By FAY SIMMONS
Tribune Education Reporter
jsimmons@tribunemedia.net
Keric Rolle is breaking barriers in the field of actuarial science, becoming one of a few Bahamians to attain the Fellow of the Society of Actuaries (FSA) designation.
The process included passing a series of nine gruelling examinations, which are notoriously difficult to pass with pass rates consistently around 50 percent.
He began his studies in Actuarial Science at the University of Nebraska-Lincoln, where he obtained a Bachelors of Science in Actuarial Science and went on to complete his examinations while working full-time.
Keric’s interest in the field was sparked after reading a newspaper article that highlighted the benefits of the lesser-known career path.
After researching the industry, he decided to pursue Actuarial Science as a career due to his high aptitude for mathematics, critical thinking and problem solving as well as the field’s $100,000 to $200,000 annual earning potential.
He explained that he was also drawn to the career due to the scarcity of the actuaries within the Bahamas and the challenging but rewarding journey to attain FSA designation
“The designation validates me as an expert in my field. Reaching FSA makes Keric just 1 of 4 fully qualified Bahamian actuaries practicing here in our native Bahamas,” he said.
“The scarcity of actuaries can be attributed to a lack of awareness of the career, the gruelling 9-exam journey and that most candidates opt to stop taking exams, or change careers before reaching the end”
Keric highlighted the importance of ‘laying the foundation’ for future Bahamian actuaries and inspiring young people to expand their career opportunities.
“As one of the early actuaries it’s important that I lay a foundation for future actuaries to thrive. That means expanding career opportunities beyond insurance, and shattering other assumed limitations,” he said.
Keric has also become an entrepreneur through his financial services firm, Expert Consulting, where he works as an Actuarial Consultant specializing in financial modelling and quantitative analysis.
“Actuarial consulting is about using your expertise to develop unique solutions that meet client needs. I collaborate with clients across diverse industries typically producing complex financial projections that enhance client understanding and facilitate informed decision-making,” he explained.
“I aspire to lead a comprehensive actuarial consulting firm, leveraging Bahamian talent to handle complex projects, catering to clients domestically and internationally.”
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