Not Actually the Actuary: Myths about Actuaries Debunked

Myth #1

Actuaries are reclusive backroom operatives.

The belief that actuaries work in isolation is no longer valid. Over two-thirds of respondents to a recent GAAPS survey meet very frequently with others in the course of their work and over a third attend meetings within other firms on a regular basis. Moreover, far from working independently, actuaries are used to management roles. A total of 56% of the survey respondents managed up to ten people, and 8% were responsible for between 11 and 85.

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