at what point do these things start counting against me

Originally Posted by JohnLocke

I'd love to see some proof of that

I think saying jobs will be less in the future compared to number of actuaries is a pretty credible statement that shouldn't be dismissed.

Actuary as a profession is becoming more known, certainly it is much more known now than 20 years ago. With investment banking done, a lot of finance people out of jobs, there certainly going to be college students with mathematical aptitude who would of went finance but now will go to the actuarial profession.

Pensions are dying, a lot of those actuaries will move to health/benefits. Life insurers can't be doing too hot as they rely on investments and given the current climate, that doesn't bode well for them. Property cat insurers with mortgage investments certainly have taken a very strong hit, and they will be doing layoffs/cutting expenses in future. The watering down of exams will allow a much larger amount of people to attain credentials, and the computer testing for preliminaries is designed to get more entrants in who otherwise would be discouraged.

Finding a job in actuarial will be much more difficult in the future compared to a couple years ago.

[JohnLocke]

Originally Posted by Phil de cube

I think saying jobs will be less in the future compared to number of actuaries is a pretty credible statement that shouldn't be dismissed.

That's prolly true.


I think TZK believes there are going to be less actuaries though and that the field is shrinking.

[DoctorNo]

Originally Posted by JohnLocke

eh?

It felt right. No single person could have that many wrong opinions.

[LifeAct]

Originally Posted by TZK

I had some trouble finding a job right out of school as well with similar circumstances. I know it's really annoying when your old roomates who chose ezpz accounting degrees are rolling with 40-50k jobs and you are stuck not working waiting for the 1 actuarial opening a month to interview for going through all that effort to find a job and then listening to self important know-nothing schmo's on the actuary board talk about what you probably did wrong (all contradicting each other and failing to make any real logical sense of course).

Bottom line there are total 18 thousand actuariers in the ENITRE UNITED STATES. Thats about 1/50th the size of most well known job fields, and it's been steadily shrinking over time. That means people with experience are having trouble finding jobs. I had to swallow my pride and call special contacts in order to get my first job. If you don't have any, good luck. Listening to those clowns is like watching the fools on financial channels who made a fortune last month talking about how to invest, you know the ones that are going to be on wellfare next month after losing everything. If you really want to know whats up, look at the numbers.

wow. Just wow.

perhaps you lack social skills
perhaps you also lack reading skills, or whatever it takes to look up job postings online. If I wanted to switch my job, I could probably have 5 job offers in less than a month.
If you don't want advice from members of the AO, then don't go to the careers forum looking for advice.
What numbers should I look at? Where will I see the number of Actuaries shrinking? Don't change your story and act like Phil de John and say that it's the jobs that are shrinking. Somebody with the superior intellect that you have types exactly what he wants to type. You stated that there are 18,000 Actuaries in the US and shrinking.

[LifeAct]

Originally Posted by remilard

Fair enough but I wish the CAS members that respected the SOA were as vocal as the members (or I suspect largely prospective members) who defame the SOA.

meh, it' just like the political forum and pretty much the rest of society. The nutjobs are extremely vocal, and the rational people just shake their head in amazement.

Originally Posted by LifeAct

meh, it' just like the political forum and pretty much the rest of society. The nutjobs are extremely vocal, and the rational people just shake their head in amazement.

Here is an example of where a rational person didn't just shake their head, but they stood up for logic and reason.

http://www.actuarialoutpost.com/actu...d.php?t=146468

Originally Posted by bdschobel

You're putting words in my mouth, silly Philly. How about linking to a post?

Bruce

Priceless.

[TZK]

Originally Posted by LifeAct

wow. Just wow.

perhaps you lack social skills
perhaps you also lack reading skills, or whatever it takes to look up job postings online. If I wanted to switch my job, I could probably have 5 job offers in less than a month.
If you don't want advice from members of the AO, then don't go to the careers forum looking for advice.
What numbers should I look at? Where will I see the number of Actuaries shrinking? Don't change your story and act like Phil de John and say that it's the jobs that are shrinking. Somebody with the superior intellect that you have types exactly what he wants to type. You stated that there are 18,000 Actuaries in the US and shrinking.

Huh? The actuarial market has shrunk 10% in the past couple years. Look up department of labor statistics if you don't believe it. If you have experience and live in new york or chicago then you probably are not going to have trouble finding a job. The entry level market that this guy is facing is a different story however.

[TZK]

Originally Posted by LifeAct

meh, it' just like the political forum and pretty much the rest of society. The nutjobs are extremely vocal, and the rational people just shake their head in amazement.

I hate to interject with a dose of reality here but people who just sit on the sidelines and just shake their head don't know anything about anything. They are surprised when the people who know things challenge the established ideas and shake their head in amazement of such people's "arrogance". Then when those same people redefine all standards they stand amazed and adapt to the new "standards" so as not to get left behind. Then eventually they just die without having ever made any signifigant impact on anything. To be honest such people would be more useful if they were just identified at birth and burned as an alternative energy source or something.

Anyone who knows anything has something to say...

[JohnLocke]

Originally Posted by TZK

I hate to interject with a dose of reality here but people who just sit on the sidelines and just shake their head don't know anything about anything. They are surprised when the people who know things challenge the established ideas and shake their head in amazement of such people's "arrogance". Then when those same people redefine all standards they stand amazed and adapt to the new "standards" so as not to get left behind. Then eventually they just die without having ever made any signifigant impact on anything. To be honest such people would be more useful if they were just identified at birth and burned as an alternative energy source or something.

Anyone who knows anything has something to say...

So what's your great contribution to society?