I am currently in an actuarial trainee role, however, my interest in this career is fading but is a good job when the market goes through bad times. In 2/3 years I think I will want to move on to something more directly involved in the stock market. By that time I will be 25, part qualified actuary with MSc in financial maths. Can anyone think of a good switch at that time? I'm considering trading, perhaps derivative trading, is this something you get in from a graduate scheme or can you get into this from another angle? I don't really want to start again as a graduate trainee, I should have more knowledge about finance from the actuarial exams than the average graduate trainee surely. Any advice greatly appreciated , thanks.

Firstly, I'm sorry nobody seems to have taken the time to comment, I always think that's unfortunate - someone looking for advice, everyone ignores. Mind you, the advice offered here rarely extends beyond the obvious. Clearly that's not an attack on anyone in particular, just a simple observation. Anyway...You really grabbed my attention when you said you're losing interest in your actuarial job. Why? Because a couple of years ago I was given the opportunity to train as an actuary just like you. I think I understand your perspective, does it go something like this......hmmm, actuarial has many good things going for it - decent money, reasonable hours etc. But! It just isn't exciting enough, damn it! You only get one chance and so you ought to aim high! Let me see...I know, investment banking, lots of money etc, great!...I understand, and if I were to guess, I would bet most people here do too. But what I'd like to know is...why is it so boring? You see, I still haven't COMPLETELY ruled it out as a career option myself.With regard to advice, well I'm not in the best position but I'd say this...whatever you do, finish your exams, maybe even pick up quickly the "certificate/advanced certificate in derivatives" (you know what I mean, see actuaries.org.uk). Then go looking for a job. I know OF one actuary who's working as a trader for a rather prestigious bank. I'm sure you've heard similar stories. Anyway, definitely you don't need a PhD! Don't go near one. Get through your exams in good time and you should be fine. I WOULD bet on it.