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Old 04-29-2011, 08:45 PM
captain_epsilon captain_epsilon is offline
Join Date: Apr 2011
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Default p&c vs. pension vs. life & health

Suppose the P&C track were selected. Is there any way to switch to finance later on? My questions are the same for the other two categories.

I'm wondering because there's no way to know from the outset whether actuarial science might become monotonous after awhile causing the P&C actuary to wish that he could switch into a finance career later for a change of pace. Well frankly I just don't know what to expect. Why is there a trend for people to enter pension or life & health tracks, according to a DW Simpson recruiter, who informed me that the P&C salaries were higher because most want the opportunity to switch into finance? Are those people under a misguided belief that they could piggyback actuarial science to enter finance or are there other considerations involved such as contingency planning if they grow weary of actuarial science or something?
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Old 04-29-2011, 09:54 PM
JMM773 JMM773 is offline
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I work in Valuation (Reserving) in a Finance Department for Life Insurance. Another analyst worked in a location which was an extension of my department. Their office was closed and she was moved in the company from being an actuarial analyst to a financial analyst in a different role / department.

I would feel confident that I could switch to a financial analyst role in a few years after another actuarial finance rotation.
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Also, you know you're over obcessed with Exam MFE when you go out for Chinese food (study break) and when the server tells me my Asian food Options on the menu, I ask if they are arithmetic or geometric options.
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