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Showing results 1 to 25 of 300
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Search: Posts Made By: Beach Bum
Forum: General Actuarial 08-29-2019, 09:54 AM
Replies: 55
Views: 4,000
Posted By Beach Bum
This thread is a good reminder that SOA is trying...

This thread is a good reminder that SOA is trying to ruin the P&C industry. Lucky for the CAS we're here to save it.
Forum: General Actuarial 06-19-2019, 09:39 AM
Replies: 33
Views: 4,851
Posted By Beach Bum
Record number of FCAS each year. Sorry the FSA...

Record number of FCAS each year. Sorry the FSA exams are a joke and the SOA wants everyone and their brothers to become a credentialed actuary. Marketing degree, no problem we have the study guides...
Forum: Professional Surveys 04-26-2019, 11:38 AM
Replies: 120
Views: 30,750
Posted By Beach Bum
Had a very good year as far as compensation....

Had a very good year as far as compensation. Nearly 15% raise but more importantly a bonus in line with my total salary when I became a fellow ages ago. That said, a third of bonus was tied to a one...
Forum: Non-Actuarial Personal Finance/Investing 04-23-2019, 04:54 PM
Replies: 521
Views: 48,687
Posted By Beach Bum
There's a lot of bias here. For all we know he...

There's a lot of bias here. For all we know he can do one great thing, shatter one expectation, and the stock can climb 40% in 3 months.
Forum: Non-Actuarial Personal Finance/Investing 04-23-2019, 12:02 PM
Replies: 521
Views: 48,687
Posted By Beach Bum
I see them everywhere these days (Chicagoland)....

I see them everywhere these days (Chicagoland). The original model was/is sweet, everything since is fugly. I saw one totaled on the side of road a few weeks ago, well by totaled it wasn't the most...
Forum: Non-Actuarial Personal Finance/Investing 04-04-2019, 10:38 AM
Replies: 521
Views: 48,687
Posted By Beach Bum
With the stock down so much already, do you think...

With the stock down so much already, do you think there's another 9%+ move in the next 24 hours? And to really make money more like 15%+, good luck. I'll be watching.
Forum: Non-Actuarial Personal Finance/Investing 04-03-2019, 10:31 PM
Replies: 521
Views: 48,687
Posted By Beach Bum
Not sure the specifics with Tesla, but if you've...

Not sure the specifics with Tesla, but if you've ever driven in a Prius or a Volt their power meters can increase in stop and go settings. Uber drivers in these cars have ran me through the...
Forum: Non-Actuarial Personal Finance/Investing 03-13-2019, 04:22 PM
Replies: 1,797
Views: 243,042
Posted By Beach Bum
AerCap is up big since the event, basically the...

AerCap is up big since the event, basically the company that sells/leases a bunch of Boeings.

Maybe investors aren't pushing down Boeing since they believe this allows them to sell more planes. ...
Forum: Careers - Employment 03-08-2019, 11:34 AM
Replies: 38
Views: 3,719
Posted By Beach Bum
So what's your take when people from the sticks...

So what's your take when people from the sticks name drop their former employers (i.e. My time at Cattle Mutual was really special)?
Forum: Careers - Employment 03-01-2019, 03:40 PM
Replies: 138
Views: 9,536
Posted By Beach Bum
Basically, but fact is Chicago has all of these...

Basically, but fact is Chicago has all of these offerings seeing as most cities don't. As for the carriers you mention, those are the big three that I speak of when discussing the local job market. ...
Forum: Property - Casualty / General Insurance 03-01-2019, 08:13 AM
Replies: 6
Views: 671
Posted By Beach Bum
The majority of inputs come directly from...

The majority of inputs come directly from Schedule P and the Annual Statement. Additional work is needed in a few areas, such as reviewing asset concentration as well as the Cat Modeling input for...
Forum: Careers - Employment 03-01-2019, 08:09 AM
Replies: 138
Views: 9,536
Posted By Beach Bum
If your salary plus bonus is in the 250-400k...

