How much can I make in a Career in Actuarial Profession?
Career in Actuarial Profession
LifePage – explains why is Career Counseling important?
Actuarial Profession
I am very curious about a Career in Actuarial Profession. Unfortunately, it is very difficult to find information about What Actuarial Profession actually is. Most pages on the internet just talk about How to get into Actuarial Profession. It had been a while since I was researching about a Career in Actuarial Profession, when I came across:
https://www.lifepage.in/careers/actuarial-professionRomik Rai's professional point of view!
Romik Rai has 9 years of professional experience in Actuarial Profession. Romik Rai has worked in Actuarial Profession as Risk Officer in Ageas SA/NV. In Romik Rai's own words, this is how Romik Rai got into Actuarial Profession: "After completing my Masters in Actuarial Studies from University of New South Wales, Australia, I started working as a consultant with Watson Wyatt Worldwide. I have worked with over 20 financial institutions across Europe and Asia. Currently, I am the Founder and CEO of Greenassets.in which I started in 2015 in India. Greenassets.in is a startup where we promote investments which have a positive environmental and social impact." Romik Rai has a profile in Resume 2.0 format on:
https://www.lifepage.in/page/romikraiCareer Video on Actuarial Profession
In a video, Romik Rai has talked about various aspects of a Career in Actuarial Profession. Romik Rai started by explaining Actuarial Profession as: "An Actuary is a business professional who deals with the measurement and management of risk and uncertainty. These risks can affect both sides of the balance sheet, and require asset management, liability management, and valuation skills. Actuaries use mathematics, statistics, and financial theory to study uncertain future events, especially those of concern to insurance and pension programs." I watched the full video and I absolutely loved it.
We all know that only 10% of what is taught in Actuarial Profession is actually used in real life. The education section of the video clearly explained what is the 10% needed in Actuarial Profession. Romik Rai touches upon these in the Education section of the Video:
Financial Mathematics
Economics
Probability and Stats
Statistical Software
Proficiency in English
Skills are the most important factor determining success in a particular Career.
Romik Rai then explains why these Skills are essential for a Career in Actuarial Profession:
Logic and Reasoning
Problem Solving
Ability to Collaborate
Communication Skills
Positives of this Career are quite interesting.
Romik Rai believes that the following are some of the Positives of a Career in Actuarial Profession:
Monetary Potential
Global Employability
Low Stress
Work Life Balance
Non-Hazardous Job
Challenges define a Career as much as the Positives of the same.
And, Romik Rai believes that one needs to prepare for following Challenges of a Career in Actuarial Profession:
Difficult to Qualify
High level of Concentration
Cause of Public Interest
Specialist, not General
Lifelong Learning
In the final section of the video Romik Rai talks about How a day goes in a Career in Actuarial Profession. This video is by far the best video on a Career in Actuarial Profession, that I have ever come across. To see the full Talk, one needs to install the LifePage Career Talks App. Here is a direct deep link of the Video:
https://lifepage.app.link/20170331-0001Career Counseling 2.0
This video on a Career in Actuarial Profession was an eye opener and it got me very interested to learn more about the LifePage platform. You can engage in Career Planning using LifePage. LifePage is the world’s most evolved Career Platform. You can use LifePage to find your Career Objective. LifePage also offers the most comprehensive Career Planning process. You can use LifePage to explore more than a thousand Career Options. LifePage has the most exhaustive Career List. It is truly Career Counseling 2.0 Every Career Platform in the world talks about How to get into a Career and LifePage starts first with Why you should choose a particular Career. It is an incredible platform focussed on the right topic. Do have a look at:
https://www.lifepage.inSimilar Career List on LifePage
I continued with my research on LifePage and thoroughly studied these links to gain more perspective:
Career in Decision Management
[Business Analyst | G E Corp, Bangalore]
https://www.lifepage.in/careers/decision-managementCareer in Data Analysis
[Senior Associate | Evaldesign]
https://www.lifepage.in/careers/data-analysisCareer in Planning & Statistics
[Chief Coordination Officer | Department Of Planning]
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[Senior Consultant | BFSI Analytics]
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https://www.lifepage.in/careers/data-analyticsCareer in Data Science
[Analytics Consultant | Various Assignments]
https://www.lifepage.in/careers/data-scienceCareer in Data Science & Statistics
[Scientist E | Indian Council of Forestry Research & Education (ICFRE)]
https://www.lifepage.in/careers/data-science-and-statisticsCareer in Data Science
[Data Scientist | EdGE Networks Pvt Ltd]
https://www.lifepage.in/careers/data-science-1Career in Economics & Finance Consulting
[Consultant | Planning Commission of India]
https://www.lifepage.in/careers/economics-and-finance-consultingCareer in Research in Data Science
[Data Scientist | EdGE Networks Pvt Ltd]
https://www.lifepage.in/careers/research-in-data-scienceCareer in Risk Analytics
[Assistant Manager | Barclays]
https://www.lifepage.in/careers/risk-analytics-1Information about other Career Options
The more one learns about Careers the better one is equipped to take a good decision, explore these:
Career in Playing Badminton
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https://www.photo-editing.space/2019/12/is-portrait-photography-good-career.htmlCareer in Direction
https://www.workview.xyz/2020/02/how-do-you-pursue-career-in-direction.htmlCareer in Social Entrepreneurship
https://www.careerinfo.space/2020/01/is-social-entrepreneurship-good-career.htmlCareer in Geology
https://www.pastefs.com/pid/178234Career in Teaching Biology
https://www.pondicherrycareers.xyz/2020/03/what-is-career-in-teaching-biology.htmlInteresting Career Articles
Resume 2.0 – based on functional areas not designations
Resume 2.0 – based on functional areas not designations
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LifePage App – choose a Career in 3 steps
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How and Why of choosing a Career
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3 Fundamental problems with Career Guidance
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Career Counselling in Mumbai
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