Saturday, January 14, 2012

More Media Attention on Actuaries

The Society of Actuaries' webpage has a link to an article on an Alabama TV station site regarding "2012 Top Paying Jobs." Here's the "money" quote (pun intended):

"And the top job in 2012, are the people like Lee Bowron, an Actuary. As a consultant, he crunches the numbers on financial risk for insurance companies...
Fact - actuaries have the potential to make 137-thousand a year."

Of course, this is really a meaningless statement. Saying "potential" is like saying that one could earn "up to" 137 thousand a year - virtually any number fits the statement. Also, there are lots and lots of actuaries who make well over 137K - in fact, I wonder where they even got that number, and what kind of statistic it represents.

Also, the starting salary mentioned in the article for actuaries seems low.

- Rick

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