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Salient. Victoria University Student Newspaper. Vol 35 no. 15. 1972

AMP has extra money for you Special generous increases are awarded to actuarial students by AMP each year — and that's just part of the reward you get by going in for this highly satisfactory career. Actuarial work involves the application of mathematical and statistical methods to problems arising in life assurance offices, pension funds, banks, government and commercial institutions. AMP gives generous financial assistance to actuarial students in respect of their tuition and examination fees…

AMP has extra money for you Special generous increases are awarded to actuarial students by AMP each year — and that's just part of the reward you get by going in for this highly satisfactory career. Actuarial work involves the application of mathematical and statistical methods to problems arising in life assurance offices, pension funds, banks, government and commercial institutions. AMP gives generous financial assistance to actuarial students in respect of their tuition and examination fees, as well as awarding special salary increases to members of its staff who gain the degree of Fellow of the Institute of Actuaries. This, of course, is in addition to usual AMP benefits such as merit awards, superannuation, housing finance for married staff, and long service leave. As an actuarial student, you'll be employed initially in the Society's Wellington office, with a special living-away-from-home allowance if applicable. Later, transfer to the Society's head office in Sydney is usual in order to obtain wider experience. The exams you'll take when you're ready will cover subjects of a mathematical nature (including probability, calculus of finite differences, life contingencies and statistics) and also financial subjects. The later parts of the examinations deal with the application of such subjects to actual professional problems. Frank Robertson is a good example of how high and how fast you can rise in AMP's actuary department. Joining AMP in 1964, he obtained his F.I.A. in 1967 and was appointed an Assistant Branch Actuary in 1969. Today he is New Zealand Branch Resident Actuary — and he's looking for graduates and undergraduates to join him in this rapidly growing and very rewarding field. Frank Robertson will be at the Careers Advisory Board on Friday 7 July. Phone Miss Wendy Porter at 46-040 or 44-447 for an appointment. AMP More New Zealanders insure with the AMP Society than with any other life office.