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Is it easy to take the associate actuary exam?
Question 1: Is it easy to take the actuary exam? Actuaries need a solid foundation in mathematics and various professional knowledge; after becoming an actuary, you need continuing education to maintain your qualifications. Bo Weimin, who graduated from the Department of Mathematics at Fudan University in Shanghai, is one of the first in China to pass the North American Actuarial Society exam. He said that it is normal to take seven or eight years to pass the actuary's examination, but the example of Bo Weimin who failed to pass the examination after more than ten years was the case. Actuaries require a solid foundation in mathematics and a wide range of professional knowledge; after becoming an actuary, continuing education is required to maintain qualifications. Bo Weimin, who graduated from the Department of Mathematics at Fudan University in Shanghai, is one of the first in China to pass the North American Actuarial Society exam. He said that it is normal for seven or eight years to pass the actuary exam, and it is not uncommon for Bo Weimin to fail to pass the exam after more than ten years. "Although you can take the actuarial exam with a bachelor's degree, those who pass the exam often graduate from mathematics or statistics." Liu Donghong, director of the Actuarial Office of the Insurance Association of China, told reporters. Liu Donghong believes that the actuary examination requires professional skills and knowledge in mathematics and economics, and has high requirements for talents. This is also a means to ensure the quality of actuaries. According to reports, the difficulty of mathematics subjects in China's actuary examination is even higher than that of other similar international examinations. In order for China's actuary qualifications to be recognized in other countries in the future, a competent actuary not only needs to have a solid foundation in mathematics, but also needs to master economics, statistics, finance, finance, management, law, computers, etc. Professional knowledge and difficult exam thresholds are indispensable. Bao Hongjian, an actuarial consultant at the Sino-US Metropolis, told reporters that there are currently different examination systems for actuarial examinations in the world, such as those in North America, the United Kingdom, Australia, Canada, etc., as well as the Chinese actuarial qualification examination system established by drawing on the experience of the United Kingdom and the United States and other countries. The only thing they have in common is that they all need to pass a very difficult exam. It is not easy to pass the actuarial examination and obtain the actuary qualification in two or three years. There are many examples of people who took about 10 years to pass the actuary exam, and there are also many people who failed to do so even after more than ten years. In fact, the most difficult part of being an actuary is not the exam, but the accumulation of practical work experience and the pressure of lifelong learning. Actuarial examination systems of various systems include continuing education content. The continuing education of an actuary includes participating in various lectures, forums, annual meetings, making contributions to the organization, paying membership dues, etc., and maintaining the qualification by earning "points" for each item. Otherwise, the qualification will be revoked after a few years.
Question 2: How difficult is the associate actuary exam? Is it significantly different from the associate actuary exam? A7 is really easy for LZ, and A4 is not difficult just by reading the textbook. The remaining subjects require higher mathematics, such as financial mathematics, life insurance actuarial science, and non-life insurance actuarial science. However, according to LZ’s learning ability, 2 -3 years is absolutely fine~ There are textbooks for sale on Taobao, you can just search for the Chinese Actuarial Qualification Examination books~
Question 3: Is the Associate Actuarial Examination difficult? A7 is really too easy for LZ , A4 is not difficult to read, just read the textbook. The remaining subjects require higher mathematics, such as financial mathematics, life insurance actuarial science, and non-life insurance actuarial science. However, according to LZ’s learning ability, 2-3 years is completely sufficient. It is available on Taobao For those who sell teaching materials, you can just search for the Chinese Actuary Qualification Examination books~
Question 4: If you do not take the Actuary Qualification Examination, is it necessary to take the Actuary Qualification Examination? I am a Chinese Actuary Qualification Examination. There are 8 subjects in the associate actuary exam. After passing the associate degree, you have to work for three years before you can continue to apply for the actuary exam. About two or three more subjects are required. The Associate Actuary Examination has relatively high requirements for mathematics. If the university major is far from the majors of Mathematical Statistics and Actuarial Insurance, it is best not to take the exam. It is too tiring and useless. By the time it becomes useful, you will probably be older. . When I was an undergraduate student six years ago, I started applying for the exam after listening to the saying on the Internet that actuary was the most lucrative career in the future. Only now do I realize it was all nonsense.
