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How to become an actuary? How is the treatment?
Actuaries are not as good as reported. According to widely circulated reports, 5,000 will be needed in the future, but now there are only a few dozen. This is very inaccurate. At present, there may be about 900 actuarial practitioners in China. Optimistic estimates for the future include 1,000 to 1,500.
And countless people take the exam every year. When looking for a job, they find it difficult to get started. No one is willing to hire people without experience because training new people is troublesome. There is recruitment for fresh graduates, but not many people have been recruited.
So there is a shortage of actuaries, a shortage of senior actuaries. Advanced level is not tested by exam, but by work experience plus exam. Exams alone count for nothing.
I did not pass the exam so I apologize for any inaccuracies. Associate Actuary MS 8 or 9. There are 15 courses for an actuary? Including the number of associate actuaries. You can search online.
As for the salary, the annual salary is one million. That's Hong Kong. The starting salary for college students in China is 4,000-6,000, and graduate students may get 7,000 (depending on the company, there are also graduate students with 4,000 yuan)? In the future, if you take one more exam and then another, you can earn an annual salary of 100,000-300,000 yuan in about 3 years (I can’t remember where I saw it). I think 120,000 yuan should be about the same, because it will be almost the same after taking all the exams.
Besides, MS exams in North America are more recognized, while those in China are less recognized. Recognition refers to issues such as exam reimbursement, exam salary increases, etc.
I suggest you search, there may be experienced people in actuarial forums who can talk about it, because I'm not experienced enough
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