Okay so this time
on my blog I will be exploring the career choice of becoming an actuary. Now for those of you that may not know, an
actuary is a person who compiles and analyzes statistics and patterns and uses
them to calculate insurance risks and premiums.
This is something that was just introduced to me not to long ago
actually. My dad gave me the idea one
day while we were watching tv and started explaining to me the kind of work and
reward it would be. At that point, I didn’t
think much of it, but now that I read into things, it seems that it could be
something that I like and could be good at.
I am really good at
strategizing and calculating in my head what I must do first or to do something
next or what would give me the best opportunity to put me in a good
situation. Ask my friends, I’m great at
projecting what I got on a test or assignment in a class and how it will impact
my grade and change what I must do on the next assignment to compensate for
what I would like to achieve. I can get
things down to the exact percent. Also,
one exercise I already do a lot to prepare myself for these actuary-type
situations is play Bloons Tower Defense 4 on my iphone (That game is the
shit). This actually really does help
because it teaches me how to manage certain projects and figure out a plan that
will prove to be most successful both at that moment and in the long run. You should see me, I go hard. You ain’t never seen a better bloonsman than
me. I stay poppin’ them and making bank.
Now as far as the
education goes to become an actuary, there are a lot of necessary courses that
would be of great benefit to you while you’re in school. These classes include finance, microeconomics,
macroeconomics, marketing, computer science classes, calculus, statistics,
communications, and much more. These
classes mainly center around a computer science degree and a business
degree. It is vital to take as many
helpful classes as possible though because it could very much increase your pay
and increase your chances of being hired.
One thing that
really stood out to me though was definitely the starting average salary of
most actuaries right out of college and the salary progression over time. It turns out that most actuaries start of
making around $50,000. According to the
Payscale.com report, the median expected hourly wage for actuaries with between
one and four years of work experience falls between $50,797 and $69,828. That
salary range increases to $73,103 through $103,826 for actuaries with between
five and nine years of work experience. Those who have been on the job for between
10 and 19 years can expect to bring home between $92,748 and $140,528. These are the kind of numbers that I don’t mind
seeing on a paycheck!
Anyways I fell that
being a professional actuary would be a very interesting and fun job that I could
definitely spend my time doing. Also, download BTD4 to your phones now cuz that
game is legit.
