This is one of the most useful, intruguing and motivating actuaries videos I have watched. I've been trying so hard to find out more information in this field, but it's so hard to find a video that explains it well. You have explained it very well. Thank you
@ShadPatankar
4 күн бұрын
This was a great video, seeing another SA from my demographic pursuing this career is amazing. Hope you enjoy NYC as much as I have!
@TheGrmany69
Жыл бұрын
It's interesting how near to your own opinion I was in terms of Actuarial science as a career and as a discipline. This is a career that goes beyond the expectation of most people, specially in terms of the industry and workplace... I am certainly driven by it and its fundamentals.
@Eizengoldt
6 ай бұрын
I would undead myself if I had to waste my life being an actuary
@@Eizengoldt you prob don’t have to worry about being one
@Eizengoldt
2 ай бұрын
@@Justtalking2U I'm perfectly happy as a Data scientist, thank you very much
@Justtalking2U
2 ай бұрын
@@Eizengoldt I thought you felt dead? You said you’d undead yourself if you were an actuary. Meaning you’d feel alive
@parthkhatri1056
Жыл бұрын
bro please keep making these videos ... im preparing for ifoa actuary exams and would surely watch your videos
@maroofkhan3113
Жыл бұрын
hi Darren, really appreciate & liked your video. actuarial science as a career was very neatly explained along with applications. it goes without saying that this video will be in my collection for someone who wants clarity on "what is an actuary"
@ykkim902
Жыл бұрын
I myself is an actuary, loved your video, one minor comment about the PAY - yes we do have more balance but in the city like NYC(area), after 5 years of work in Insurance industry, I realized that a overall higher salary than a higher pay per hour is more affordable, since at the end of day I am asking myself "Do I have more money to save and invest?" Thus I am currently considering making a slight career change to quant related jobs ... (I really enjoy current actuarial role)
@EmiActuary
Жыл бұрын
Yes Another actuary chanel! Is hard to find ones haha, keep going Darren nice vid
@Hamromerochannel
10 ай бұрын
That was exceptionally well communicated to aspiring actuary what actuary is all about
@isisbarrientos
Жыл бұрын
Thank you for the video, it was interesting and very helpful. I'm looking forward to more videos about it.
@TheGrmany69
Жыл бұрын
I also take this video as a staple way to serve information within the working setting.
@deni5industriez954
11 ай бұрын
Thank you! I am deciding on the college course to take, the video helped a lot!
@Yobrano183
3 ай бұрын
Best content today by far
@nekoneko917
Жыл бұрын
great perspective - agree with what you shared here
@further_rush5138
9 ай бұрын
You should post more I am surprised this was your first and only video
@ripple123
Жыл бұрын
As a south african software engineer wanting to make it abroad, its inspiring seeing someone making it abroad. Did you move over with H1B ?
@Darren_Govender
Жыл бұрын
I moved over via intracompany transfer
@rahimhussain8727
2 ай бұрын
very informative, thank you for this video
@MolemanAnimation
Жыл бұрын
Thanks, Darren, I've been on the fence about whether to pursue a career as an actuary or a career in cyber. This video has definitely pushed me more toward actuary. Although I will admit I'm still a little worried about getting to the end of my degree and being able to find a job as a student actuary. I feel like the supply of geeky math nerds is pretty high and the demand for untrained actuaries is pretty low. How competitive is the entry-level actuarial job space?
@Darren_Govender
Жыл бұрын
A few important factors here - what market are you looking in? Do you have internship experience? Do you have any exams? Generally speaking - with entry level exams and some internship experience, entry level jobs for actuaries, in my experience, can be found without too much of a fuss.
@alecerte9090
11 ай бұрын
Do not choose actuary is a hoox, much better cyber, you will end up in one of the most politicised, old mentality, corrupted place insurance 😀
@so-cool-
8 ай бұрын
@@alecerte9090isn't politics and corruption present in all finance professionals ? What made you say this? Can you please elaborate? I am an actuary aspirant.
@sibongiseniqwabe1002
Жыл бұрын
very helpful and insightful
@VertexXander
11 ай бұрын
awesome video, thank you boss
@parthkhatri1056
Жыл бұрын
amazing video
@maisamnazim4247
Жыл бұрын
How you differ actuary to other financial professions like CFA in terms of emerging fields like investments, financial consultations etc? Can you please go in details about the role of an actuary in these fields?
@Darren_Govender
10 ай бұрын
good idea for a video, will try to get one up about this soon!
