What is an Actuary? New York University Actuarial Society Wednesday, February 8 th , 2017
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What is an Actuary?New York University Actuarial SocietyWednesday, February 8th, 2017
Agenda• What is an actuary?
• Actuarial Exams
• Courses to pursue
• Insurance and Consulting
• SOA vs CAS
• A day in the life of an Actuary
• Professionalism
• Upcoming dates and deadlines
What is an actuary?What do they do? Why are they important?
Actuarial ExamsHow to become an actuary.
Actuarial ExamsActuarial Exam
Exam P/1 Probability
Exam FM/2 Financial Mathematics
Exam MFE/3F Financial Economics
Related NYU CourseSTAT-UB 14: Introduction to the Theory of Probability
STAT-UB 27: Mathematics of Investment
FINC-UB 43: Futures and Options
At a future event, we’ll discuss all the courses recommended for aspiring actuaries
Where do actuaries work?
Insurance vs. Consulting
Insurance• More exam-based • 40 hours/week• Usually consists of pricing
& reserving Consulting
• More client facing • Longer hours • Some non-traditional
actuarial work
SOA vs. CASSociety of Actuaries• Life, Health and Retirement
• 5 preliminary exams (soon to be 6)
• 25578 members
Casualty Actuary Society• Property & Casualty
• 7 preliminary exams
• 6532 members
A Typical DayIs there even such thing as one?
Why be an actuary?
ProfessionalismWhat to say, what to do, and how to act around the professionals.
RemindersWhat’s next?
Upcoming Dates & Deadlines• Underclassmen Liaison
� The last date to apply for underclassmen liaison is tomorrow!� Thursday, February 9th, 2017
• Spring Mentorship Program� Don’t forget to sign up to be a mentor or mentee!
� Tuesday, February 14th, 2017
• P&C Presentation� Wednesday, February 15th, 2017
• Oscar Health Insurance Presentation� Wednesday, February 22nd, 2017
Thank you!Questions, Comments, Concerns?
Email [email protected]
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Follow us on Instagram! @nyuactsoc
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