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Thread: Dealing with Interest

  1. #1
    Actuary.com - Newbie Poster
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    Arrow Dealing with Interest

    Hello,

    Can one be an actuary and not deal with interest related issues? If yes, what type of work would one do? What are the relative chances of getting such a job now and in the near future? Any info would be greatly appreciated.

  2. #2
    Actuary.com - Level V Poster
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    There may be some, e.g., marketing, government liaison, or Blues/HMO actuarial work that doesn't regularly use much interest theory. But it's still essential to get through the exams. Most beginning actuarial jobs are likely to deal with interest theory.
    I thought this WAS a real job

  3. #3
    Actuary.com - Level II Poster
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    Quote Originally Posted by Inquisitive1 View Post
    Hello,

    Can one be an actuary and not deal with interest related issues? If yes, what type of work would one do? What are the relative chances of getting such a job now and in the near future? Any info would be greatly appreciated.
    the basis of Actuarial Science is the valuation of contingent future cash flows. I don't know how this could be done without being sensitive to the time value of money.

  4. #4
    Actuary.com - Level III Poster
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    Dude interest theory is easy and if your good at math you should have no prob. Exam FM is a JOKE! Exam MFE has VERY interesting mathematics. Learning about the Financial markets is not only interesting but good If you want to make investments yourself.
    Last edited by Fermat83; June 12th 2008 at 08:23 AM.

  5. #5
    Actuary.com - Level II Poster
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    [QUOTE=Fermat83;33580]Dude interest theory is easy and if your good at math you should have no prob. Exam FM is a JOKE! Exam MFE has VERY interesting mathematics. Learning about the Financial markets is not only interesting but good If you want to make investments yourself.[/QUOTE

    I agree but I think the original poster doesn't want to work with interest for other reasons.
    Last edited by tpegan; June 14th 2008 at 11:26 AM.

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