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Old 05-28-2015, 12:09 PM
Cooke Cooke is offline
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Default Actuarial Supply and Demand Study

Nothing too surprising here but it may be of interest to some AO posters.

Alan

CIA COMMUNICATION

May 28, 2015

If you do not see the message below in a proper format, please click on the following link
that will take you to the Announcements on the CIA website:
http://www.cia-ica.ca/publications/announcements




Actuarial Talent: Supply and Demand Study Released

The CIA, Society of Actuaries, and Casualty Actuarial Society commissioned a study to understand the supply and demand of actuarial talent until 2020. It will help them identify the educational needs of students and actuaries, including those at the entry level and those in the middle of their careers.

The Economist Intelligence Unit (EIU) conducted surveys in Canada and the U.S. to glean insights from two market perspectives: employers of actuaries (demand-side) and university educators (supply-side). The data were supplemented with interviews with experts from the actuarial field, including employers, educators, recruiters, actuaries, and actuarial candidates. The result is a benchmark analysis for the North American actuarial profession.

The first link below takes you to the study's Executive Summary on the CIA website, the second to the full study on the EIU site, and the third to frequently asked questions.

Link(s)
Executive summary: click here

Full study: click
here

Frequently asked questions: click
here
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Old 05-28-2015, 12:30 PM
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rn?
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Disclaimer: This post is likely sarcastic in nature and in no way represents Sine Language's actual opinion and sentiment
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Old 05-28-2015, 01:02 PM
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Nice formatting
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Old 05-28-2015, 01:04 PM
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Y'all should get your eyes checked I can read it perfectly.
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Old 05-28-2015, 01:17 PM
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Copied my post from the other thread and dropped it here. At least this thread has a relevant title...

Quote:
Originally Posted by Executive Summary
Over the past several years, actuarial employment in North America has grown steadily, averaging around 3% per year since 2011. At the same time, the popularity of the actuarial profession has grown rapidly, reflecting in the number of graduates from actuarial science university programs, which has expanded over 8% per year on average over this period. These headline figures mask variation across countries and practice industries.

Overall, net new supply (ie, the number of graduates seeking actuarial employment) is expected to significantly outstrip net new actuarial employment positions in each year from 2014 to 2020.
I pulled out the most important parts. The AO has been saying this for years...
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Old 05-28-2015, 01:19 PM
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Quote:
Originally Posted by Ito's Phlegm View Post
Y'all should get your eyes checked I can read it perfectly.
dat feel when i get to a point where people think i'm being sarcastic by default :/

the OP really is pretty
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Old 05-28-2015, 01:20 PM
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Quote:
Originally Posted by Dismal Science View Post
Copied my post from the other thread and dropped it here. At least this thread has a relevant title...



I pulled out the most important parts. The AO has been saying this for years...
Good news, if you start taking exams in 2014, you'll be ripe for employment when you get FSA in a leisurely 6 year time
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Old 05-28-2015, 01:46 PM
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Originally Posted by Abelian Grape View Post
the OP really is pretty
Actually, I agree.

The font is very easy on the eyes.
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Old 05-28-2015, 07:03 PM
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cool study but pretty much confirms what I already know

been advised not to take a 5th exam but don't really know what else to do if I can't even get a temporary job outside the field
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Old 05-28-2015, 08:27 PM
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Quote:
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cool study but pretty much confirms what I already know

been advised not to take a 5th exam but don't really know what else to do if I can't even get a temporary job outside the field
Take it. You will get more consideration from jobs that consider you. Less consideration from companies that think 5 is too many but 4 is enough.
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