I agree completely. And this is why an industry-wide respected, non-profit, credentialing mechanism increasingly makes more sense to me. There are a hundred pitfalls to implementing it and some we may never fully overcome, I'm aware, but I think they're worth grappling with to get this very technical and increasingly high-stakes line of work onto a more solid career footing with its big brothers in the engineering disciplines.
I’ve been coming around to this as well. I don’t object to an industry wide exam based on data structures, algorithms binary operations, and design. My main objection is that the exam is taken repeatedly at each interview and scored under secretive conditions.
Actuaries aren’t expected to prepare for and pass a vector calculus and linear algebra exam every time they interview, but they are required to pass a proper exam consistently administered and graded.
This might be a big improvement in our field as well.
Yep actuaries have the right idea, the exams are pretty hard, and require a lot of preparation, but once your done that's it. Actuarial job interviews are more about what kind of person you are, and if you'll work well in a team.
