Catastrophe Modeling Analyst

[stickyslamp]

Hye all. I have got a job offer as in the title above. Anyone know the future of this job? Am I able switching to other area after 3 years? If can what kind of area? Is there any demand from the skill I will get in other area? I am about to make a decision that will change my life and my career. Please enlighten me about this Catastrophe Modeling job as I am new and clueless in this kind of line.

[jwhitaker]

Better future than actuarial analyst. Take the job. There is high demand for this skill in the insurance industry.

You could probably switch to a regular actuarial analyst position as soon as you'd like. The work might be as interesting, probably less, you will have to take lots of exams and you will be gaining skills with declining demand, instead of increasing. But hey, maybe you like exams. Also, you will always have the option of transitioning into the food service industry.

What is your current career?

[stickyslamp]

Are you serious? That is a relieve to hear. Currently I am in the education field. Do you know any other field, beside actuarial, that I can apply the skill I'll gain from this job?

[jwhitaker]

Sticky,

You seem like a nice guy, but I'm not sure how you landed this job being so g-darn clueless.

Attention desperate EL job seekers!: You are needed in the CAT modeling field.

[AAABBBCCC]

I have no idea how you got this job considering you are currently a teacher. Are you teaching in college? Do you have an advanced degree in something like earth sciences?
I dont get it...

+1 you do seem clueless.

+1 These roles seem more interesting, but I might be way off.

[McGrady]

be nice- maybe OP has a phd & working in ivy league university as a prof. . Those alone could land him a cat modeling job(without an interview).

Originally Posted by jwhitaker

Sticky,

You seem like a nice guy, but I'm not sure how you landed this job being so g-darn clueless.

Attention desperate EL job seekers!: You are needed in the CAT modeling field.

[The Right]

Originally Posted by McGrady

be nice- maybe OP has a phd & working in ivy league university as a prof. . Those alone could land him a cat modeling job(without an interview).

That makes it worse.

[Annie Howe]

I was wondering the same thing

[Westley]

The future looks bright for cat modeling. However, it is more specialized than a "regular" actuarial position, which makes your skills less transferable if the future turns out not as bright as it currently appears. Let's say technology or government involvement makes cats less significant or less financially risky, you might find it harder to switch to another area as cat jobs disappear, while somebody in a more "mainstream" actuarial position could move around more easily.

But really, if you just read the first sentence, that's pretty much what you need to know.

[stickyslamp]

Originally Posted by Westley

The future looks bright for cat modeling. However, it is more specialized than a "regular" actuarial position, which makes your skills less transferable if the future turns out not as bright as it currently appears. Let's say technology or government involvement makes cats less significant or less financially risky, you might find it harder to switch to another area as cat jobs disappear, while somebody in a more "mainstream" actuarial position could move around more easily.

But really, if you just read the first sentence, that's pretty much what you need to know.

The job offered is not in US and from my research it might be the first kind in my country. So it is new here. The fact that it is more specialised make me worried in case they transfer their operation outside my country, hence I have to move out to find another related job.