This is a fantastic summary of everything actuarial science can touch on. I started my career as a junior actuary at a small insurance startup and was fortunate to be able to meaningfully contribute to many of these areas because we didn't have many senior actuaries on staff. It was a lot of fun as a 23-24 year old to be involved in making such important strategic decision making, it made me realize that insurance companies are really fascinating financial objects.
There are definitely downsides as many are mentioning. As you specialize your job does get more narrow and "boring" (unless you climb the management ladder). Many major insurance companies are not headquartered in interesting or fun places to live. At some point I realized that life was not for me, and transitioned my skillset to data science/machine learning to give myself a more varied career.
But there are absolutely interesting problems to be solved in the insurance space, particularly for people with strong communication/business skills in addition to the wherewithal needed to deal with the actual nuts and bolts of the math and analysis.
There are definitely downsides as many are mentioning. As you specialize your job does get more narrow and "boring" (unless you climb the management ladder). Many major insurance companies are not headquartered in interesting or fun places to live. At some point I realized that life was not for me, and transitioned my skillset to data science/machine learning to give myself a more varied career.
But there are absolutely interesting problems to be solved in the insurance space, particularly for people with strong communication/business skills in addition to the wherewithal needed to deal with the actual nuts and bolts of the math and analysis.