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[quote=Anonymous][quote=Anonymous]Yes. I'm an actuary. My son will take his first exam as a senior in HS. My daughter 2 years behind wants to be a doctor, but I hope she becomes an actuary instead. Her skills in math and intelligence are out of this world. When we play poker her card counting skills are truly amazing.

I'll recommend the job to them because it has good life balance, pays well and has a high barrier to entry.[/quote]

I am also an actuary, and my take is somewhat different.  A high barrier to entry only matters if the companies feel compelled to hire credentialed actuaries.  In reality, you only need a handful of people to sign things, and the rest of the worker bees can be whatever, there isn’t much a bright finance grad can’t learn on the job.  Plus, with the hollowing out of the middle class and democratization of investments, the actuarially intensive products like whole life and IDI are shrinking, and more spread or regulation based arbitrage stuff is in (speaking from the life/annuity side).  [/quote]

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