pros and cons of being a great actuary essay
Intro
I actually. Good evening to Ms. Parimala and my guy classmates.
II. The topic of my display today is definitely Advantages and Disadvantages to be an Accountant general. What is a great actuary?
Experts in risk management
Uses numerical skills to measure possibility and go up of foreseeable future event Valuable information to many industries
III. The advantages of being an actuary areHigh earning potential
Corporate and business respect received
IV. However , the disadvantages are
Examination requirements for advancement
Demanding and work
Content
A. Advantages
a. Excessive earning potential
Actuaries makes earnings well endowed
Basic level work frequently pays among $45000 and $55000
Median gross annual salary intended for an actuary was $87600 according to Bureau of Labor Statistics Actuaries are well compensated, which in turn vary significantly according to years of encounter, industry and responsibilities Refer to the income chart, experienced fellows with 10 years experience have potential to earn via $130000 to $500000
m. Corporate admiration
Actuaries earns extensive respect in the business and economic community Actuaries often control a good amount of respect from fellow colleagues Actuaries get authority within a company and company environment Actuaries deals with high-level strategic decisions which can have a positive effect on legislation and businesses
W. Disadvantages
c. Examination requirements for advancement
It is a everything process to be a qualified insurance broker, on average of 5 to10 years Besides the degree program they had completed in university, they have to pass every one of the professionals SOA exam documents Upon graduating, there will still be hundreds of several hours of examine and alterations all the while still having to go to operate d. Demanding and effort
Daily routine of the actuary can be a rather stress filled ordeal, staying dealt with several tasks of analyzing record data Offering reports and explaining their particular implications to managers and directors within just specific deadlines Considering the risk of financial decisions for organisations is some level of pressure Continuous of stress may rather be tedious, experience meaningless and pretty uninteresting Conclusion
My spouse and i. In conclusion, I would really prefer to end my personal presentation by saying 2. Summary of main points
a) Advantages
High earning potential
Gain in company respect
b) Disadvantages
Exam requirements to advance
Nerve-racking and diligence
3. Q & A
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