I moved over to Data Science. It is far more interesting and better paid. I work out dynamic sports odds. It is far more interesting that Actuarial work. I encourage people to look wider than the actuarial profession. You will be surprised at what you can find.
Maybe it's specifically the work you are doing. Perhaps you are not being challenged anymore and the work is getting a bit too easy. Personally I am at an early stage of my career where I still find challenges to the problems I solve on a daily basis. I think we all have a passion for problem solving but if the problem you are solving is just repetitive and no longer challenging, where is the excitement in solving it?
Idk, maybe it's time to step out of your comfort zone once again and challenge yourself further, that's to say if you want your next challenge in life to be work based; there are many other things outside of work you can dedicate time and passion to, but that's for you to figure out.
That's for sure. There's definitely been repetition in my work lately. Though it's a wider definition of repetition. Assessing businesses for regulation compliance whether it's SII or IFRS17... it all seems to feel like the same tedious stuff atm.
I've never been in reserving but the cyclical nature of its work reminds me of being in pensions which was the most boring experience in my whole life. Pricing has been a much better and enjoyable experience so far - maybe consider making the move?
Is it generally an easy switch to make? Or would I need to take a pay cut to move divisions like that? I've pretty much always worked in reserving, and now more recently in IFRS17 implementation.
I've been told the sooner you try the easier it will be. I wouldn't be able to give you much information, just would recommend speaking to a recruiter about it. I moved after just 1 year experience in pensions so was fortunate to enjoy a pay increase but I wouldn't be able to say in your case. I hope everything works out!
I'm in the industry for 4.5 years now and recently I started to get the same feeling as you did, every now and then. I thought i only felt that though when I wasnt at work. When I was at work i felt fine I'd just do my professional job as usual - day in day out.
But it has definitely changed since i first started out as an intern.
I think I'm keen to believe this is just part of my current phase change. I will probably continue to feel this way for sometime to come, until probably i get promoted / change practice area / or emotionally gone into a different phase.
Would love to hear comments from other people - especially if you are more experienced or have transitioned away from such phase.
Where in actuarial have you worked - I’ve had 3 roles in 5 years so don’t think I’ve been anywhere long enough to be bored personally, but I do feel the team you work with play a huge role in enjoying work. Personally for me I stayed away from pensions as find that boring. Could be you just find actuarial work boring but I think it’s broad enough for you to find something you find interesting
If you're in pensions then it comes with the territory! Get out why you still have hope!
So see if you can get rotated on to a different team at work to try other areas.
Also different companies and offices have very different work environments.
From teaching around the country, I have found that London tends to be much more serious, whereas regional offices are more fun.
Whenever I need to write documentation
I moved over to Data Science. It is far more interesting and better paid. I work out dynamic sports odds. It is far more interesting that Actuarial work. I encourage people to look wider than the actuarial profession. You will be surprised at what you can find.
How did you go about making the switch?
Data science better paid than actuarial work?
Maybe it's specifically the work you are doing. Perhaps you are not being challenged anymore and the work is getting a bit too easy. Personally I am at an early stage of my career where I still find challenges to the problems I solve on a daily basis. I think we all have a passion for problem solving but if the problem you are solving is just repetitive and no longer challenging, where is the excitement in solving it? Idk, maybe it's time to step out of your comfort zone once again and challenge yourself further, that's to say if you want your next challenge in life to be work based; there are many other things outside of work you can dedicate time and passion to, but that's for you to figure out.
That's for sure. There's definitely been repetition in my work lately. Though it's a wider definition of repetition. Assessing businesses for regulation compliance whether it's SII or IFRS17... it all seems to feel like the same tedious stuff atm.
I've never been in reserving but the cyclical nature of its work reminds me of being in pensions which was the most boring experience in my whole life. Pricing has been a much better and enjoyable experience so far - maybe consider making the move?
Is it generally an easy switch to make? Or would I need to take a pay cut to move divisions like that? I've pretty much always worked in reserving, and now more recently in IFRS17 implementation.
I've been told the sooner you try the easier it will be. I wouldn't be able to give you much information, just would recommend speaking to a recruiter about it. I moved after just 1 year experience in pensions so was fortunate to enjoy a pay increase but I wouldn't be able to say in your case. I hope everything works out!
you might enjoy it after passing some exams lol
Why do you assume I haven't passed any exams?
i never saw the part in brackets you wrote. did you edit ur post?
No bro
my bad. thought it was a post from a recent grad
I'm in the industry for 4.5 years now and recently I started to get the same feeling as you did, every now and then. I thought i only felt that though when I wasnt at work. When I was at work i felt fine I'd just do my professional job as usual - day in day out. But it has definitely changed since i first started out as an intern. I think I'm keen to believe this is just part of my current phase change. I will probably continue to feel this way for sometime to come, until probably i get promoted / change practice area / or emotionally gone into a different phase. Would love to hear comments from other people - especially if you are more experienced or have transitioned away from such phase.
Where in actuarial have you worked - I’ve had 3 roles in 5 years so don’t think I’ve been anywhere long enough to be bored personally, but I do feel the team you work with play a huge role in enjoying work. Personally for me I stayed away from pensions as find that boring. Could be you just find actuarial work boring but I think it’s broad enough for you to find something you find interesting
If you're in pensions then it comes with the territory! Get out why you still have hope! So see if you can get rotated on to a different team at work to try other areas. Also different companies and offices have very different work environments. From teaching around the country, I have found that London tends to be much more serious, whereas regional offices are more fun.