CAREERS
Advice
Love maths and solving problems?
A career as an actuary could be perfect for you T
he Institute and Faculty of Actuaries (IFoA) is the UK’s professional body dedicated to educating, developing and
regulating actuaries based all over the world. It offers several qualifi cations aimed at developing you into a business professional with an actuarial skillset within the fi nancial and wider industries. IFoA’s qualifi cations are a gateway into
a career in banking, investment, insurance and fi nance, as well as industries around hot topics like artifi cial intelligence, climate change and big data.
A head for fi gures If you love maths, analysing data and statistics, and if you are good at solving problems, then a career as an actuarial professional will be just right for you. You typically need to have a maths A-level for an actuarial role but there are lots of opportunities for you no matter what path you choose.
Identify your core skills – you are only limited by your imagination A professional qualifi cation will enable you to work in many industries in many varied roles. Actuaries are moving into wider fi elds like nuclear decommissioning, oil and gas industries, disaster risk management and microinsurance.
But what is an actuary? An actuary is a professional who works within the business and fi nancial sector.
Dom Thurlow Actuarial trainee at First Actuarial Meet IFoA at
stand B180 at What Career Live? and get yourself an ‘I love maths’ badge!
“During my time studying at Loughborough University I successfully applied for a position on First Actuarial’s summer placement programme. It was the fi rst real experience I had of what an actuary is and what the role entails. I found the work interesting and challenging, which was exactly what I wanted from my career, and I was fortunate enough to gain a place on the graduate programme after college.”
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WhatLive.co.uk Spring 2018
They use their great mathematical, statistical, probability, modelling, numerical and problem-solving skills to model and predict the risk before business decisions are made. A qualifi ed actuary can work anywhere in the world within many industries and sectors. What’s more, a career as an actuary has once again been voted a top career by CareerCast.
What will a professional qualifi cation give you?
• A head start in a career of your choice • Professional recognition • Improve your earning potential • The skills to make you stand out from the crowd
• The benefi ts of membership of a professional body • A step onto the career ladder of your choice
If you can do the maths and pass the exams then an actuarial career will be right for you! l
Halima Michelle Sadiq
Risk application manager at Zurich Insurance
“I believe the Certifi ed Actuarial Analyst (CAA) qualifi cation makes me stand out in the IT insurance job market, where employers were not looking for a fully qualifi ed actuary to manage their actuarial IT systems but someone with an IT background and a good understanding of actuarial work. The CAA meant I have the qualifi cation to demonstrate this understanding.”
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