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What is an Actuary?
What is an Actuary?
Actuarial students often face this question from their friends, family, and even on job interviews. Here are some helpful links that explain exactly what an actuary does.
This is a great website for learning about the actuarial profession and how to become an actuary.
Famous for it's discussion forums, this site has more than you'll ever want to know about actuaries
Actuarial Links
Actuarial Links
For those interested in insurance, there is information here about a financial training program that can advance your career.
Provides current news, articles, and publications, as well as related discussions and links pertaining to the different sectors of the field.
The "magazine of the actuarial profession," provides on-line articles from the three most recent issues. Visit the site to find industry news, job-openings, and even puzzles.
A link to the official publication of the actuarial profession in the United Kingdom.
A great source for learning more about the actuarial profession, practicing your math skills on challenging daily problems, or even looking for employment openings in the market. A must-see if you're an aspiring actuary.
It links off of Actuary.com, but it deserves a link of its own.
Reviews the details about the job of an actuary.
Other Resources for an Actuary
Other Resources for an Actuary
Employers
Employers
Information on how to set up on-campus recruiting, view student resumes, and present at meetings
How to contact the officers for additional information
Students
Students
The following is a list of actuarial employers that have hired or interviewed a longhorn. Links are also provided for interested students. Please visit Laura Mondino, Actuarial Science Career Advisor, in Painter 5.03 at the College of Natural Sciences Career Services office or send her an email at mondino@mail.utexas.edu to set up an appointment. She can offer you valuable advice on job searching, resume editing and interviewing. Visit the Natural Sciences Career Services website for job openings, as well as help with your cover letters and resumes.
The list is broken down into areas of actuarial practice: Consulting, Life & Health Insurance, Property & Casualty Insurance, and Reinsurance.
Students should familiarize themselves with the difference between all four by reading the following articles:
Actuaries compare and contrast consulting and insurance
Life & Health vs. Property & Casualty
An Actuarial Outpost discussion
Reinsurance is basically insurance for insurance companies (primary insurers). (Reinsurance vs. Primary Insurance)
What to keep in mind:
The majority of the jobs in Texas are in consulting (more Life & Health than Property & Casualty)
2/3 of all actuarial jobs are located in IL, CT and NY
Companies that are hiring in Texas are marked with a (TX) next to their names
L&H denotes that the company has a Life & Health practice
P&C denotes that the company has a Property & Casualty practice
Note that Life & Health includes Pension & Retirement
Consulting
L&H
Chicago Consulting Actuaries (TX)
L&H
L&H, P&C
P&C
L&H, P&C
L&H
L&H, P&C
L&H, P&C
L&H
L&H, P&C
L&H
L&H, P&C
L&H, P&C
L&H, P&C
Life & Health Insurance
Property & Casualty Insurance
American National Insurance (TX)
The Hartford Financial Services Group
Reinsurance
L&H, P&C
L&H, P&C
L&H
L&H
L&H, P&C
L&H, P&C
P&C
L&H, P&C
Others
L&H, P&C
L&H, P&C
Conference of Consulting Actuaries (CCA) Job board
What is it?
The CCA has created a job board to help connect students to members of the CCA that have employment opportunities (both internships and full-time offers).This is a great opportunity for students to get their names out to smaller firms that may not have the resources required to take a day off and present on campus.
How Can You Use It?
Sumbit your resume and cover letter to Shannon Peterson (speterson@ccactuaries.org).
Your resume and cover letter will be posted on the Job Board site.
You will be notified that your resume is posted.
Companies will contact you via the contact information on your resume.
Important things to know:
Your resume and cover letter will only be posted for 6 months at a time.
Six months from the initial posting, you will be notified to renew the posting on file or post a new resume.
It is your responsibility to let the CCA know that you have received a job, if you do, so that they can remove your posting.
For any additional questions, please send an email to Shannon Peterson (speterson@ccactuaries.org).
Studying for Exams
Take advantage of every resource available to pass the exams on the first try. Study outside of the courses UT offers and ask other students what study resources worked for them.
Contact the officers to borrow a study manual
Coding
Coding
Coding is a very valuable skill to actuarial recruiters and employers. Take classes to improve upon your coding skills, and utilize these resources to make an impression at your internship or first job after college.
Registration Tips
Registration Tips
Need some tips for registration:
Need some tips for registration:
Exam Changes
Exam Changes
Many changes are happening to the curriculums for both the SOA and CAS tracks. Make sure to check out the SOA and CAS websites for more details..
Actuarial Ninja
Actuarial Ninja
This site provide miscellaneous information on actuarial exams and careers. Their main focus is on careers and providing tips and tricks to prepare students for the professional world.
P Exam Resources
P Exam Resources
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