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

  1. #1
    Actuary.com - Level II Poster
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    How does a weak USA economy affect the actuarial, job, market?

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

  2. #2
    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

    [url]http://www.hockeybuzz.com/blogger_archive.php?blogger_id=174[/url] - where I talk about the Blues and the NHL.

  3. #3
    Actuary.com - Level II Poster
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    Are there any downsides to being an actuary?

    ...................

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

  5. #5
    Actuary.com - Level V Poster
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    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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