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Actuarial Profession

Risk Officer Romik Rai talks about Actuarial Profession course, what is Actuarial Profession and other details about a Career in Actuarial Profession.

















Actuarial Profession

Romik Rai | Risk Officer | Ageas SA/NV






What is Actuarial Profession?


A Career in Actuarial Profession is very intriguing. Understanding Why one wants to choose a Career in Actuarial Profession is phenomenally more important than figuring out How to get into Actuarial Profession. The internet is a great source of information on Actuarial Profession, but it is second best to learning about the same from a real professional.

Risk Officer Romik Rai has worked in Actuarial Profession for 9 years. Risk Officer Romik Rai defines Actuarial Profession as:

An Actuary is a business professional who deals with the measurement and management of risk and uncertainty. These risks can affect both sides of the balance sheet, and require asset management, liability management, and valuation skills. Actuaries use mathematics, statistics, and financial theory to study uncertain future events, especially those of concern to insurance and pension programs.





How Risk Officer Romik Rai got into Actuarial Profession?


After completing my Masters in Actuarial Studies from University of New South Wales, Australia, I started working as a consultant with Watson Wyatt Worldwide. I have worked with over 20 financial institutions across Europe and Asia. Currently, I am the Founder and CEO of Greenassets.in which I started in 2015 in India. Greenassets.in is a startup where we promote investments which have a positive environmental and social impact.





Risk Officer Romik Rai's Talk on Actuarial Profession



Starts with what is:
     1) Actuarial Profession  

Next, it covers Education. We all know that only 10% of what is taught in Actuarial Profession is actually used in real life. The Education section of the Talk clearly explained what is the 10% needed in Actuarial Profession. It explains Education needed in Actuarial Profession with these items:
     2) Financial Mathematics  
     3) Economics  
     4) Probability and Stats  
     5) Statistical Software  
     6) Proficiency in English  

Then, the Talk focuses on the most important component that is Skills. Anyone aspiring for Actuarial Profession needs to understand that Skill development is crucial for success. It discusses following headings for Skills in Actuarial Profession:
     7) Logic and Reasoning  
     8) Problem Solving  
     9) Ability to Collaborate  
     10) Communication Skills  

Positives of Actuarial Profession are quite interesting. This Talk defines Positives in terms of following items for Actuarial Profession:
     11) Monetary Potential  
     12) Global Employability  
     13) Low Stress  
     14) Work Life Balance  
     15) Non-Hazardous Job  

It is important that one develops a fair understanding of the Challenges of Actuarial Profession:
     16) Difficult to Qualify  
     17) High level of Concentration  
     18) Cause of Public Interest  
     19) Specialist, not General  
     20) Lifelong Learning  

In the final section of the Talk, Romik Rai talks about How a day goes in a Career in:
     21) Actuarial Profession  





Install the LifePage App to:


  1. (for Free) Watch Risk Officer Romik Rai’s full Actuarial Profession Career Talk

  2. (for ? 100 or ? $ 1.4) Do a Self Assessment on Actuarial Profession to calculate your Dream Index, which is defined as:

    According to Romik Rai your chances of success in Actuarial Profession is __%

  3. Access your personalized Dream Index Report which will have all your Dream Indices sorted in descending order.

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How to get into

Actuarial Profession?



If you are want to get into Actuarial Profession, start by investing in a Career Plan.

The 14 hour process, guided by a LifePage Career Advisor, will help you introspect and check whether your interest in Actuarial Profession is merely an infatuation or is it truly something you wish to do for the rest of your life.

Next, your Career Advisor will help you document how you can get into Actuarial Profession, what education and skills you need to succeed in Actuarial Profession, and what positives and challenges you will face in Actuarial Profession.

Finally, you will get a Career Plan stating which Courses, Certifications, Trainings and other Items you need to do in the next 7 years to become world’s best in Actuarial Profession.





LifePage Career Plan

14 hour personalized guidance program















Your LifePage Career Advisor facilitates your guided introspection so that you systematically explore various Career options to arrive at a well thought out Career choice.

Next: your Advisor helps you figure out how you will get into your chosen Career and how will you develop the skills needed for success in your Chosen Career.

LifePage Plan will not stop at saying "to become an Architect study Architecture". It will guide you on which Certifications, Trainings and Other items you need to do along with your Architecture education to become the world's best Architect.











Links for this Talk




Risk Officer Romik Rai's LifePage:


Career Counselling 2.0
[LifePage]
https://www.lifepage.in/page/romikrai






LifePage Career Talk on Actuarial Profession


Career Counselling 2.0
[Career]
https://www.lifepage.in/careers/actuarial-profession


Career Counselling 2.0
[Full Talk]
https://lifepage.app.link/20170331-0001


Career Counselling 2.0
[Trailer]
https://www.youtube.com/watch?v=gvQePafoE8E


(Actuarial Profession, Romik Rai, Ageas SA/NV, Actuary, Insurance, Mathematics, Risk Management, Finance, Statistics, Economics, Commerce)







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