This is a great representation of what its like to be an actuarial intern. We love giving interns automation work to help improve processes & expose interns to a bunch of different files 😊
Bella I love watching your videos. I am currently a freshman majoring statistics and your videos help me a lot on what to expect when doing internships. Thank you for this.
This actually sounds a lot like my actuarial intern life right now. Coming from uni, its a major shocker you barely touch or hear of R studios being used as work. Its mainly prophet modelling, data conversion tools, excel VBA and now Alteryx. I don't even see ANYTHING i learnt at uni being in the life insurance department
Please keep filming videos about your internship. I am going to study actuarial science at college next month and there is definitely not enough information on the internet about actuarial work in general.
Hey Bella! I am a college student majoring in Computer Science and I originally wanted to be a Data Scientist but now I am thinking of switching to becoming an Actuary. How did you land your internship, was there any websites or other methods that you used ? I am currently working as a Data Quality Analyst while in college, would I need to take some exams before applying to any actuary internships? Any tips you have would be very appreciated!
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! th-cam.com/video/p3dIDRsP4Tg/w-d-xo.html
Hey Bella, your internship for that company looks awesome! I got a ton of questions involving actuarial science, but I don’t want to annoy you with them all😂. Were you still in school when you started this? Do you use mainly financial mathematics? I have a year left of school and I am going for a math major with concentration in actuarial science.
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: th-cam.com/video/KgOfClkiJtc/w-d-xo.html
Hii I'm a student of +1 commerce from india,can u please help me Can i do CA and Acturial science both. Is there any benefit of it. I don't know what to do I'm confused 😵💫
Do you enjoy actuarial work, like is there a good balance between free time and work, and do you like doing the various projects assigned to you? I am wondering if it might be repetitive or not interesting while choosing a career. Is it similar to data science a lot, and if I were to major in data science, would I be able to work in the actuarial science field or would I need to take more math classes? Thank you for the insightful and great video. Appreciate your content!
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: th-cam.com/video/AcV-UgdX26Q/w-d-xo.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!
I am Bachelor of business administration Graduate , I Studied Algebra, Geometry & Mensuration , Probability P&C, Arithmetic , Numbers , Logarithm In maths But I never learn Calculas in my life i dont know how to solve Integration or derivative limitz etc , So should i avoid Masters in acturial science course Or I can manage that much ?
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.
Hi Bella, I'm currently an undergrad finance major working as a finance and accounting intern, but I was recently exposed to a workshop hosted by the actuarial club I recently joined, and tbh it caught my attention. I want to explore more opportunities. Is there any advice you can give me on how to pursue actuarial science internships or something along those lines. I will be a senior this upcoming fall, so idk if it's too late to switch interests. Any advice would help!
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! 🍀
Hi! I have a whole video dedicated to this topic: You can check out my video here to learn more: th-cam.com/video/L6T6jMfbW98/w-d-xo.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.
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.
This is a great representation of what its like to be an actuarial intern. We love giving interns automation work to help improve processes & expose interns to a bunch of different files 😊
Bella I love watching your videos. I am currently a freshman majoring statistics and your videos help me a lot on what to expect when doing internships. Thank you for this.
Thank you so much for watching! I’m really glad my videos could help you! 😊😊
Wow this is great, Bella. I just found your video and it was nice interning with you in California.
Thanks, David!
Thank you for your channel. Please keep uploading this type of content🥺❤
Thank you for watching! Will do 😊😊
This actually sounds a lot like my actuarial intern life right now. Coming from uni, its a major shocker you barely touch or hear of R studios being used as work. Its mainly prophet modelling, data conversion tools, excel VBA and now Alteryx. I don't even see ANYTHING i learnt at uni being in the life insurance department
Thanks for sharing, Jake! It’s good to hear you’re having a similar experience 🙂
Please keep filming videos about your internship. I am going to study actuarial science at college next month and there is definitely not enough information on the internet about actuarial work in general.
