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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