{"id":27,"date":"2017-04-10T15:44:08","date_gmt":"2017-04-10T20:44:08","guid":{"rendered":"https:\/\/pages.stolaf.edu\/actuaryclub\/?page_id=27"},"modified":"2024-01-25T14:10:18","modified_gmt":"2024-01-25T20:10:18","slug":"what-is-an-actuary","status":"publish","type":"page","link":"https:\/\/pages.stolaf.edu\/actuaryclub\/what-is-an-actuary\/","title":{"rendered":"What is an Actuary?"},"content":{"rendered":"<p>An actuary helps organizations plan for the future and protect themselves from loss. \u00a0By understanding the very nature of risk, actuaries\u00a0play a key role in the psychological, physical, and financial stability of society. \u00a0With their\u00a0help, businesses can grow, retirees can invest with confidence, and people can enjoy peace of mind. \u00a0<a href=\"http:\/\/beanactuary.org\/what\/\">More info found on BeAnActuary.org<\/a><\/p>\n<h1>Why be an actuary?<\/h1>\n<p>The actuary career has consistently been rated as one of the top professions in the United States, with salaries doubling within the first five years. \u00a0Because actuaries deal with risk management, even during economic crises they are in high demand for employment. \u00a0Their\u00a0expertise can be applied to almost every business setting, from low-level accounting to high-level management. <a href=\"http:\/\/beanactuary.org\/why\/\">More info found on BeAnActuary.org<\/a><\/p>\n<h1>How do I become an Actuary?<\/h1>\n<p>To become an Actuarial Associate or an Actuarial Fellow, one must pass several actuarial exams covering topics ranging from probability to insurance. \u00a0There are two tracks to becoming an Actuary, the Casualty Actuarial Society (CAS) and the Society of Actuaries (SOA). \u00a0Each track begins with the same 2 exams, then diverge in topics once you start looking at the advanced exams. \u00a0The CAS track is said to be more mathematically inclined, dealing mainly with property and casualty risk exposures. \u00a0The SOA track focuses on life and health risk management, as well as predictive business analytics and investments. \u00a0Learn more here: <a href=\"https:\/\/en.wikipedia.org\/wiki\/Actuarial_credentialing_and_exams#United_States\">Wikipedia &#8211; Actuarial Credentialing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An actuary helps organizations plan for the future and protect themselves from loss. \u00a0By understanding the very nature of risk, actuaries\u00a0play a key role in the psychological, physical, and financial stability of society. \u00a0With their\u00a0help, businesses can grow, retirees can invest with confidence, and people can enjoy peace of mind. \u00a0More info found on BeAnActuary.org &hellip; <a href=\"https:\/\/pages.stolaf.edu\/actuaryclub\/what-is-an-actuary\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">What is an Actuary?<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2177,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-27","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/pages.stolaf.edu\/actuaryclub\/wp-json\/wp\/v2\/pages\/27","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pages.stolaf.edu\/actuaryclub\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/pages.stolaf.edu\/actuaryclub\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/pages.stolaf.edu\/actuaryclub\/wp-json\/wp\/v2\/users\/2177"}],"replies":[{"embeddable":true,"href":"https:\/\/pages.stolaf.edu\/actuaryclub\/wp-json\/wp\/v2\/comments?post=27"}],"version-history":[{"count":6,"href":"https:\/\/pages.stolaf.edu\/actuaryclub\/wp-json\/wp\/v2\/pages\/27\/revisions"}],"predecessor-version":[{"id":172,"href":"https:\/\/pages.stolaf.edu\/actuaryclub\/wp-json\/wp\/v2\/pages\/27\/revisions\/172"}],"wp:attachment":[{"href":"https:\/\/pages.stolaf.edu\/actuaryclub\/wp-json\/wp\/v2\/media?parent=27"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}