pros and cons of being a great actuary essay

Category: Education,
Words: 417 | Published: 03.12.20 | Views: 573 | Download now

Groundwork and study tips

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

1

< Prev post Next post >