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Thread: How does a weak USA economy affect the actuarial, job, market?

  1. #1
    Actuary.com - Level II Poster
    Join Date
    Sep 2005
    USA NJ

    How does a weak USA economy affect the actuarial, job, market?

    How does a weak USA economy affect the actuarial job market?

  2. #2
    You spam? I ban! Irish Blues's Avatar
    Join Date
    Mar 2005
    It doesn't. Older actuaries will still retire and need to be replaced, and a good percentage of entry-level candidates will still wash out while going through the exams. Any notable impact will be limited to a company-by-company basis right now.

    The bigger "threat" on the insurance side is the current soft market; if profits start turning into losses, you may see companies hold the line on hiring - but thus far, it hasn't happened.
    "You better get to living, because dying's a pain in the ***." - Frank Sinatra

    http://www.hockeybuzz.com/blogger_ar...blogger_id=174 - where I talk about the Blues and the NHL.

  3. #3
    Actuary.com - Level II Poster
    Join Date
    Apr 2008

    Are there any downsides to being an actuary?


  4. #4
    Actuary.com - Level I Poster ycxiang's Avatar
    Join Date
    Oct 2007
    i think it depends on the demand of the US market...

  5. #5
    Actuary.com - Level V Poster
    Join Date
    Jan 2007
    Weak economy tends to cut life insurance sales, pension contributions, some health insurance sales, which cuts some actuarial work, but increases the demand on actuaries to create ways to protect profits.

    Increasingly complex financial and economic problems create more actuarial opportunities. Some relocation packages might be diminished, but plenty of jobs would still be available. It heightens hiring help closer to home.
    I thought this WAS a real job

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