I currently for a major bank in quantitative risk management space. I am a female in my early 40s. I have a CFA. Before banking I worked in software development. I am more and more drawn to an actuarial career for its stability, lower stress and long term career prospects.
I did a couple in person interviews for some mid level actuarial position (before FSA but not entry level either). Some actuaries are supportive. Some question me why I want a career change. I have following questions, please provide your inputs:
1. Is actuarial career still possible for me given my age and background? I have not taken any exams yet.
2. I got a couple phone and in person interviews, is this a good indicator of my prospects in the field? Or actuaries just want to see somebody with interesting backgrounds?
3. Should I make the plunge now or wait until I pass all ASA exams? I hope if I pass all ASA exams I could land a more senior position and so not steep pay cut.
4. Is it possible to work as an actuary in 60s or 70s? with my student loan and a career change, it seems I would have to retire late.
Many thanks for your inputs.
I did a couple in person interviews for some mid level actuarial position (before FSA but not entry level either). Some actuaries are supportive. Some question me why I want a career change. I have following questions, please provide your inputs:
1. Is actuarial career still possible for me given my age and background? I have not taken any exams yet.
2. I got a couple phone and in person interviews, is this a good indicator of my prospects in the field? Or actuaries just want to see somebody with interesting backgrounds?
3. Should I make the plunge now or wait until I pass all ASA exams? I hope if I pass all ASA exams I could land a more senior position and so not steep pay cut.
4. Is it possible to work as an actuary in 60s or 70s? with my student loan and a career change, it seems I would have to retire late.
Many thanks for your inputs.
A career change?
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