Question

Considering leaving the actuarial profession. What are some interesting fields you've heard of former actuaries going into? How did they get into the new field?

Answer 1

I had a former teammate at a prior role who was 1 exam away from fellowship. He left to become a farmer… granted, this was in the Midwest and his family owned some land but everyone was in disbelief when he resigned.

Answer 2

I know some actuaries who left to teach or work for one of the actuarial exam prep companies.

Answer 3

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Answer 4

I kid you not, a guy at my company got his fellowship, and then a year after became a priest. So like, you feel the holy spirit?

Answer 5

Most common one is data analytics

Answer 6

If you like stats/programming, data science or software engineering would be the way to go. If not, I think you'll be hard pressed to find another job in the business realm that excites you more than actuarial work (based on the fact that you said you enjoyed the exam process im assuming you enjoy hard math/problem solving, which just isnt really much of a thing in business roles).

Answer 7

If you want more technically challenging math you might want to consider stuff like financial risk management? I am not sure wether you would have to enter that industry at a lower level of seniority than what you are at currently, but actuarial exams will definitely be considered as a qualification.

Answer 8

Why are you considering leaving? I'm studying to get into the profession and I'd love some perspective.

Answer 9

What kind of role are you in now? Personally I’ve always been in consulting because I enjoy having a variety of projects (and at least boring projects have an end date!), but it ends up being more communication driven in the long term (meaning: spending time communicating results in memos and reports) than technically challenging.

Answer 10

World needs plenty of bartenders