Can I apply for an actuary if I am not good at math?
Although actuaries deal with numbers every day, the requirements of actuaries for mathematics are not as high as everyone thinks, and there is no problem that they can't pass the actuary's exam if they are not good at mathematics. Simply put, the essence of actuarial science is actually statistical data, which is basically completed by actuarial procedures. Actuaries are basically programmers who become code. Although their mathematical calculation ability is not good, they must have good logical thinking ability if they want to become a qualified quasi-actuary.
What do actuaries do every day?
Different from accounting, the employment direction of actuaries is basically biased towards the insurance industry in the financial industry. Basically, actuaries work in insurance companies. In addition to calculation, actuaries need to master a lot. The course materials cover statistics, accounting, economics, financial mathematics, programming, financial management and other professional knowledge. About the daily work of actuaries, it is mainly to design and program the new products of insurance companies, and to calculate the policy premiums accurately to ensure the accuracy of the calculated data.
What abilities does a good actuary need?
1, communication skills
Most actuaries are not good at communication and expression, and even rarely communicate with others. In fact, actuaries need to communicate in many aspects in their daily work. Only with good communication and expression skills can we effectively reduce misunderstandings in our work, thus avoiding detours and making our work smoother. Therefore, if you want to be an excellent actuary, it is the first task to strengthen your expression ability.
2. Improve the ability to solve problems.
In daily life, actuaries will inevitably encounter more or less problems in their work. In order to become an excellent actuary, they need to have the ability to calmly deal with and solve problems. Only those who really solve all kinds of problems can get praise and recognition from colleagues and business leaders, give play to their advantages in the workplace, and the chances of promotion and salary increase will be greatly increased.