I recently saw some actuary ads that hire programmers.
Is it career suicide for an actuary or trainee to take this type of job?
I am a quant with c++ skills and looking to gain some actuary experience while taking exams. Is it advisable to consider these type of work? Will I be able to move to more traditional actuary work after I get ASA/FSA?
Thanks, your comments are greatly appreciated.
Example ad:
Programmer (CUDA, C++/C#), Capital Markets Hedging
JOB DESCRIPTION:
The Modeling and Analytics group, within Capital Markets Hedging is responsible for asset and liability modeling, R&D, analysis, and broad strategic quantitative support of pricing, hedging, and valuation of VA guarantees.
Responsibilities:
Support and develop asset and liability modeling tools that utilize GP GPU technology.
Research and implement complex interest rate, equity, and inflation models used in valuation of domestic and international products and ESG solutions across the company.
Research and implementation of innovative methods in large scale Monte Carlo simulation.
Support analysis and research related to implementation of hedging strategies.
Modeling of new types of insurance products with embedded capital markets risks.
Is it career suicide for an actuary or trainee to take this type of job?
I am a quant with c++ skills and looking to gain some actuary experience while taking exams. Is it advisable to consider these type of work? Will I be able to move to more traditional actuary work after I get ASA/FSA?
Thanks, your comments are greatly appreciated.
Example ad:
Programmer (CUDA, C++/C#), Capital Markets Hedging
JOB DESCRIPTION:
The Modeling and Analytics group, within Capital Markets Hedging is responsible for asset and liability modeling, R&D, analysis, and broad strategic quantitative support of pricing, hedging, and valuation of VA guarantees.
Responsibilities:
Support and develop asset and liability modeling tools that utilize GP GPU technology.
Research and implement complex interest rate, equity, and inflation models used in valuation of domestic and international products and ESG solutions across the company.
Research and implementation of innovative methods in large scale Monte Carlo simulation.
Support analysis and research related to implementation of hedging strategies.
Modeling of new types of insurance products with embedded capital markets risks.
Actuary programmer?
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