@scottbeattienet
11 ай бұрын
It would be great to understand your pathway ... certified university course or via an institutional certification.
@Darren_Govender
10 ай бұрын
I'll make a video about the journey sometime in the future but high level: Actuarial Science degree in South Africa, joined an international reinsurer, took the South African Actuarial exams, move around with the company and now find myself in NYC
@tones_98
Жыл бұрын
you know you're an actuarial when instead of saying actuary is a highly paid profession, you draw a mathematical equation 😂 Liked the video - very informative.
@parthapratimojha7531
Жыл бұрын
You should be more active on your you tube channel
@Darren_Govender
10 ай бұрын
Appreciate the feedback, and bad excuse but it's been a really busy year. I have made some changes now and I am planning to be more consistent with uploads starting in October 2023, I hope to see you in the comments again!
@so-cool-
8 ай бұрын
@@Darren_GovenderHello 👋, Still waiting for you to be active on YT channel for more actuary work experience?!?!
@MathSocrate
7 ай бұрын
@@so-cool- I do too ! Please post more videos in 2024 !!
@so-cool-
6 ай бұрын
@@MathSocrate hey! are you planning or applying for actuary?? Or are you fond of mathematics?? do you like pure or applied mathematics?????
@MathSocrate
6 ай бұрын
@@so-cool- I'm planning for actuary ! I am currently studying mathematics and want to specialize in actuarial science
@riteshgodheja9212
Жыл бұрын
Welcome to the New York City😂😂👍👍
@SpinningToWin
Жыл бұрын
Is this a career one could switch to in their mid forties as a career change?
@Darren_Govender
10 ай бұрын
If you have related experience and are willing to take the exams, I don't see why not!
@anotheperspective
10 ай бұрын
Hello Sir, thanks much for the detailed video. Please I will love to get your counsel; I have a BSc in actuarial Science and MSc in Applied Math and CS. For my career path in becoming an actuary, I am thinking of pursuing an MBA in business Analytics and take the actuarial exams along side or afterwards, or just doing MSc in actuarial science. Which path is be better?
@hamidniki
4 ай бұрын
What garanty our predicting costs will be true? What is the punishment of our mistake?
@DeferentPine
Жыл бұрын
Hi! Great video! May I ask you how those animations are made? I’d really like to start making videos as well
@Darren_Govender
10 ай бұрын
sure - almost everything was done in Final Cut Pro with some plugins.
@Perfect_cut44
3 ай бұрын
To live in america is costly because people who are actuaries in South Africa have double story houses and considered rich
@RaeTheActuary
Ай бұрын
How many exemptions did you graduate with from university
@largeinsize1
Жыл бұрын
Nothing more beautiful than a South African accent
@angakaappleid4845
Жыл бұрын
Darren are you from South Africa?
@ripple123
Жыл бұрын
it says so on his about on youtube lol. You can also tell from his accent
@anshulgaming6690
7 ай бұрын
Hii dareen anshul this side i'm from india my dream to become actuary can help me wht can i do i pursuing my final semester bachelor of science in mathematics thanks 👍🙏
@shihaoliu7161
Жыл бұрын
Hi Darren, I wonder if I can work in the US as an actuarial analyst in the midway of getting full exemption of Australian actuary institution? I.e., haven’t got FIAA certificate but work in the US?
@Darren_Govender
10 ай бұрын
depending on the role, definitely possible - I did this! (but with South African exams)
@shihaoliu7161
10 ай бұрын
@@Darren_Govender Thank you Darren! Hope you make more videos like this :-)
@yatinmaharaj9510
Жыл бұрын
Heyy... Would I be able to work as an actuary in the USA if I completed my exams in South Africa through ASSA. I know there isn't an MRA between ASSA and SOA but will US employers be willing to overlook that?
@Darren_Govender
10 ай бұрын
Yes! This is what I am doing actually but it depends on a few factors and the area a company is hiring for. Outside of very traditional reserving roles, US companies are more relaxed on credentials. For example, it is common to be an Associate Actuary in the US and still progress in your career whereas I know this is quite rare in South Africa. If you have experience in an actuarial role and have credentials from outside of the US, I haven't found this to be a hinderance. It's even easier if you are a fellow, because to your point, you can apply for the MRA.
@hamidniki
4 ай бұрын
HOW can I find job in us? I'm from Iran and master of actuary in eco univeesity.
