Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Careers - Employment
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions


Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 04-29-2019, 11:22 PM
snale86 snale86 is offline
Member
 
Join Date: Nov 2008
Posts: 71
Default Don't Enjoy My Job

I'm an FSA in the health field with about ten years of experience working in a consulting firm in a mid-level management role. I've worked for two different companies, one was an insurance firm and the other is a consulting firm. Problem is that I don't enjoy my job as an actuary. I never have I feel like I just repeat the same processes over and over again. No creativity involved and I am so bored. A secondary issue is that I feel I haven't become the expert that I wanted to be- i work for a small consulting firm and dont have too much exposure to other actuaries to learn from. I am considering switching fields to computer programming. But I am conflicted. I've put so much time into this career. Do other actuaries like their jobs? Am I just in the wrong position? Should I change fields?
Reply With Quote
  #2  
Old 04-29-2019, 11:32 PM
whisper's Avatar
whisper whisper is offline
Member
CAS AAA
 
Join Date: Jan 2002
Location: Chicago
Favorite beer: Hefewizen
Posts: 36,895
Default

Short answer: yes
Reply With Quote
  #3  
Old 04-30-2019, 12:50 AM
Westley Westley is offline
Member
 
Join Date: Nov 2001
Posts: 28,683
Default

Yes, maybe, probably.

Would spend some time learning about what computer programmers do day-to-day. If your problems are repeating processes and no creativity, I would say that the average programming job is much worse than the average actuarial job. That said, you may just be in the wrong actuarial job.

If you're considering leaving the field altogether, no reason not to switch to another actuarial job IMO. If you interview and it looks like it could be interesting, take it; if you ultimately say "still hate it", then you probably should leave the field, and the short duration at that job won't really be a hit on the resume so you can move on quickly. Obviously, finding a role you enjoy that will also pay you for your experience and your FSA is ideal, so it's a good gamble.
Reply With Quote
  #4  
Old 04-30-2019, 03:40 AM
GargoyleWaiting's Avatar
GargoyleWaiting GargoyleWaiting is offline
Member
 
Join Date: Sep 2009
Favorite beer: the closest one
Posts: 7,106
Default

Quote:
Originally Posted by Westley View Post
Yes, maybe, probably.


There's a pretty wide variety of jobs that actuaries can end up doing, so it's hard to say whether you should give up on the field entirely.

You need to do your own research and see what appeals to you in a career, what do you enjoy? what are you good at? And then see what sort of role will best meet that. Subject to any geographical/financial/familial limitations you may have.
__________________
Quote:
Originally Posted by UFActuary View Post
But the mosquitoes in New Brunswick Bay of Fundy did mess with my understanding of some limited loss functions
Quote:
Originally Posted by King of the North View Post
Excel gave me #VALUE.

Edit: Nevermind, I was linking a sumif and didn't open the linked spreadsheet. It is now giving me #N/A.
Reply With Quote
  #5  
Old 04-30-2019, 08:15 AM
Maine-iac's Avatar
Maine-iac Maine-iac is offline
Member
CAS SOA AAA
 
Join Date: Sep 2001
Location: The Pine Tree State
Favorite beer: Wine
Posts: 35,315
Default

There's a lot of variety in actuarial work. My first job was a total bust. Not a bad job for someone, but it didn't suit me. Almost gave up on the career, being ignorant and just out of college. But my second and third jobs suited me much better. Went from finance to product pricing, from large image-conscious company, to small friendly companies, from concentrating on one thing to getting broadly exposed to all actuarial work in the company (though the companies were less sophisticated), etc.

So there very well may be another actuarial position that would suit you. Or possibly not. I would suspect you might need to work with a career counselor, because I agree with Westley that programming is everything you don't like about actuarial, multiplied.
Maybe underwriting would suit you? Maybe you need to get away from insurance altogether? Maybe another type of actuarial work would be fine? Not sure, but it sounds like you need to work through what it is you really are looking for, what jobs provide that, and how to get there with your skill set, rather than just jumping from one thing you don't like to another that you might be qualified for but doesn't seem to address your issues. Just an opinion based on your short post, so I could, of course, be way off.
Reply With Quote
  #6  
Old 04-30-2019, 08:54 AM
Locrian Locrian is offline
Member
 
Join Date: Apr 2008
Posts: 1,798
Default

Two is a pretty small sample size. I'd give it another spin, and this time focus on doing something interesting, rather than just pay.
__________________
Spoiler:
Quote:
Originally Posted by Andreas View Post
The most important thing I have learned from the career forum is that the gurus in this field and keepers of supreme knowledge regarding all matters pertaining to the actuarial profession are unlettered actuarial students with < 5 years of experience.
Reply With Quote
  #7  
Old 04-30-2019, 09:04 AM
Arthur Itas's Avatar
Arthur Itas Arthur Itas is offline
Member
CAS
 
Join Date: Feb 2004
Location: Atlanta
Studying for Prostate exam
College: Hard Knocks
Posts: 19,605
Default

Are there things that other actuaries are doing in the health field that sound interesting, creative, or challenging to you? If so, you should be actively working to move your career in that direction. If not, perhaps you should look at a change.
Reply With Quote
  #8  
Old 04-30-2019, 10:51 AM
mathmajor's Avatar
mathmajor mathmajor is offline
Member
SOA AAA
 
Join Date: Dec 2010
Location: Nowhere in particular
Studying for Japanese
College: B.S. Applied Math
Favorite beer: La Croix Grapefruit
Posts: 11,101
Default

What kind of health consulting? I abandoned that ship after 2 years as an FSA painstakingly nitpicking 100-page powerpoints. And shoveling garbage around because, hey, the client won't know better.

Outside the field will probably be a massive pay cut. I'd exhaust your options in the field first. There's a lot of stuff out there.
__________________
FSA, MAAA, MAM
(member, American Mensa)
Reply With Quote
  #9  
Old 04-30-2019, 11:04 AM
Westley Westley is offline
Member
 
Join Date: Nov 2001
Posts: 28,683
Default

Would add that I didn't enjoy being an actuary early on. But even when I started, I could honestly look at what more senior people were doing and say "That looks interesting, I want to do that". Other than my first job (only stayed for a bit over a year), my first ten years in the field it was quite easy to look at the person I was working for and say "That looks interesting, I would like to be doing that".
Reply With Quote
  #10  
Old 04-30-2019, 11:13 AM
Dr T Non-Fan Dr T Non-Fan is offline
Member
SOA AAA
 
Join Date: Sep 2001
Location: Just outside of Nowhere
Posts: 95,456
Default

Perhaps you want to be a...a dentist??
__________________
"Facebook is a toilet." -- LWTwJO
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 11:55 AM.


Powered by vBulletin®
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.15362 seconds with 9 queries