day in the life of an ACTUARIAL SCIENCE intern at AIG 

Thank you so much for watching! I’m really glad my videos could help you! 😊😊

Thank you for watching! Will do 😊😊

Thanks, David!

Thanks for sharing, Jake! It’s good to hear you’re having a similar experience 🙂

I’m glad my video helped you get some more information about actuarial work! That’s exactly what I’m here for 😊

Thanks so much for watching, José! 😁😁

Hi Tanner! Thanks so much for watching 😃 It’s great that you already have some computer science/data science experience, as coding can be part of an actuary’s job. However, I would recommend taking at least one actuarial exam before getting an actuarial internship for 2 reasons: 1) to see if you like the math that actuaries do and 2) because most actuarial internships require you to have passed one exam. Please check out this video about getting an actuarial internship to find the answers to your other questions! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-p3dIDRsP4Tg.html

Hi! Thanks for watching 🙂When you are beginning your actuarial career, a lot of your free time is spent studying for the actuarial exams. But once you attain your FSA or FCAS and you don't need to study any more, the work-life balance is very good. There are a lot of different roles you can work in as an actuary, along with different industries you can work in. You could definitely find work that is non-repetitive if that is a priority to you. I'd recommend watching this video to hear more about the different kinds of actuarial work: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-AcV-UgdX26Q.html. Generally, though, I think consulting actuaries have the most variation in their day-to-day work, so that could be something to look into. Actuarial work has some overlapping skills with data science, such as data analysis and coding in popular programs like Python. So, you could work as an actuary with a major in data science, but I would recommend taking a few classes in calculus, stats, and/or insurance to make sure that you are on the right track for the actuarial exams.

@@Bella-the-Actuary Thank you so much! You're very helpful. Is there any intersection between actuarial work and working for the community? Or is it mainly just work for the financial and company sectors? Thank you so much! Love your channel.

@@riyascreations4634 A lot of actuarial roles are for insurance companies, so more on the financial/company side of things. But, there are insurance companies that are more "community-focused" - like mutual insurers who gives their shares back to the customers, or insurance companies with unique products such as Trupanion, which does pet insurance. If giving back to your community is important to you, there are definitely actuarial roles/industries you can find for that!

@@Bella-the-Actuary thank you so much! I will definitely look into that :)

Hi Ethan! This is the place to ask any questions you have - I am happy to answer 😊 I had this internship the summer before my senior year of college, so yes - I was still in school! For this internship, my work did tend to use more of financial mathematics because it was in the life insurance space. But actuarial science itself is pretty broad - you can work more with other types of math, like statistics, in property and casualty spaces. Let me know if you have any other questions! Best of luck with your last year of school! 😃

@@Bella-the-Actuary OK thank you! I am from a small town in Iowa. I noticed you are from Wisconsin, but the internship is in California. I do not want to go far from home, so my question is, would it be necessary for me to move to a bigger city? Secondly, how do you go about the actuarial exams? During school or after graduating? Before finding work or during employment? Last question is should I become familiar with excel and/or other kinds of software that might be useful?

​@@ethankoehler870 It is not necessary to move to a big city. Some actuarial/insurance are located in more suburban areas. There is also the opportunity to work fully remote as an actuary! However, a lot of actuarial jobs are located in big cities - but not all of them. It's most common for students to start taking actuarial exams during college. Most entry-level actuarial jobs require that you have passed at least one actuarial exam, and most students graduate with one or two exams. Then, once you get your first full-time actuarial job, you can continue taking the actuarial exams while you're working. I'd recommend you take a look at my video that talks about what kind of coding/technical experience actuaries need. I go over Excel and other software! You can watch it here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-KgOfClkiJtc.html

Hello! Thanks for watching 😊 I found integration and derivatives essential for the first two actuarial exams (P and FM). I would suggest checking if you need to know how to do these things to enroll in the masters program.

That’s so cool! Best of luck and love from the US 🫶🏼

Hi! I have a whole video dedicated to this topic: You can check out my video here to learn more: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-L6T6jMfbW98.htmlsi=Mupu8rAN1GEAYHfd I’d recommend taking math classes like calculus and statistics in high school. I also took some classes that were interesting to me but didn’t relate to actuarial science, and then in college I have taken more actuarial-focused classes. So, I think it’s good to get some exposure to the actuarial field in high school, but college is usually where people do most of their actuarial coursework.

Hello! Let me start off by saying that plenty of actuaries didn't find out about the career path or start taking exams until after college, so it is not too late to switch. It's really great that you found the actuarial club - I'd recommend you keep attending! I would suggest applying for an actuarial internship the summer after you graduate, and tailoring your resume to show your actuarial skills (coding, classes, projects, etc). I would also highly recommend taking your first actuarial exam - either exam FM or exam P. Let me know if you have any other questions! 😊 Best of luck! 🍀

@Bella-the-Actuary Thank you so much, Bella! I appreciate your advice 🫂

@Bella-the-Actuary I will get to studying for those exams LOL

Hi! I think most companies look for a GPA of 3.0 or above, but they also take into consideration how many actuarial exams you’ve passed.

Hi! Actuaries are still very much needed in the field and won’t be replaced anytime soon by AI. A lot of an actuary’s work involves critical thinking and human reasoning, which computers cannot do.

I just made a video about this if you're curious to learn more! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-3dvG1oLfXM0.html

Try checking out this video: How to land your first ACTUARIAL science internship! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-p3dIDRsP4Tg.html

Definitely! Google sheets is not used professionally (at least in the actuarial science field).

@@Bella-the-Actuary thank youu

It really depends on the company! I’d say the usual range is between $20-35/hr for an actuarial intern.

Hey Harshit! I started this internship in June of 2023, and it ended in August 2023!

@@Bella-the-Actuary no I was asking that how much time it took you to get here , I mean when did you decided that you'll preparing for an actuary

Watch this video! ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-p3dIDRsP4Tg.html

Thanks for the tip!

Hahaha 😂😂

Haha 😂😂