Carlo Lahura works as an Actuarial Consultant with EY where he has advised a variety of national and international clients since 2017, and obtained his FCAS credential in 2019. Carlo graduated as Valedictorian from the University of Waterloo in 2017 with 7 actuarial exams, president of various clubs, and nearly 2 years of actuarial internships.
Why would you recommend a career in the insurance industry to current college students?
Insurance is what enables society to advance forward without worrying about large risks that may cause significant financial problems – that provides my career with a tremendous sense of value. As an actuary, I enjoy working on complex math puzzles every day to better serve my clients, all the while enjoying rewarding benefits and comfortable work conditions.
Why did you become an actuary?
I liked math and was good at it, so I wanted to base my career around that. What keeps me here is the engaging nature of the work and the community of actuaries – it’s a friendly and tight-knit group!
What drew you to a career in property and casualty insurance?
I did 5 actuarial internships in college, with only the last one being a P&C internship. The short-term nature and larger variety in our products were what convinced me that P&C was the right fit for me.
What can students do now to prepare for a career in the industry?
First, learn to code as big data is a real thing and is playing a key role in the modernization of the actuarial profession. Second, actively seek out presentation opportunities as actuaries with public speaking skills are highly valuable. Third, get through your exams as fast as you can. I obtained my FCAS early by front-loading the exams, and I have absolutely zero regrets from that grind. If you have any questions, feel free to reach out directly to me on LinkedIn!