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Type: Posts; User: alekhine4149; Keyword(s):

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  1. Replies
    5
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    4,888

    I agree - stand out! Do so primarily with exams....

    Having a low GPA will hurt you, no doubt about it. Is it the end of the world? No.

    You need to separate yourself from your competition that has a decent GPA and a few exams. So be prepared to have...
  2. This isn't exactly your question, but my advice...

    This isn't exactly your question, but my advice to any entry level actuarial workers would be: Get everything done early. This may require a lot of focus. Volunteer to help others with their work....
  3. Data is hard to come by. But CAS has organized...

    Data is hard to come by. But CAS has organized some loss triangles that you could play around with:

    http://www.casact.org/research/index.cfm?fa=loss_reserves_data

    Those are specifically for...
  4. Hi Blazer, your situation was very similar to...

    Hi Blazer, your situation was very similar to mine. Same age, GPA within a few percent of yours, good work experience. But your work experience is superior to what I had. Yes, I think you can do it....
  5. Replies
    1
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    2,536

    Yes either could have a negative effect, but GPA...

    Yes either could have a negative effect, but GPA is really the thing. I entered the profession my early 30's with a GPA 2.6ish. I didn't find being older than others an issue at all - I could talk...
  6. No the VEE's are not necessary for MFE, and I...

    No the VEE's are not necessary for MFE, and I can't think offhand how they would be helpful.

    I would not assume MFE is similar to FM. My opinion having been through them all is that FM has the...
  7. Replies
    3
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    2,332

    We would not be going against something...

    We would not be going against something fundamental to the nature of mathematics or reality, that's definitely right. But entirely arbitary is much too strong a phrase. I'd say standard deviation is...
  8. Replies
    3
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    2,332

    No, you are asking a very good question, and an...

    No, you are asking a very good question, and an important one underlying statistics. The measure you describe has a name - the average absolute deviation = E(|x-mu|).

    Standard deviation =...
  9. Replies
    2
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    3,408

    Yes, you have the right idea now. Both exams are...

    Yes, you have the right idea now. Both exams are required by both SOA and CAS. The only difference between societies is that CAS gives you an option to take 3L instead of MLC, but SOA will only give...
  10. Replies
    2
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    2,280

    Your profile says you're a guy, so I think it's...

    Your profile says you're a guy, so I think it's pretty easy. Chances are you will be dressed better than the people working for your employer since you're interviewing (actuarial workers don't...
  11. Replies
    1
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    1,765

    Yes, many actuaries do data mining and some...

    Yes, many actuaries do data mining and some specialize in it. It is absolutely a useful skill in this field.

    Actuary or PhD? This I think varies by employer. I've heard many say that a technical...
  12. Replies
    1
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    3,127

    Yes, it sounds like your experience and education...

    Yes, it sounds like your experience and education are well suited to becoming an actuary. And fortunately you wouldn't have to go back to school. So the only question would be comparing your current...
  13. Hi mcafej, yes it sounds like these will give you...

    Hi mcafej, yes it sounds like these will give you the background you need. I would say get the highest possible grade in each of these classes, then just go straight to practice exams for exam P to...
  14. Pick either. Work very hard. Help your company...

    if my goal is to having a earing average of getting about half a million per year during my career life safely and steadily without getting losing money or losing job

    Pick either. Work very hard....
  15. I think this refers to a regulatory paradox that...

    I think this refers to a regulatory paradox that has been ongoing in the insurance industry. Insurance has been decided by the courts and law to be largely exempt from anti-trust regulation....
  16. I don't have the book, but I can see what's...

    I don't have the book, but I can see what's happening: Your first statement is wrong because in words you are saying "The probability that the smallest of the three random variables is less than 3 is...
  17. Maybe it's a good time for a follow up call. If...

    Maybe it's a good time for a follow up call. If they have forgotten you, you will remind them. If they have decided against you, you can't hurt your chances, so you may as well give them a call.
    ...
  18. Replies
    7
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    2,655

    My suggestions: Remove 'Nevada Life and Health...

    My suggestions:

    Remove 'Nevada Life and Health Insurance' from the Exam section just because I can't tell what it means. Maybe your interviewer will be confused as well by it.

    Use some other...
  19. Replies
    2
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    1,698

    Yes, missing something. :) You don't have to...

    I am totally confused to the solution SOA has to this. To solve they use the integral of f(t) = 1 - exp((1 - (1.1^x))/1000). Their solution to the integral is
    -exp((1 - (1.1^x))/1000). I come up...
  20. Replies
    1
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    1,832

    Hi pnichols, I can't hang out with you which is...

    I'm exploring the actuarial field as a a new career for myself, and I'd like to learn more about it. I love math, but only took up through Calc 3 in college (10 years ago). I tutor and teach...
  21. Replies
    1
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    3,677

    Hi jrk012, GPA matters for your first actuarial...

    Hi jrk012, GPA matters for your first actuarial job, and some employers won't consider candidates with 3.1 GPA. Likelihood of getting a well-paying job is mostly related to aggressively seeking...
  22. Replies
    4
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    2,148

    Not that the OP asked, but I sometimes want to...

    Not that the OP asked, but I sometimes want to rant about the misconception that profit is bad in insurance.

    Non-profit is somewhat meaningless in insurance. Even if it sounds all cynical, it's...
  23. Replies
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    31,373

    Cracking the AP Economics Macro & Micro Exams....

    Cracking the AP Economics Macro & Micro Exams. Princeton Review.
  24. Replies
    7
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    4,574

    Sorry Zeigy, I'll try again: P/1 is like picking...

    Sorry Zeigy, I'll try again: P/1 is like picking up girls at a club. Anybody is allowed in the club, and there are 30 girls. 10 of them are easy, but there's no prize in getting them because...
  25. Replies
    7
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    4,574

    Taking actuarial exams is like being a magician...

    Taking actuarial exams is like being a magician in Dungeons & Dragons. The first few levels are primarily for initiation and exposure - you mostly stay in the background and launch magic missiles at...
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