<p>I always see actuaries near the top of "safest jobs/recession-proof jobs" lists, but whenever I read about it, everyone says that it's been affected by the recession and many actuaries that are certified and don't have jobs. Is it actually "safe/recession-proof" job, or is it as bad as they say?
And do actuarial science majors have any options besides being an actuary?</p>
<p>grela;hjreajgreajkcdljrie someone please answer me :(</p>
<p>Few if any jobs are entirely recession proof, but actuaries are close. Like everything else, it’s all supply and demand. While the overall move away from traditional pensions has somewhat reduced the demand for pension actuaries, insurance companies will always need actuaries for many functions. And the bottom line is that few people are qualified to be actuaries. There are always more actuarial jobs than actuaries to fill them.</p>
<p>I would doubt your assertion that many certified actuaries are without jobs. There are certainly some, though most of them have experience in certain areas that may not have the right openings at this time. If you’re talking about entry level, any actuarial major graduating with one or two actuarial exams is almost certain to get hired into an insurance company student program.</p>
<p>Actuarial science majors are candidates for any math intensive job. Their training may be specialized, but they have a skill set in demand by other industries. Same idea as engineering grads going into finance.</p>