Are Actuaries irrelevant?

In a world where AI, big data, and improved analytics are increasingly relied upon for complex tasks, and with regulatory landscapes constantly changing, how has the career path of the Actuary evolved over the years?

In fact, asks Clare Nash, “Are Actuaries still relevant to Boards?”  In response Willis Towers Watson Senior Director Jeremy Nurse (FIA) says …

JN: “When I started my actuarial career almost 40 years ago, the path ahead was clear – pass the exams, get a good grasp of the financials of the business, and lead a small technical team.  Next, get involved with the profession by writing a paper or two, manage a bigger department, network with other senior actuaries in the Dining Clubs, then take a senior executive or Board role somewhere in the firm (possibly unrelated to being an actuary). And to cap it all, become a member of the Council of the ABI, PMI, ACA, Institute or Faculty, retire after distinguished service and join a few other Boards in retirement. Career and comfortable life sorted!

Norman Broadbent plc (LON:NBB) is a leading Professional Services firm offering five interrelated Talent Acquisition & Advisory Services: Board & Leadership/Executive Search, Senior Interim Management, Research & Insight, Leadership Consulting & Assessment, and executive level Recruitment solutions.

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