Is it difficult for actuaries to take the exam?

It's hard. Look at this report: actuaries with an annual salary of one million are hard to find. It is not difficult to apply for the exam. If you say which industry makes the most money, the answer is actuaries, which is absolutely right. A friend of the reporter is busy working for an actuary in America at present. Although she got a green card in the United States, according to her idea, she will return to China to develop after becoming an actuary. The reason is that there are too few actuaries in China. It is understood that the annual salary of actuaries of large domestic insurance companies is generally around one million yuan. With such an attractive salary level, it is difficult to match the gap of actuarial talents. Statistics show that there are about 90 actuaries in China and 47 quasi-actuaries in China1person. Experts predict that in the next few years, the China market will need at least about 5,000 actuaries. For domestic financial enterprises, it is not a day or two to find one person. Attractive, well-paid and difficult to plug the talent gap. High salary and sincere recruitment are generally attractive words, but actuaries are an exception. At present, there are many chief actuaries and senior actuaries in large domestic insurance companies, and some even earn more than two or three million yuan a year. But even with such an attractive salary level, it is difficult for financial enterprises, especially insurance companies, to recruit actuaries. According to the reporter's understanding, at present, the annual salary of actuaries of insurance companies with strong domestic strength can generally reach about one million yuan; The annual salary of people who have just obtained actuarial qualification in North America and Britain is generally 400,000-500,000 yuan; If you have more than 3 years of practical experience, the annual salary is between 600,000 and 800,000. As for foreign actuaries imported from China, if they have 20 years' experience, their annual salary is usually 3-5 million yuan, and if they have 30-40 years' experience, their annual salary is 8-9 million yuan. Meng Jie, manager of Financial Talent Network, said: "Actuaries have always been the most concerned objects of headhunters. At present, the average number of actuaries in China insurance companies is less than 65,438+00, while the number of actuaries in British Standard Life Headquarters is 65,438+065,438+00. There is still a big gap between China's actuarial industry and foreign countries. At present, 10 people in China have obtained the globally recognized British actuary qualification, and 50 people have obtained the North American actuary qualification. " Dr. Bai Yang, director of the Office of China Actuarial Qualification Examination Center of Nanjing University, told the reporter that actuaries are special high-end professional and technical personnel with little training in China before. At present, the world's top British actuaries and North American actuaries have set up registration test sites in some domestic universities, such as Fudan University and Peking University, but no matter what kind of actuary qualification certificate they take, it is good for students to get the certificate in five years. "The dystocia of actuaries may also be one of the reasons for its scarcity. Although actuaries are not easy to test, the entry conditions are not particularly high. " The gap will reach 5000 in the next few years. It is understood that actuarial science originated in Britain and has a history of 300 years in the West. It is a discipline that uses mathematical theories such as probability theory and various financial tools to study how to deal with various risks in the insurance industry and other financial industries, and it is the theoretical basis for the development of modern insurance industry, financial investment industry and social security. Actuaries are professionals who use actuarial methods and techniques to solve economic problems, experts who evaluate the future financial risks of economic activities, and senior talents of mathematicians, statisticians, economists and investors. More precisely, the problems solved by actuaries actually include property security schemes for life, health, property, retirement and employee welfare, and involve economic, taxation, investment and financial management as well as financial analysis and management. In view of the high challenge and high risk of the position of actuary, as well as the professional and technical gold content of the position itself, it is doomed that actuary is a highly respected profession in the financial field and has become a scarce talent in the industry. As early as the last century, those old insurance companies in the world have put actuaries in a very authoritative position. A recent survey by Financial Talent Network shows that actuaries will be favored by insurance companies in the next four years. It is estimated that the gap of actuaries in China will reach 5000 in the next few years. Therefore, actuaries will become one of the most sought after talents in the future. At the same time, there is a great demand for actuaries, not only in the insurance industry, but also in financial institutions such as banks and securities companies. The conditions for actuaries to apply for the exam are not high, but it is difficult. China's actuarial examination system includes actuaries from China, Britain and North America. Actuaries in North America are the most authoritative actuary certification system, and probably need 14 courses, covering economics, finance, insurance and so on. This requires a good knowledge of economics and mathematics. At present, there are only more than 50 people who hold the North American actuary certificate in China, and generally work in the headquarters of large enterprises. The conditions of actuaries in China are as follows: any individual with bachelor degree or above or equivalent academic ability, including undergraduates, can sign up for the qualification examination of actuaries in China. However, under any of the following circumstances, you may not take the Chinese actuary qualification examination: you have been criminally punished; Being subject to administrative punishment for violating financial regulations; Stateless persons; Other circumstances identified by the CIRC in China that do not meet the requirements for taking the qualification examination of actuaries in China. Although the requirements for applying for the exam seem low, it is not easy to get an actuarial certificate. Among them, the content of quasi-actuary examination includes 9 subjects such as "Mathematical Basis", all of which are quasi-actuary qualifications. To pass these nine exams, you must have knowledge of calculus and linear algebra, probability theory and mathematical statistics, compound interest mathematics, actuarial mathematics and so on. On this basis, actuaries have to take four additional exams and have certain actuarial work experience before they can obtain actuarial qualifications. (Ren Fen)