Which is the best/most challenging among the 5 FSA designations? Why?
1. Finance/ERM
2. Investment
3. Individual Life and Annuities
4. Retirement Benefits
5. Group and Health
:smiloe:
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Which is the best/most challenging among the 5 FSA designations? Why?
1. Finance/ERM
2. Investment
3. Individual Life and Annuities
4. Retirement Benefits
5. Group and Health
:smiloe:
"Most challenging", of course, is all relative. Often times, when candidates are at the stage in their career that they're taking FSA exams, they'll have had at least a little work experience, and presumably, that work experience will help you understand the advanced topics of the FSA syllabi that are built upon the basics you learn on the job and in the preliminary exams.
For me, I work in Life Insurance primarily, but after an unsuccessful attempt at the ILA Design and Pricing exam, I decided to switch to the ERM/Finance track. It was a personal choice based on my personal outlook on the future of business and where things are trending. It was quite a challenge because I didn't have much experience with ERM/Finance topics from school or work, but I did find the material interesting and challenging.
That's just my own experience, so you can take that for what it's worth.
..........
Last edited by R_T; February 10th 2010 at 04:08 PM. Reason: deleted
There are still many areas to be explored for ERM. The conventional actuarial skills are not yet fully applied in risk management areas. If you are interested in this field, I suggest that you should be a person who likes idea creation and innovation- innovate the actuarial skills and create your own models to meet the need of risk management.
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What kind of work and company should i look for to be in the ERM/finance?
Last edited by vealodev1; December 23rd 2009 at 06:03 PM. Reason: i made mistakes. i reposted it already
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