Holy Crap I Passed

Mathlete

Senior member
Aug 23, 2004
652
0
71
Well I took my first giant step toward a career change today when I passed the first actuarial exam on my first try. It's been 7 years since I graduated college so it took me a while to get the hang of studying but I did it. It was by far the toughest exam I have ever taken in my life but a little easier than I thought it would be.

Hooray for school! Hooray for me!!!

Anybody know of anyone hiring actuaries???
 

thereds

Diamond Member
Apr 4, 2000
7,886
0
0
Originally posted by: Mathlete
Well I took my first giant step toward a career change today when I passed the first actuarial exam on my first try. It's been 7 years since I graduated college so it took me a while to get the hang of studying but I did it. It was by far the toughest exam I have ever taken in my life but a little easier than I thought it would be.

Hooray for school! Hooray for me!!!

Anybody know of anyone hiring actuaries???

You're gonna be making some $$$
 

Mathlete

Senior member
Aug 23, 2004
652
0
71
Originally posted by: thereds
Originally posted by: Mathlete
Well I took my first giant step toward a career change today when I passed the first actuarial exam on my first try. It's been 7 years since I graduated college so it took me a while to get the hang of studying but I did it. It was by far the toughest exam I have ever taken in my life but a little easier than I thought it would be.

Hooray for school! Hooray for me!!!

Anybody know of anyone hiring actuaries???

You're gonna be making some $$$

That's the plan

 

thereds

Diamond Member
Apr 4, 2000
7,886
0
0
Originally posted by: Mathlete
Well I took my first giant step toward a career change today when I passed the first actuarial exam on my first try. It's been 7 years since I graduated college so it took me a while to get the hang of studying but I did it. It was by far the toughest exam I have ever taken in my life but a little easier than I thought it would be.

Hooray for school! Hooray for me!!!

Anybody know of anyone hiring actuaries???

Give me a few details on P1. How many questions? Is it all probability? Did you study on your own or did you take classes?
 

Epic Fail

Diamond Member
May 10, 2005
6,252
2
0
Doesn't the big bucks start at the later levels, the tests get exponentially harder towards the end.
 

Mathlete

Senior member
Aug 23, 2004
652
0
71
Originally posted by: thereds
Originally posted by: Mathlete
Well I took my first giant step toward a career change today when I passed the first actuarial exam on my first try. It's been 7 years since I graduated college so it took me a while to get the hang of studying but I did it. It was by far the toughest exam I have ever taken in my life but a little easier than I thought it would be.

Hooray for school! Hooray for me!!!

Anybody know of anyone hiring actuaries???

Give me a few details on P1. How many questions? Is it all probability? Did you study on your own or did you take classes?

30 questions = 3 hrs.
All probability and calculus.
I started studying on my own in July and used 2 manuals: Dr Guo's manual and the ASM manual.
 

Mathlete

Senior member
Aug 23, 2004
652
0
71
The computer just told me that I passed but in Nov I will find out my raw score. 1-10 where 6+ is passing.
 

thereds

Diamond Member
Apr 4, 2000
7,886
0
0
Originally posted by: Mo0o
Is it just Pass/Fail? Or are there percentiles

I don't know but it doesn't matter 'coz companies still only care about if you pass a paper.
 

Mathlete

Senior member
Aug 23, 2004
652
0
71
What's the difference between an American actuary and and Italian one?


The American can tell you how many people will die in the next year and the Italian one can name them!


_____________________________________


How can you tell which actuary is the extrovert?


He's the one looking at your shoes!
 

ChaoZ

Diamond Member
Apr 5, 2000
8,906
1
0
Originally posted by: DomS
what's an actuaries?

Actuary. They work with probabilities. Example: The age you're going to die to do the cost of health insurance for companies.
 

tyler811

Diamond Member
Jan 27, 2002
5,385
0
71
Originally posted by: Mathlete
What's the difference between an American actuary and and Italian one?


The American can tell you how many people will die in the next year and the Italian one can name them!




_____________________________________


How can you tell which actuary is the extrovert?


He's the one looking at your shoes!





 

Gibson486

Lifer
Aug 9, 2000
18,378
1
0
Originally posted by: Saint Michael
I'm assuming this is the most exciting moment in a future actuary's life.

so what is more exciting...

being a CPA or an actuary?
 

Gibson486

Lifer
Aug 9, 2000
18,378
1
0
Originally posted by: Cheesetogo
What was your major in college? Also, what kind of money do actuaries make?

if you are good...you are talking 100K once you get good at the job.
 

Mathlete

Senior member
Aug 23, 2004
652
0
71
Originally posted by: Cheesetogo
What was your major in college? Also, what kind of money do actuaries make?

I was a Math major with a double emphasis in statistics and applied mathematics.

Starting 50-75K

3-5 years 75-100K

10+ years I've seen jobs as high as 160-200 K

Considering I make 30 K a year now it will be a slight salary increase
 
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