If your salary plus bonus is in the 250-400k range, like many senior actuaries, you're doing quite well in a place like Chicago with tons of semi-affordable suburbs to live in. Certainly your money...
Forum: Property - Casualty / General Insurance 02-20-2019, 09:53 AM
Replies: 11
Views: 772
Posted By Beach Bum
Yes of course. You'll often see pricing ELRs be...

Yes of course. You'll often see pricing ELRs be the justification for current year reserve estimates, especially with longer tailed lines where there is very little experience in year one.
Forum: Property - Casualty / General Insurance 02-01-2019, 10:54 AM
Replies: 195
Views: 49,395
Posted By Beach Bum
That's awesome.

That's awesome.
Forum: Property - Casualty / General Insurance 12-21-2018, 11:08 AM
Replies: 2
Views: 434
Posted By Beach Bum
I see /use it synonymous with total insured...

I see /use it synonymous with total insured values (TIV). If you insure a building with $10M in building value, $1M in contents, $1M in business interruption, you'd have $13M in TIV.

Sum insured...
Forum: Careers - Employment 12-11-2018, 10:58 PM
Replies: 39
Views: 5,482
Posted By Beach Bum
Yeah it's been comical. Goes to my clutter/other...

Yeah it's been comical. Goes to my clutter/other folder so haven't minded. Just laugh at the number of responses begging to be taken off.
Forum: Property - Casualty / General Insurance 12-07-2018, 03:32 PM
Replies: 195
Views: 49,395
Posted By Beach Bum
No. That would have been a welcome surprise.

No. That would have been a welcome surprise.
Forum: Property - Casualty / General Insurance 12-07-2018, 03:12 PM
Replies: 195
Views: 49,395
Posted By Beach Bum
Damn the stock is getting hammered. Was looking...

Damn the stock is getting hammered. Was looking to short this company via puts not too long ago, but didn't.
Forum: Careers - Employment 11-30-2018, 01:03 PM
Replies: 39
Views: 2,765
Posted By Beach Bum
Yes, I agree with this. I don't see DS people at...

Yes, I agree with this. I don't see DS people at an exec table at any point. There's always the accounting or banking background person, there's always at least several with underwriting background,...
Forum: Careers - Employment 11-30-2018, 10:03 AM
Replies: 39
Views: 2,765
Posted By Beach Bum
What's the ceiling for a data scientist at an...

What's the ceiling for a data scientist at an insurance company? I'd have to believe actuaries have a much higher ceiling, have people thought about this?
Forum: General Actuarial 11-08-2018, 05:44 PM
Replies: 1,959
Views: 198,165
Posted By Beach Bum
If I'm an FSA or the SOA, I see every reason to...

If I'm an FSA or the SOA, I see every reason to want to absorb the CAS.

If I'm an FCAS or the CAS, I see very few reasons to be absorbed by the SOA, and they are mediocre at best.
Forum: Finance - Investments 11-07-2018, 12:02 PM
Replies: 956
Views: 235,929
Posted By Beach Bum
CPS lost 10,000 students this year, meaning it's...

CPS lost 10,000 students this year, meaning it's decreasing trend continues. Cook county is shrinking, the State had I believe the largest population decrease in the country.

Now we elect a...
Forum: General Actuarial 11-07-2018, 10:38 AM
Replies: 524
Views: 64,286
Posted By Beach Bum
Honestly, I don't know apart from recalling...

Honestly, I don't know apart from recalling conversations with at least two people (separate companies) saying they weren't MAAAs anymore. Could be expense thing, could be confusion of multiple...
Forum: General Actuarial 11-07-2018, 10:00 AM
Replies: 524
Views: 64,286
Posted By Beach Bum
Then why are some companies pushing for only the...

Then why are some companies pushing for only the FCAS and do not want you to be part of the AAA?
Forum: General Actuarial 11-07-2018, 08:48 AM
Replies: 524
Views: 64,286
Posted By Beach Bum
Not sure what the AAA even does for me. I think...

Not sure what the AAA even does for me. I think I'm going to stop paying its dues. No longer be a member after this next go around.
Showing results 1 to 25 of 300

 

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