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Hi everyone.
I graduated in June of 2016 with theoretical mathematics. I loved the subject and everything about it. However, my college years were dedicated to prepare for a HS teaching position so I never took internships in finance, insurance, etc. Once it became clear that teaching HS kids was not my passion since this involved mostly babysitting and little teaching, I sat down to think about the best career paths to take. This had to be done quick since I lived on my own and needed to continue to pay for rent and all other expenses. I essentially job hopped for about 1.5 years while I kept applying to real jobs that paid $45k or more per year. In June of 2018, I was able to land a job as an Operation Analyst for a big P&C company with tremendous reputation and financial power. In March of 2019, I was promoted to Underwriting Analyst and given a 12% raise. Happy with my pay. Now, when I started working for this big P&C firm, I had set in my mind to take the first two actuarial exams so I could later apply to those jobs. I never expected my company to see underwriting potential in me and move me to this path. I accepted because it's still a very lucrative and intellectually challenging path to take just like actuarial .
Now, my question is the following: If underwriting is going so well and my company basically gave me a career plan that would end in making me a Senior Underwriter in a year or two where I could make somewhere in $75-100k/year, should I continue to study for the actuarial exams? I still have my knowledge of math almost intact because I continued to tutor students on the side to stay sharp but I would definitely have to invest some serious hours of studying on my spare time which is little working full time, gym, meals, friends, family, traveling, etc. The upside I see in going for actuary is the type of work, working more with Excel, SQL and maybe R, the potential to make more than $125k at some point down the road and the stability of the career. Maybe underwriters have the same pros and I just don't know this?
If anyone reading this has been an underwriter who switched to actuary or vice versa, what would your advice be? Thanks in advance, folks.
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