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  #1  
Old 07-16-2019, 06:57 PM
johnsummers johnsummers is offline
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Default Is an Investment Analyst job (ALM) considered an actuarial job?

This job is at a life insurance company. I want to get my first actuarial job and they are looking for someone with a degree in actuarial science (I don't, I'm a career changer) but I'm not sure if this job is even considered an actuarial job. Should I just wait for an Actuarial Analyst job? What job titles should I be looking for as an entry level actuary?
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Old 07-16-2019, 07:40 PM
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Originally Posted by johnsummers View Post
This job is at a life insurance company. I want to get my first actuarial job and they are looking for someone with a degree in actuarial science (I don't, I'm a career changer) but I'm not sure if this job is even considered an actuarial job. Should I just wait for an Actuarial Analyst job? What job titles should I be looking for as an entry level actuary?
Does the job description mention actuarial exams at all, either in the job requirements or prerequisites? Is a study program or support for exams mentioned?

Based on job title alone, it's difficult to say whether it's an actuarial position or not. The position could be actuarial in nature, or it could be primarily investment oriented, in which case, a CFA may be more applicable.
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Old 07-16-2019, 08:39 PM
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If they’re looking for someone with an actuarial science degree there’s a good chance the job is actuarial in nature.
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Old 07-16-2019, 08:44 PM
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If it's ALM, then mostly yes.
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Old 07-16-2019, 09:09 PM
johnsummers johnsummers is offline
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Originally Posted by wat? View Post
Does the job description mention actuarial exams at all, either in the job requirements or prerequisites? Is a study program or support for exams mentioned?



Based on job title alone, it's difficult to say whether it's an actuarial position or not. The position could be actuarial in nature, or it could be primarily investment oriented, in which case, a CFA may be more applicable.


No, actuarial exams arenít required. Also, the required degree can be either actuarial science, statistics, or math. Support for exams wasnít mentioned in the job posting but from my interview, they do provide that. The job description includes the following:
- coordinate with the actuarial department for asset-liability matching
- new funds research
- monitor economic developments
- implement ALM strategies

Does the fact that there is a separate actuarial department mean the job isnít actuarial in nature? How is an investment analyst job that isnít actuarial in nature different from one that is? Most importantly, would this job be helpful for advancing my actuarial career (whether or not it is actuarial)? Iím thinking it would be given that my current job is completely unrelated (geophysicist at an oil & gas firm) but Iím also considering just continuing with the job search for a few months (itís been a little over a month) and wait for an actuarial analyst job.
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Old 07-17-2019, 02:09 AM
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Support for exams wasnít mentioned in the job posting but from my interview, they do provide that.
If they provide support for actuarial exams, they consider it an actuarial job.
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Old 07-17-2019, 05:37 AM
The_Polymath The_Polymath is offline
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If they provide support for actuarial exams, they consider it an actuarial job.


Could be a role for both CFA/FIA. So both supported.

This is common in the ALM space.
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Old 07-17-2019, 01:29 PM
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Can you afford to wait??
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Old 07-17-2019, 08:18 PM
johnsummers johnsummers is offline
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Can you afford to wait??


I am currently employed so yes.
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Old 07-17-2019, 08:25 PM
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Do you think it's better than what you have?

"Better" is your own definition.
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