Actuary vs Accountant - 4 Major Differences!

Accountants analyze the flow of money through an organization and actuaries analyze risk and its financial consequences. If you enjoy working with numbers, then becoming an actuary or an accountant are both viable options.

But, what is the difference between these two careers?

The primary difference is that actuaries predict the financial impact of events that may or may not occur in the future, whereas accountants deal with the financial impact of events that have already occurred.

Many people assume that they’re similar jobs, but they differ in terms of the type of work they do, salary, education requirements, and employment opportunities.

In this video, I'll be talking about all these differences and how you can decide which career would be a good fit for you!

TIMESTAMPS:
• Intro 0:00​
• Nature of work 0:52
• Salary difference 4:06
• Education requirements 6:50
• Employment opportunities 9:03

LINKS MENTIONED:
• The Best Major for an Actuary (BLOG) https://etchedactuarial.com/best-actuary-major/
• Actuary Salary - https://www.youtube.com/watch?v=59xLgm3kuIs&t=2s
• How actuarial exams work - https://www.youtube.com/watch?v=pnQ5TGRTVik

P.S. Want a mentor on your journey to getting your first full-time actuarial job? I'm here for you! Check out the Actuary Accelerator Community.

https://etchedactuarial.com/accelerator/

During the month of November 2020, in the Community, we will be talking all about how to prep for interviews. With the onset of hiring season, you need to stand out from the competition and ace your interviews, so this is valuable information you won't want to miss!

** Note that if you're watching this later, you'll still be able to access all the videos in the Accelerator Community.

#actuary #actuarialscience

Видео Actuary vs Accountant - 4 Major Differences! канала Etched Actuarial