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Actuaries' Survival Guide: How to Succeed in One of the Most Desirable Professions Paperback – 23 Feb 2004
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“I found this material to be the most helpful thing for anyone contemplating an actuarial profession. The early material motivates and familiarizes a person with the profession in a casual but real way. The middle material
gives a person the tools to plan and attack a program to pass the exams. The latter part of the book gives great guidance on job opportunities...Bravo to both the book’s concept and realization.
– Murray Lieb, New Jersey Institute of Technology
“The book is extremely well written. Actuaries need good communication skills and this book provides an excellent example of such skills at work.
– Charles Moore, Kansas State University
About the Author
The Linear Algebra Survival Guide, 1st Edition
Actuaries' Survival Guide, 2nd Edition
Actuaries' Survival Guide, 1st Edition
Linear Algebra: An Introduction using Maple, 1st Edition
Linear Algebra: An Introduction using Mathematica, 1st Edition
Fred E. Szabo is professor in the Department of Mathematics and Statistics at Concordia University in Canada. He completed his undergraduate studies at Oxford University under the guidance of Sir Michael Dummett and received a Ph.D. in mathematics from McGill University under the supervision of Joachim Lambek. After postdoctoral studies at Oxford University and visiting professorships at several European universities, he returned to Concordia University as a faculty member and dean of graduate studies. For more than twenty years, he developed methods for the teaching of mathematics with technology. In 2012 he was honored at the annual Wolfram Technology Conference for his work on "A New Kind of Learning" with a Wolfram Innovator Award. He is currently professor and Provost Fellow at Concordia University.
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Most Helpful Customer Reviews on Amazon.com (beta)
Upon further research I also discovered that some of the information has become out of date, as the professional organizations have recently added some additional requirements for advancement.
Overall I did find this book of some use in understanding more about the "daily life" of an actuary, but with the lack of background info and some information becoming outdated I cannot recommend it at the $40 price tag it currently carries.
No one cares about your personality, leadership skills, or anything else, when it comes down to it. It doesn't matter how good you are at your work related activities. In this profession, he/she who has the credentials is king/queen, and will get all opportunities for advancement. If you don't have the credentials, you can be the greatest business person and personality on earth, and you will not be recognized for it (not in this profession, anyway). I speak from 15 years experience. If you are getting in this profession, don't let anything get in the way of exam progress. You should know, to succeed, you should be willing to sacrifice possibly a decade of your life sitting in a dark corner studying advanced mathematics. I kid you not. I left the profession, because in my opinion, the payoff was not worth the sacrifice. That is, there are people making more money, that didn't have to go through the exam hell actuaries go through.
> Good overview of the profession
> Excellent explanation of career paths - valuation, pricing, consulting, pension, financial
> Lots of examples of "a typical day in an actuary"
> Explains math skills needed.
> Nice example problems that actuary solves
> Book is 7 years old.
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