Assalamualaikum n good day all...today i want to share to all of you what is "ACTUARY"....i think most of you don't know what is ACTUARY right...so if you are interesting to know please just read for a while...just take only 3 to 4 minutes..
Why do you want actuarial???....it have almost 10 reasons such are
- variety work to do
- influential role
- rewards
- recession professional job & hence security
- intellectual satisfaction
- international opportunities
- high standards of works services (quality)
- a good life balance
- challenging
- Glamorous
What Does an Actuary Do???
- Actuaries apply financial & statistical theories to solve real business problems
- use their skills in maths & statistics to create theoretical models of the worlds around them
- understanding how business operate and law legislation affects them (vital)
- but what really sets actuaries apart is their natural maths need & statistic awareness and their ability to apply this to real situations in the financial world.
- the ability to communicate these difficult
- topics to non-specialists is also very important
- actuaries skills are utilised in the following disciplines
- Life insurance
- pension
- takaful
where do most actuaries work???
- PRIVATE SECTOR
- life insurance company
- actuarial department
- takaful
- general insurance
- investment
- bank
- audit firm
- SOCSO
- PUBLIC SECTOR
- Bank Negara Malaysia (BNM)
What does it take to be an actuary
- Determination
- Analytical
- Patient
- Disciplined
- Consistent
- Communicate well
- Business
- Savvy
- Prudent (making assumption about estimate the cost)
Step to become an actuary
- Get A in mathematics, additional mathematics, economics, accounting and English
- Take few SOA external examinations while complete degree (at least 5 papers)
- Complete and good degree
- Final trainee position
- Register as an actuarial student (UK) and gain qualification by passing the examination.
- Enjoy a job anywhere in the world and enjoy life (keep it up)
Stage become a fellow actuary
- Student Association Fellow
- Take the professionally examination paper (from US System)
- Paper P (Probability)
- Paper FM ( Financial Mathematics)
- Paper MFE (Financial Economics Segment)
- Paper MLC (Life Contingencies Segment)
- Paper C ( Construction & Evaluation of Actuarial Models)
- Actuary
JUST ENJOY WITH THIS VIDEO
~~~~~tQ for ReaDing~~~~~~

