as National People’s Congress, Central Finance and Economics, Nankai University, etc.)
First of all, I suggest you take as many quasi-actuarial exams as possible during your undergraduate studies . For undergraduate actuarial students, it is ideal to pass all Junior Actuarial Examinations during their undergraduate years. But if your undergraduate major is not actuarial science, it may be difficult to achieve, so just do what you can. I once took a class, and the teacher was an actuary from an insurance company. He told us: Don’t have the idea of ??working and taking exams after the age of 30. I saw too many people who couldn’t persist because the pressure was greater at that time. Much more. Her words are for reference only.
Work experience is very important. It would be ideal if you can find an internship job after passing several actuarial exams. Insurance companies have very high and cautious requirements for recruiting talents for actuarial positions. Experience is valued even more than exams. In North America, you can basically find a job with two actuarial exams. The company will continue to train you, give you training, pay for your exam fees, and encourage you to pass more exams. But experience is what they value first. Because actuaries are at the helm of insurance companies.
You must have no problem with mathematics, as you have an undergraduate degree. But actuaries also require strong statistical, financial and computer backgrounds. Almost all insurance companies will ask you if you have programming or database experience when recruiting for actuarial positions.
The most authoritative institutions in actuarial science should be the Society of Actuaries (SOA) in North America and the British Institute of Actuaries. Personally, I think the North American Society of Actuaries is slightly better. After all, the actuarial profession should have started in the United States. The website of the North American Society of Actuaries is www.soa.org, which contains detailed examination requirements for SOA certified actuaries.
If you choose to be an actuary, of course you have to work in an insurance company. Government departments may also need actuarial talents. China's social security funds are developing, and talents in this area are definitely needed. The North American Actuarial Society has a special "pension" actuary certification.
Because I studied actuarial science in North America, I am not sure what the requirements are for actuarial qualification certification in China, but I suggest you consider North American or British certification qualifications first. China has two SOA exams every year. Because China’s actuarial certification qualifications are not recognized anywhere except China. It would be even better if you can go to a foreign university to study actuarial studies as a graduate student. I know many people from the National People's Congress and the Central Bank of Finance and Economics who went to graduate schools abroad. But this depends on individual circumstances.
In short, this learning process is very long. To be honest, if you have never majored in actuarial science as an undergraduate, you will have certain difficulties. Of course, if you work very hard and are very capable, you can definitely do it. Go to Taobao to search for SOA exam materials. ACTEX and ASM are the most commonly used exam manuals. It will help you pass the exam. At least have an idea first.
Finally, I wish you success!
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