Whatever the hype, the following is true: in the end you just do more number crunching just in a very slightly different context.
The differences between these three areas are vastly hyped. Why?
There are vested interests at play, such as:-
- the lazy managers who would rather not 'train' someone,
or more sinisterly,
- those who have an interest in segregating the job market in this way to restrict opportunities and hence (i) get more desperate candidates which means more ability to push their pay down by making out they're doing the candidate a huge favour by offering a cross over opportunity and (ii) retain existing employees in their tiny little segment of Actuarial work.
NOT FORGETTING:
It is a very convenient way to cut down on job applications by throwing those CV's into the bin of people who don't have the correct segment's experience. This goes contrary to fallacious claims by some on this site that there are vastly more Actuary jobs than job applicants.
Last edited by a moderator: Nov 5, 2013