Why become an Actuary?
If you dream of finding a profession in which you can earn a high salary whilst maintaining a great work-life balance, why not consider becoming an actuary? The following are just a few of the many benefits and rewards of working within the actuarial profession:
- A worldwide profession: once qualified, you can work anywhere in the world, from New York to the sandy shores of the Caribbean!
- Intellectual challenge: this is a unique career in which you will use a range of high level strategic management, analytic, problem solving, mathematical and communication skills on a daily basis.
- Making a difference: you will see your work being of tangible benefit to individuals, public and private organisations and the general public alike.
- Financial security: as an actuary you will have the potential to earn a high salary. See our salary survey page for more details. You will also be an expert in managing financial risk and this will be of immense benefit in your personal finances.
- No burning the midnight oil: other financial professions, and other similarly paid professions such as law and medicine will often require you to 'live and breathe' the job, leaving little time for family and personal life. Actuaries enjoy an excellent work life balance, with a rewarding career that is largely based around standard office hours.
- Being part of an elite profession: this is a highly respected, specialist, niche profession. There are only around 30,000 members of the profession in the UK, the Institute and Faculty of Actuaries is the only UK body. In comparison, there are 340,000 members of the UK accountancy profession, split across 7 bodies.
Visit our pages on how to become an actuary and salary survey.