https://www.soa.org/communities/career-development/cd-newsletter-articles/2026/january/2026-01-cd-arocha/
Perhaps most importantly, the rise of AI is reshaping the identity of the profession itself. No longer defined solely by technical modeling, actuaries are increasingly called on to act as stewards of fairness, interpreters of complex algorithms and advisers on strategic risk. This evolution is both a challenge and an opportunity. If embraced proactively, it positions actuaries not as passive AI users but as leaders guiding its responsible application in global financial security systems.
To be fair, the profession has been changing long before mainstream media darling LLMs arrived on the scene. In 1985, an Actuary worked at a giant life insurance company for 35 years and then retired after having 1 job. Now, Actuaries jump from job to job with the hot shots climbing to the top of a small consulting firm. These kinds of small firms did not exist before 1990. Anyhow, as the hot shots keep rising eventually they start their own shop. There are many insurance brokers in Canada and the USA that are very big and do everything except the Actuarial work. These brokers employ the services of these small actuarial consulting firms.
Property and Casualty is booming.
It is fun to watch.
