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by aqualinux 1638 days ago
Qualified actuary here also from UK. You're right about insurance being a legacy industry. In terms of the exams, if you can pass A-level maths, you can pass the actuarial exams. I found the main reason they were considered hard is not because of the subject matter, but due to the amount of content that had to be learned in a short space of time.
3 comments

The fact that its day-to-day application it is “legacy” is probably a good thing, as reinforced concrete is already “legacy” in tha sense or stailess steel.
> Insurance is legacy

why it’s hardly getting superseded at least for car, home, medical, life, injury , income and travel

Actuarial ppl shouldn’t really care if it’s run on mainframe not k8s (if that’s the reason)

And the esoteric notation!