“Should I become an insurance actuary?”
“Isn’t insurance boring?”
“Is insurance a good industry to work in longer term?”
Source: Occasional Aspiring Actuaries.
Every year I give a number of talks to students interested in a career in Actuarial Science.
At times I’ve been asked questions, similar to the above, regarding the insurance industry.
Contrary to popular belief, I happen to think that insurance is a great industry for people to work in.
Insurance is not perfect, but it does provide a valuable societal value and insurance is continuing to embed exciting technology solutions and improve as a service offering. And the insurance actuary is likely to play a key role in the insurance world for the foreseeable future.
I’ve summarised most of the points I usually touch on, in the infographic below.
Would you agree? Do you have anything else to add?
Help me to sell a career in insurance to the next generation of actuaries!