[Mathmajors] This week's seminar

[Julie Eaton]

Date:  Thursday February 8, 2007

Time:  12:30-2 pm Denny 304

Speaker:  Toby White, Graduate Student,  UW Statistics Department

Title:  Becoming an actuary

Abstract:
First, the role of an actuary will be defined, since many people do not 
even know what actuaries do! Then, the benefits of actuarial careers will 
be given - why is "actuary" consistently rated one of the best jobs in 
America? Also, from a UW undergraduate perspective, what are some 
attractive reasons to consider becoming an actuary? The current exam 
system will be explained in detail, especially with respect to the first 
couple exams that UW undergraduates can, and should attempt to, pass. In 
addition, classes, majors, and even extra-curricular activities will be 
recommended for students who are even casually interested about pursuing 
an actuarial career. Next, getting an internship and/or a full-time 
entry-level actuarial position will be discussed, including both salary 
range and geographic options. Then, the primary actuarial functions will 
be listed, along with what actuaries actually do on an every day basis, 
and the specialty tracks one can choose as their career progresses. Also, 
the primary differences between working in an insurance company and for a 
consulting form will be addressed. Finally, for those interested in 
competing, but related professions, (accounting, finance, business, stock 
market), a few comparisons will be made.