This gives the student a broad exposure to multiple departments within an insurance company. Students hired by consulting firms should expect to work longer hours with less study time than those joining insurance companies. While in college, students should take courses which prepare them for at least the first two actuarial exams. These two exams cover calculus, linear algebra, probability and statistics. Students should obtain a copy of the exam syllabus and take courses covering as many topics as possible that will be tested in later actuarial exams.
Students hoping to become actuaries often graduate college with one or more exams already passed.
All aspiring actuaries must excel at math as the early exams are pure mathematics exams. Other topics covered in the actuarial syllabus include economics, finance, law, accounting and investments. The broader a person's computer knowledge, the better, as it enables the student to become involved in a greater variety of projects. In addition to strong math skills, successful new actuaries must demonstrate superior communication, leadership and teamwork skills as Fellows are expected to eventually hold senior positions within their organizations. Problem-solving skills are also essential.