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Is being an actuary as lucrative as my parents tell me?

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Question in the title. Currently, my father is an insurance analyst and he goes on and on about how sought after actuaries are in his department and in the industry in general. My cousin residing in Canada currently is making 6 figures right out of school as an actuary. My father gave me the option of either being pre-med or a mathematics major here at Berkeley and I've chosen to hopefully major in Stats. I'm just curious if being an actuary is a good as it sounds or the people in life just happen to see things skewed in one direction?

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