Is the Associate Actuary Examination in English?

The quasi-actuarial exam is conducted in Chinese in China, while the international actuarial exam is in English. Do you want to take the actuarial exam?

I can tell you clearly, don’t just follow the advice of the online media. If you are not very suitable for actuarial work, and you just read online that actuaries are well paid, then just follow the crowd. It’s better not to pass the exam. . . . .

1. Actuaries have been overly praised in recent years. More and more people are applying for the exam, but the passing rate is only a very small percentage, so it is becoming more and more difficult to take the exam.

2. According to authoritative estimates, China will need about 5,000 actuaries in the future. Currently, there are more than 2,000 associate actuaries. There are less than 100 internationally certified actuaries. However, the actuarial exam is extremely difficult. It’s difficult. Although I haven’t passed the exam (because you need more than 3 years of work experience to take the exam), no quasi-actuary I know has been able to pass the exam.

3. Most people can only get one associate actuary in the end. There are now more than 2,000 associate actuaries in our country. With the increasing number of applicants, it is estimated that the number may double in two years. So for those who are taking the exam now, the situation will be very different once they pass the exam. . . .

4. Tell the poster clearly that I was admitted as an associate actuary in 2008, and now my monthly salary is 7,000. I also have friends who passed the exam but were not hired by companies. Currently, the only companies in my country that need actuaries are The insurance industry, unlike abroad, requires actuaries in many industries. . . You can search on the China Talent Network, but you won’t find any companies recruiting actuaries.

5. Nowadays, so many people are taking the actuary exam, and it seems that the real money is made by actuarial training institutions and actuarial certification institutions. . .

If you really want to take the exam, you should think again!