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Old 02-13-2018, 09:50 PM
expatmath expatmath is offline
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Default Should I wait to take exams or start now (career changer)?

Hi everyone. Im a math teacher in my mid-30s who currently lives outside of the US. I have been teaching now for just over 8 years and would now like to pursue work as an actuary. There are many posts regarding switching careers, so I know it is possible even at my age. However, I was hoping that someone could advise me as to what sort of timeline I should be looking at in regards to taking the preliminary exams.

I have both a B.A. and M.S. in Mathematics (concentration in mathematical statistics) and currently teach Business Calculus and Statistics at a local community college. Due to my current teaching contract, I cannot accept an entry-level actuarial position until the summer of 2020. That said, I have taken practice exams for both the P and FM tests, and only missed a few questions on each. I am confident that I could pass these as early as the next testing dates. However, I am concerned that having that much of a gap between the first two exams , the IFM exam (which would probably take me till Spring 2019 to study for), and when I can look for a job (mid-2020) would reflect poorly on me as a candidate. Does this make any sense, or am I just overthinking things? Should I take all three exams closer to when Id be able to look for a job, or is there no harm in spreading them out over the next 2 years?

Thanks so much.
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Old 02-13-2018, 10:40 PM
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Marcie Marcie is offline
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What happens if you break your contract?
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Old 02-13-2018, 10:41 PM
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I take it your looking to move back to the States with the career change?
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Old 02-13-2018, 10:42 PM
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So, you could start working an actuarial job in summer 2020, and your plan is to start looking in mid-2020?
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Old 02-13-2018, 10:43 PM
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Did any of the many posts you read about switching careers mention taking exams before switching?
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Old 02-13-2018, 10:43 PM
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Have you read any of the many threads/posts on here about the difficulty breaking into the profession that many ELs seem to be having these days?
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Old 02-13-2018, 10:44 PM
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Why do you want to pursue work as an actuary?
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Old 02-13-2018, 10:45 PM
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Which field of actuarial work interests you most?
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Old 02-13-2018, 10:45 PM
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Why do you want to leave teaching?
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Old 02-13-2018, 10:45 PM
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pc ++;
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ASM does not have a discussion of stimulation, but considering how boring the manual is, maybe it would be a good idea.
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