First, there are many subjects, the exams are difficult, and the cycle is long. It will take at least five or six years to become an actuary. Second, given the current situation in the country, there is no need for so many actuaries. Just imagine how many actuaries there are in the country. An insurance company headquarters. Up to now, there are about 2,000 associate actuaries and actuaries in China, but the most popular ones are actuaries, and associate actuaries are not well paid. A classmate who is an associate actuary and has a master's degree can only earn less than 10,000 per month in Shenzhen. .
If you think you have ideals, energy, determination, and endurance to apply for the actuary exam, then apply for a certified public accountant. The quasi-actuary is too imaginary, and the actuary is too illusory. A certified public accountant is a skill-based tool for finding a job.
Please add: The textbooks are sold in various online bookstores
Question 5: Is it easy to take the actuary exam? It is not easy!
Question 6: Is there any master who has been seen by Chinese quasi-actuaries? 24,000 yuan will be returned in 160 days
24,000 ÷ (300000x5/10000) = 160 days
One-day rebate: 300000x5/10000=150 yuan
Taking 480 million yuan as an example, how can the calculation result be different and give an example
Question 7: Is the associate actuary exam difficult? ? Where can I sign up? In fact, actuarial salary is not as high as most people think. For an actuary who has worked for 10 years, many people only earn 500,000-600,000 yuan before tax a year. Of course, after 10 years of working, the income is very high. Depends on opportunities such as rank, there are many colleagues who earn several million per year at higher levels, but I won’t discuss it here for now. I just want to say that the most average actuarial worker can only earn 500,000-600,000 per year. In many industries I can get this amount without having to take that stupid actuarial exam.
Question 8: How to get an actuary exam? If you are not a math major, it will definitely be difficult to take the exam. I am a parent of a student. My son studied this major in France. During his master's degree, he worked as an intern in the actuarial department of an insurance company for 1 or 5 years. After a three-day internship in Tianjin, a master graduated with a salary and stayed in the company. I looked at the actuarial exam subjects. He learned them all in college. France does not take the actuarial exam. After working for 2-3 years, apply to the company to take the actuarial exam. You can become an actuary after passing the training, interview and examination of the Institute of Actuaries. Mathematics and computer science are difficult exams for college majors, but you need to study for 2 more years. The first few domestic exams are easier, but you need to learn and practice in actuarial positions to pass the exams. How many courses should you take in college? It is best to enter after graduation. Actuarial Department, take the exam while working and studying, I wish you success
Question 9: Is it difficult to take the actuary exam? First of all, to correct your thinking, an actuary needs more than just mathematical knowledge, it is a comprehensive Specialized occupations.
The difficulty level of actuaries in the UK is different from that in China. In China, the difficulty of quasi-actuarial and actuarial exams is relatively balanced. In the UK, the exams become more difficult, that is to say, the early quasi-actuarial exams are relatively easy, while the subsequent actuarial exams are relatively easy. The test is relatively difficult, not that mathematics is difficult, but the questions are mainly subjective and difficult to answer.
If you go abroad, I suggest you take the North American actuarial exam directly, which is more authoritative. It’s just that the registration fee is relatively expensive and the difficulty is relatively high, but as long as you have a good English foundation, you should be able to persevere.
Question 10: Employment issues for associate actuaries. 1. Actuarial science is not as easy to pass as you think. It becomes more difficult as you go further. Science majors can easily understand mathematics, but they will get stuck on economics to a certain extent.
2. Although the salary of actuaries is high, the employment opportunities are actually very narrow. Insurance companies can recruit insurance agents of hundreds or thousands of people at a time, but only a handful of actuaries are recruited every year, and experience in this industry is very important. The treatment of those who join the industry later will be worse than you think. Moreover, apart from the insurance company, the actuary's certificate is of little use. It is very different from the lawyer's or insurance association's certificate.
3. When large insurance companies recruit actuaries, they usually favor graduates from certain strong financial schools, such as Renmin University, Nankai University, China Finance University, etc. In addition, graduate degrees are often required, and it is very likely that they will be recruited in the future. become standard.
This is not to say that your ideal will not be realized, but I hope you will think clearly about the difficulty of the problem before making this determination. Actuarial science is a difficult subject to learn and master. If you choose this subject, your energy will basically be wasted. Taking up most of it, it’s hard to take care of anything else.
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