>>11785366>Why aren’t more math majors going into actuarial work?Lots do, but there are far more applicants than there are positions, so it's pretty competitive to get an entry-level position.
Traditional actuarial work is in the process of being supplanted by predictive modeling. My prediction is that in a few years actuaries will be indistinguishable from data scientists working in insurance, albeit with additional business acumen. The upside to this is that going down the actuarial path will more require the use of more CS/stats knowledge, which you probably enjoy given the fact that you're a math major. The downside to this is that insurance is heavily regulated, so you're somewhat limited in terms of the models you can produce (i.e. no black box algorithms). Additionally, actuaries are expected to be "business experts" in the sense that they have a lot of arcane insurance knowledge memorized, which most people find extremely boring.
t. ex-actuary, current data scientist
