I am working in a Big 4 and recently was asked if I am interested in joining the actuaries (investments) team. Let me put it out clearly that initially I had never planned to study Actuarial Science. So after the offer, I did a research and found that its a pretty demanding field with lots of exams to be cleared. Now that’s the part which scares me the most. So I want to know what are the exit opportunities after few years of experience?
Now the obvious response will be that I have gone crazy and why the hell would I want to work in actuaries when I am not even sure of going through all those exams or don’t even know if I want a career in it.
But hear me out first please. I desperately want to shift jobs. My work responsibilities in the current team is pretty lousy. The learnings are not that good. So I figured if at least through an internal transfer I’m able to move to a better team or type of work then that’s the best of the current situation I’m in. I want to shift jobs anyways but with current situation (pandemic) it seems difficult. I am planning to complete CFA so an added benefit will be exemptions given by IFoA (UK). And who knows I may end up liking the work and may get motivated to complete all the actuarial exams.
But how are the exit options for a person with actuarial experience? Lets say if I work in it for few years, complete my CFA and decide to switch careers. Does that sound like a good back plan or am I nuts.