@varadmore6007
11 ай бұрын
hi Darren even I am planning to work between an actuary and Data Scientist. Can I connect with you if possible on linkedin??
@sodone5015
11 ай бұрын
hello, can i know where you completed your studies from? I'm currently looking into acturial courses/degrees and would like an insight to it.
@Darren_Govender
10 ай бұрын
I studied in South Africa at the university of Cape Town. However, wherever you study, you can take the early exams in your first year.
@Deepjyoti.551
11 ай бұрын
Hi I hope you are doing well. I am Deepjyoti, doing my bachelor's in Maths and statistics honours from India. I am feeling interesting about the actuary field. Could you please tell me the perfect carrier path to become actually in the USA/UK. I hope you will reply soon
@Darren_Govender
10 ай бұрын
Take the exams and get an entry level actuarial role! :)
@keshav6645
Жыл бұрын
Hey man . Love the video , just wondering what you studied and where you studied it ?
@Darren_Govender
10 ай бұрын
Appreciate the feedback! I studied Actuarial Science at UCT in Cape Town.
@shivamprajapati2554
Жыл бұрын
Sir what would salary i expect after 10 year experience in USA
@rickdaniels1000
11 ай бұрын
200,000+ if you’re a manager
@Darren_Govender
10 ай бұрын
10 years+ experience as an associate or fellow, is at least $150k+ in NYC. And yes it can skyrocket from there if you move into senior actuarial roles and/or management.
@Theseasonedloser
2 ай бұрын
How much you make
@NtobekoShabalala
Жыл бұрын
I know for certain that you follow Ali Abdaal👀
@Darren_Govender
10 ай бұрын
hahaha good catch!
@alecerte9090
11 ай бұрын
In 10 years time you will regret it, actuary is just another employee with stress and very basic tasks, in the end math and statistics will be superceded by politics 😉
@Darren_Govender
10 ай бұрын
Stress for sure in some cases but not sure about the basic tasks, it can be pretty complex at times. In terms of what is better in 10 years, who knows at this point, but I agree politics is an important field and right now everyone, in some way, is invested in that part of society.
@sanskargoyal7270
Жыл бұрын
Hello sir i am indian 20 yrs old student ....and confused to persue actuarial sceince or not becuz i fear of failing exams and people tell it becomes more tough to clear further exams ....pls connect with me through linkedin sir, ihave sent u request .pls guide me sir🙏🏻
@smd5093
Жыл бұрын
Aight, some points - 0. It is very unprofessional to ask someone to accept your linkedin request on KZitem or any other social media or even irl 1. Ask yourself whether you have have the will and interest to study actuarial science. Can you work with numbers and large sets of data? Do you wish to commit 5-8 years of your life to studying and passing qualification exams? Don't get intrigued by the salaries these coaching fellas tell you. After 10 years of work ex in insurance, you can expect a salary of 40-60 lpa. If money is your sole aim (which seems like it) then go for data science software programming roles or do a MBA. 2. Lad's working in the US, Indian actuarial domain and American actuarial domain are way too different, in India, actuarial science is still a niche field of study. 3. Yes it is difficult to actually STUDY for further exams as you start working after clearing 2-3 exams, it's recommended to clear maximum number of exams in your University time itself as it's very hard to maintain a work life balance along with study routines while working 4. The curriculum is not rocket science tho the help/reference materials and tutors are quite expensive but they aren't necessity but just a luxury. Believe in your hard work, chalk out a study plan and just study the damn syllabus and pass the exams.
@anuragpant2545
Жыл бұрын
@@smd5093 I have one question. What will be the demand for actuarial science in the future?
@smd5093
Жыл бұрын
@@anuragpant2545 demand for actuaries in the future would be in unorthodox/ non insurance fields. More in Enterprise risk management or M&A or in tech as data science professionals
@anuragpant2545
Жыл бұрын
@@smd5093 I am from India but I want to work as an actuary in US how can this be possible ?
@smd5093
Жыл бұрын
@@anuragpant2545 I have no idea about immigration and all, so can't comment which visa you might need to work in the US. For a getting a job there, get accredited from SOA/CAS, the American actuarial bodies. The insurance industry is a heavily regulated market and hence, every country has different laws, regulations and regulatory bodies. Even if you come up with the best insurance product, chances are that regulators of different countries may not let you take your product to the market.
@davidc4408
26 күн бұрын
Actuaries is boring. Just invest in bitcoin
@juanlabuschagne6233
Жыл бұрын
Should have stayed in South Africa. New York looks terrible
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