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  #21  
Old 02-10-2017, 03:22 PM
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lack of geographic and industry diversity are the biggest downsides, imo
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  #22  
Old 02-10-2017, 03:42 PM
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lack of geographic and industry diversity are the biggest downsides, imo
What type of people work in the actuarial industry when you say lack of diversity? Is everyone white?
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  #23  
Old 02-10-2017, 03:48 PM
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What type of people work in the actuarial industry when you say lack of diversity? Is everyone white?
no there are also some Chinese
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  #24  
Old 02-10-2017, 04:02 PM
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What type of people work in the actuarial industry when you say lack of diversity? Is everyone white?
I'm not sure if this is a joke, but if it isn't - what I meant was that if you want to be an actuary, you better enjoy working with insurance and insurance accessories.
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  #25  
Old 02-10-2017, 04:02 PM
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I think the point was "lack of... industry diversity". Or at least, that's a big downside IMO.

Basically, actuaries work in, consult to, advise, and deal with other problems in the insurance industry. Contrast with an accountant that can work in the insurance, or can "specialize" in financials (including insurance, banks, and investment management) or be a generalist, working in financials, entertainment, etc. Similar for law, consulting, IT, etc - all have benefits to specialization (and most people eventually specialize), but they are very broad to start and can stay that way if they want.

ETA: :ninja:
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  #26  
Old 02-10-2017, 04:06 PM
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Originally Posted by Colonel Smoothie View Post
I'm not sure if this is a joke, but if it isn't - what I meant was that if you want to be an actuary, you better enjoy working with insurance and insurance accessories.
lol it wasnt a joke... oops
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  #27  
Old 02-10-2017, 04:22 PM
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I'm not sure if this is a joke, but if it isn't - what I meant was that if you want to be an actuary, you better enjoy working with insurance and insurance accessories.
Yeah actuaries are very specific to insurance industry. But, good thing is that companies like Uber and Google are starting to hire some actuaries. I have no clue what actuaries do there. But, probably a little different from what actuaries do at insurers.
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  #28  
Old 02-10-2017, 04:35 PM
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Yeah actuaries are very specific to insurance industry. But, good thing is that companies like Uber and Google are starting to hire some actuaries. I have no clue what actuaries do there. But, probably a little different from what actuaries do at insurers.
I know an actuary who works at Google (hi ). I was told they have a captive that needs actuarial work done.
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  #29  
Old 02-10-2017, 04:44 PM
Dr T Non-Fan Dr T Non-Fan is offline
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Originally Posted by hjacjswo View Post
Yeah actuaries are very specific to insurance industry. But, good thing is that companies like Uber and Google are starting to hire some actuaries. I have no clue what actuaries do there. But, probably a little different from what actuaries do at insurers.
Drive their Honda Civics?
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  #30  
Old 02-10-2017, 04:50 PM
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Another downside I need to point out.

Besides geographic limitation, this is a small industry, if you burn bridge somewhere and most people don't like you, chances are you may have hard time finding another suitable job.
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