I’m glad my video helped you get some more information about actuarial work! That’s exactly what I’m here for 😊
Hi, great video, I'm also an Actuary in México, but rignt now I work as Data Analyst
Thanks so much for watching, José! 😁😁
Hii ma'am, I want to talk to you regarding how can I be an actuary.
Hey Bella! I am a college student majoring in Computer Science and I originally wanted to be a Data Scientist but now I am thinking of switching to becoming an Actuary. How did you land your internship, was there any websites or other methods that you used ? I am currently working as a Data Quality Analyst while in college, would I need to take some exams before applying to any actuary internships? Any tips you have would be very appreciated!
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!
th-cam.com/video/p3dIDRsP4Tg/w-d-xo.html
I am amazed, only 7 hours and it seems to be an empty office 😮
Hey Bella, your internship for that company looks awesome! I got a ton of questions involving actuarial science, but I don’t want to annoy you with them all😂. Were you still in school when you started this? Do you use mainly financial mathematics? I have a year left of school and I am going for a math major with concentration in actuarial science.
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: th-cam.com/video/KgOfClkiJtc/w-d-xo.html
Hii I'm a student of +1 commerce from india,can u please help me
Can i do CA and Acturial science both. Is there any benefit of it. I don't know what to do I'm confused 😵💫
hey that was quite cool ..im from india currently in high school and want to pursue actuarial science . hope to become one like you 😄
That’s so cool! Best of luck and love from the US 🫶🏼
Do you enjoy actuarial work, like is there a good balance between free time and work, and do you like doing the various projects assigned to you? I am wondering if it might be repetitive or not interesting while choosing a career. Is it similar to data science a lot, and if I were to major in data science, would I be able to work in the actuarial science field or would I need to take more math classes? Thank you for the insightful and great video. Appreciate your content!
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: th-cam.com/video/AcV-UgdX26Q/w-d-xo.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 :)
I am Bachelor of business administration Graduate , I Studied Algebra, Geometry & Mensuration , Probability P&C, Arithmetic , Numbers , Logarithm In maths But I never learn Calculas in my life i dont know how to solve Integration or derivative limitz etc , So should i avoid Masters in acturial science course Or I can manage that much ?
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.
Hi Bella, I'm currently an undergrad finance major working as a finance and accounting intern, but I was recently exposed to a workshop hosted by the actuarial club I recently joined, and tbh it caught my attention. I want to explore more opportunities. Is there any advice you can give me on how to pursue actuarial science internships or something along those lines. I will be a senior this upcoming fall, so idk if it's too late to switch interests. Any advice would help!
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
Can you please tell me wich subjects l should choose in high school in oder to be able to study actuarial science in university
Hi! I have a whole video dedicated to this topic: You can check out my video here to learn more: th-cam.com/video/L6T6jMfbW98/w-d-xo.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! Is mastering excel better than google sheets?
Definitely! Google sheets is not used professionally (at least in the actuarial science field).
@@Bella-the-Actuary thank youu
What can be the minimum Cgpa for Actuarial science students?(Based on 4)
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.
My son is thinking of Actuary as a career. What are your thoughts on Ai taking over in this field?
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! th-cam.com/video/3dvG1oLfXM0/w-d-xo.html
Hey! When did you start? When your journey began?
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
If you could help me out for actuarial internship, it will be pretty much helpful, when to start, field and firn etc. I am so confused.
Try checking out this video: How to land your first ACTUARIAL science internship!
th-cam.com/video/p3dIDRsP4Tg/w-d-xo.html
Upgrade from Hdd to ssd your laptop will be faster✨👍🏻
Thanks for the tip!
Not to be rude but how much do you get as an intern per month I really need to know
It really depends on the company! I’d say the usual range is between $20-35/hr for an actuarial intern.
My daughter is looking for actuarial internship, can you guide.
Watch this video!
th-cam.com/video/p3dIDRsP4Tg/w-d-xo.html
Hey, I am also working in AIG.
Lets have a coffee together
ton of teslas bc actuaries make a ton of monies
Hahaha 😂😂
I would work here just for that coffee
Haha 😂😂