Summary

In this conversation, Laura LaBrosse, a director and actuary at John Hancock, shares her journey into the actuarial profession, detailing the educational requirements, the exam process, and the day-to-day responsibilities of an actuary. She discusses the importance of data analysis, the balance between work and study, and the supportive environment provided by her company. Laura also addresses common misconceptions about actuaries, highlights the impact of technology on the profession, and offers advice for those considering a career in actuarial science.

Keywords

actuary, actuarial science, career path, exam preparation, work-life balance, technology in actuarial, job opportunities, actuarial misconceptions, data analysis, insurance industry

Takeaways

Laura LaBrosse is a director and actuary at John Hancock.

Actuaries predict future events based on past data.

The actuarial exam process can take several years to complete.

Actuaries are well-compensated and have job stability.

Networking and building connections is crucial in the actuarial field.

Actuaries often work closely with other departments in their companies.

The actuarial profession is evolving with technology and AI.

Work-life balance is generally favorable for actuaries.

Actuaries can transition to other roles within or outside the insurance industry.

The Society of Actuaries provides valuable resources for aspiring actuaries.

Titles

How to Become an Actuary: Insights from Laura LaBrosse

The Journey to Becoming an Actuary

Sound bites

"We're glorified fortune tellers."

"You get paid to study."

"It's not a boring job."

Chapters

00:00 Introduction to Actuarial Science

02:54 Understanding the Role of an Actuary

06:06 The Path to Becoming an Actuary

09:47 Exam Process and Work-Life Balance

15:03 Career Progression and Opportunities

21:24 Opportunities in Asia: A Global Perspective

23:01 Navigating Challenges: The Journey of an Actuary

24:39 Breaking Stereotypes: The Realities of Being an Actuary

25:26 Work-Life Balance: A Key to Success

26:34 Actuarial Hubs: Where Opportunities Lie

29:01 The Impact of AI: Transforming Actuarial Work

31:07 Evolving Skills: The New Age of Actuaries

33:20 Career Fit: Signs You Should Become an Actuary

35:14 Beyond Insurance: Actuaries in Other Fields

36:40 Taking the First Step: Starting Your Actuarial Journey