Mathematics then actuarial. Or do what I did and complete petroleum and natural gas engineering, work in the industry for two years, then take actuarial exams after COVID makes companies shitcan you and thousands of others, and then actuarial.
Seriously though I am now working as an actuarial analyst in an excess and surplus insurance company and I love it. It gives you a good challenge because it’s not mindless dumb work. At smaller companies where the actuarial team is about 10 people you’ll be regularly communicating with the heads of underwriting departments and even a little bit of the ceo and owner of the company. And I work from 9 am to 5 pm with plenty of time to spare to fix up my motorcycle throughout after work. Something I couldn’t do working 100+ hours in the oilfield. The only time it sucks is when your studying for exams, 300 hours of studying per exam but the company will pay for all your materials and give you 120 hours off to study. If you fail? You will fail exams and they’ll continue to pay you and usually still give you another 120 hours to study for the second try and 60 hours for the third. So yeah it’s pretty sweet.
I should also mention that you will share a lot of job traits as a data scientist, and working on insurance… there’s so many jobs out there for actuaries, just gotta get your foot in the door. Oh and it pays well too, check out dw Simpson salary estimates.
Mathematics then actuarial. Or do what I did and complete petroleum and natural gas engineering, work in the industry for two years, then take actuarial exams after COVID makes companies shitcan you and thousands of others, and then actuarial.
Seriously though I am now working as an actuarial analyst in an excess and surplus insurance company and I love it. It gives you a good challenge because it’s not mindless dumb work. At smaller companies where the actuarial team is about 10 people you’ll be regularly communicating with the heads of underwriting departments and even a little bit of the ceo and owner of the company. And I work from 9 am to 5 pm with plenty of time to spare to fix up my motorcycle throughout after work. Something I couldn’t do working 100+ hours in the oilfield. The only time it sucks is when your studying for exams, 300 hours of studying per exam but the company will pay for all your materials and give you 120 hours off to study. If you fail? You will fail exams and they’ll continue to pay you and usually still give you another 120 hours to study for the second try and 60 hours for the third. So yeah it’s pretty sweet.
I should also mention that you will share a lot of job traits as a data scientist, and working on insurance… there’s so many jobs out there for actuaries, just gotta get your foot in the door. Oh and it pays well too, check out dw Simpson salary estimates.