Actuarial Sciences Personal Statement

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  • Topic: Insurance, Actuarial science, Nash equilibrium
  • Pages : 2 (640 words )
  • Download(s) : 1725
  • Published : March 27, 2011
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My attitude towards mathematics aroused because of its simplicity, that as long as you follow the right steps in a systematic order, you will reach the correct answer. At the same time, the challenge which it provides, with its complex yet logical questions, makes it highly addictive for me. My obsession with numbers remained limited to writing pads, until I read about John Nash, the American mathematician, who invented his famous Nash Equilibria, a very integral part of economic and financial systems across the world. It is from this point on I became increasingly fascinated by how numbers can directly or indirectly affect humans, and, for this reason, I wish to pursue a career in Actuarial Sciences. I gathered quite a lot of knowledge about the insurance sector and how actuaries are linked to this field while I worked as a Trainee in a large insurance company, ALICO, a member of AIG. I worked under the supervision of an Executive Insurance Consultant, where I was introduced to several work aspects of the organization. Reviewing various insurance policies, and being given an insight into how they came into being, not only fascinated me, but made my determination to pursue this career even stronger. I was frequently taken out to meet different clients, observing how questions, queries, and uncertainties were tackled. This taught me a lot about the professional life, work ethics, and most importantly, how committed and consistent you should be with your job. I also consider the leadership and management skills I picked up as a School Prefect, and as Head of Prefects, highly helpful. Often having won the debates for my team, I believe I have the required effective communication skills necessary for the course I wish to study. I also imagine myself fully capable of coping with the level of sophistication and amount of thinking involved in mathematical and other related courses in the universities. I was ranked third equal in the world, in my IGCSE Additional...
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