News and Views

From my kids accomplishments, to my heretical perspective of the world

News and Views header image 2

Actuary: The Number One Career

May 2nd, 2013 · 4 Comments

Derek graduated with a BS in Mathematics in December, but even before he graduated he had set his sights on becoming an actuary. This past Monday he began working as an intern at an actuarial consulting firm in Scottsdale (Optumas). It’s a 6-month internship with a probable full-time job offer at some time during that period if both parties like what they see.

Interestingly, last month the Wall Street Journal published a list of “Best and Worst Careers“, and actuary came out number 1, at the top of the list. They based the rankings on “High pay, low stress, a robust hiring outlook, a healthy work environment and minimal physical exertion”.

Here’s another article from CNN about how actuary is “the best job you have never heard of”. The article gives a brief description of what actuaries do.

Actuaries have to pass a series of difficult tests to rise in the field. Most applicants take a test every 6 months to a year, and pass rates are generally less than 50%. In the four months since graduating, Derek has passed the first two tests and will be taking the third next week. However, he warns that now that he is working he won’t have as much time to study and his progress will probably slow significantly. Still, it’s a good start.

Tags: Family Updates

4 responses so far ↓

  • 1 Donna // May 2, 2013 at 6:44 pm

    Congratulations, Derek! When I mentioned his job to a friend, she exclaimed “Wow, I’ve heard that’s a really great job to have!” Maybe she had seen the report you reference.

  • 2 Dale // May 3, 2013 at 8:07 pm

    It is a great job! At the top of the list. Way to go Derek!

  • 3 Mom // May 3, 2013 at 10:58 pm

    Just getting a job in these times is an accomplishment, but getting one in the number one career is a super accomplishment. We are proud that you have joined the working world so well.

  • 4 Richard // May 4, 2013 at 5:01 am

    I congratulated Derek in an email to Daryl, but just realized I should do so here as well so people don’t think I’m ignoring the fact that he did something very commendable. Way to go, Derek.

Leave a Comment