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FASS presents: What they never tell you in a careers talk. Monday 20 November Room CMS.01. Agenda. About us Applying for jobs Interviews/Assessment days University to work transition Typical life as an actuarial student Exams Study/life balance. About us. FASS Why we are here
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FASS presents:What they never tell you in a careers talk Monday 20 November Room CMS.01
Agenda • About us • Applying for jobs • Interviews/Assessment days • University to work transition • Typical life as an actuarial student • Exams • Study/life balance
About us • FASS • Why we are here • The panel
Applying for jobs Career choice • How do you choose • Your ambitions • Specialist/Generalist • Opportunities you would like to have • What environment you thrive in • What can you cope with • What is available • Investment Banking • Life Office • Consultancy • General Insurance • Reinsurance • Contracting
Application forms What you already know What you may not know
Interviews/Assessmentdays To do well • Be yourself! What does this really mean?
Interviews/Assessment days What to expect • A whole battery of tests • Aptitude test • Psychological test • Verbal reasoning • Diagramatic analysis • Interview • Case Study • Group exercise • Presentation • Lunch
University to work transition The bads • The taxman • 9am starts • 23 days holiday each year • Exams • Mortgage The goods • Salary • Weekend • Study days • Job satisfaction But its not all that bad!
Typical life as an actuarial student • Work • Study • Sleep
Typical life as an actuarial student – your questions answered
The Facts Exams are spilt into three stages CT’s (equivalent to exemptions) ST’s/CA’s SA’s Pass rates 50% for CT’s 30% for ST’s/CA’s/SA’s Key to exam success 10% luck 20% memory 70% technique Exams
Study/life balance My study allowance • 1 day off each week • 2 days off prior to exam • Cash balance to buy material What techniques worked for me • Start early in term • Read course material • Make my own notes • Block tutorials • Mock exams from ActEd • Past exams papers But everyone is different – do what is right for you!
Study/life balance Is it possible to still have a life? I studied • In the mornings before work • At lunchtime (Smart Revise) • Study mornings/afternoons • Saturday/Sunday mornings Top tips • Do not cram • Be positive • Be aware of peaks/troughs in your workload • Don’t be afraid to ask questions
Where can we go for help? • Careers office • Lecturers • Mentors • Inside Careers booklet • Contacts in the profession • Company websites