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Search: Posts Made By: JohnLocke
Forum: General Actuarial Yesterday, 10:28 AM
Replies: 513
Views: 50,820
Posted By JohnLocke
My counter to that would be: 1) This whole...

My counter to that would be:

1) This whole vote largely came out of nowhere. Beyond going to the AO, it would be rather hard to be informed about this issue. The sumtotal of communication I got...
Forum: General Actuarial 11-12-2018, 03:20 PM
Replies: 1,846
Views: 160,103
Posted By JohnLocke
Whatever happens with data scientists, it is my...

Whatever happens with data scientists, it is my firm belief that what we do with our education systems will have a neglible impact on the outcome regardless. What mostly matters is what actual...
Forum: General Actuarial 11-12-2018, 08:38 AM
Replies: 1,846
Views: 160,103
Posted By JohnLocke
1) seems like it should have been expected, but...

1) seems like it should have been expected, but maybe not? Something along the lines of 2) and 3) must have tipped the scales.

I'm pro-merger but ONLY if done the right way and clearly this...
Forum: General Actuarial 11-11-2018, 11:33 PM
Replies: 1,846
Views: 160,103
Posted By JohnLocke
I find this all bizarre. Would be interested to...

I find this all bizarre. Would be interested to know what was happening behind the scenes. I expected this to fail the CAS membership vote but I thought the board was a gimme.
Forum: Careers - Employment 11-10-2018, 12:47 PM
Replies: 50
Views: 2,975
Posted By JohnLocke
Please, please tell me that this was your...

Please, please tell me that this was your rejection letter:

https://t6.rbxcdn.com/50775a2b0839058a921f59b6c70e4061
Forum: General Actuarial 11-09-2018, 11:14 AM
Replies: 513
Views: 50,820
Posted By JohnLocke
A single crank with unorthodox or flat-out wrong...

A single crank with unorthodox or flat-out wrong ideas would have a much harder time getting into a leadership position than simply being obnoxious about a pet issue at some meeting. I'm not saying...
Forum: Property - Casualty / General Insurance 11-09-2018, 09:37 AM
Replies: 2
Views: 303
Posted By JohnLocke
This is not advice - I am not a P&C actuary. I am...

This is not advice - I am not a P&C actuary. I am just curious.

What is reason to use premium as an offset? If premium is in the offset wouldn't your model already be accouting for all the...
Forum: General Actuarial 11-09-2018, 09:30 AM
Replies: 513
Views: 50,820
Posted By JohnLocke
Did not know - thanks.

Did not know - thanks.
Forum: General Actuarial 11-09-2018, 06:59 AM
Replies: 513
Views: 50,820
Posted By JohnLocke
The scenario I'm imagining (as an illustrative...

The scenario I'm imagining (as an illustrative example) is that you have two alternate methodologies to complete some actuarial task and one is clearly unfounded by any theory and yet supported by a...
Forum: General Actuarial 11-08-2018, 03:06 PM
Replies: 513
Views: 50,820
Posted By JohnLocke
I agree but I expect some extreme opinion on an...

I agree but I expect some extreme opinion on an anonymous bulletin board. I thought the Academy letter was embarrassing and cringe-worthy. They are the face of our profession.
Forum: Property - Casualty / General Insurance 11-03-2018, 07:27 PM
Replies: 361
Views: 47,883
Posted By JohnLocke
Heck I'll do it for $10 - PM me and I'll send you...

Heck I'll do it for $10 - PM me and I'll send you my venmo information.

Step 1 - call yourself a data scientist

Congratulations - you are now a data scientist. You might think I'm being...
Forum: General Actuarial 11-02-2018, 12:16 AM
Replies: 1,846
Views: 160,103
Posted By JohnLocke
So he's always supported FSA-GI? I don't mean...

So he's always supported FSA-GI? I don't mean that to sound snarky. It seems that if two organizations competing are good because it's competition, the same should be said for credentials.

I...
Forum: General Actuarial 10-31-2018, 04:58 PM
Replies: 1,846
Views: 160,103
Posted By JohnLocke
Have we really missed the boat? Maybe if we are...

Have we really missed the boat? Maybe if we are trying to expand what an actuary is. However, I find that extremely dubious. I have a hard time imagining an alternate timeline where actuaries would...
Forum: General Actuarial 10-28-2018, 03:35 PM
Replies: 1,846
Views: 160,103
Posted By JohnLocke
I don't think this is true - either that you...

I don't think this is true - either that you could really do this and be "dual qualified" or that anyone does it - at least in any meaningful frequency.



I think the amount of indifference is...
Forum: General Actuarial 10-28-2018, 02:57 PM
Replies: 1,846
Views: 160,103
Posted By JohnLocke
Let's not confuse actual competency and minimum...

Let's not confuse actual competency and minimum standards for competency. A minimum standard is a neccessary but not sufficient condition.

For instance, there are things in my specialty area...
Forum: General Actuarial 10-28-2018, 11:28 AM
Replies: 1,846
Views: 160,103
Posted By JohnLocke
Certainly the sumtotal of the predictive...

Certainly the sumtotal of the predictive analytics material seems to have significantly less coverage the the CAS exams.
Forum: General Actuarial 10-28-2018, 11:26 AM
Replies: 1,846
Views: 160,103
Posted By JohnLocke
Just because something was learned outside an...

Just because something was learned outside an exam, does not mean it wasn't learned or that the knowledge wasn't useful. I'm sure you've met ACAS who are as competent and knowledgeable in their...
Forum: General Actuarial 10-28-2018, 10:55 AM
Replies: 1,846
Views: 160,103
Posted By JohnLocke
Current ASA requirements have 7 exams + FAP +...

Current ASA requirements have 7 exams + FAP + VEE. I would hardly say they are being handed out like candy. Granted, the domain-specific knowledge is weaker.
Forum: Surveys 10-27-2018, 06:21 PM
Replies: 89
Views: 2,313
Posted By JohnLocke
The more I think about it, the more absolutely...

The more I think about it, the more absolutely "meh" that I feel.
Forum: Surveys 10-27-2018, 02:41 PM
Replies: 89
Views: 2,313
Posted By JohnLocke
Anyone who harassed him is an awful person. He...

Anyone who harassed him is an awful person.
He is an idiot and/or troll.
Forum: Property - Casualty / General Insurance 10-26-2018, 05:11 PM
Replies: 361
Views: 47,883
Posted By JohnLocke
Where does the stategic advantage come in if we...

Where does the stategic advantage come in if we do this? Not against the idea - I just don't see where the advantage comes in at.
Forum: General Actuarial 10-20-2018, 02:40 PM
Replies: 1,846
Views: 160,103
Posted By JohnLocke
Disagree. By being "half-baked" that means things...

Disagree. By being "half-baked" that means things are not fixed and loose...s it is more likely for the final proposal to be influenced and developed according to membership opinion and not solely...
Forum: General Actuarial 10-19-2018, 07:33 PM
Replies: 1,846
Views: 160,103
Posted By JohnLocke
I don't agree with this (for reasons already...

I don't agree with this (for reasons already stated), however, I interpret what he is saying is really independent of practice area. If majority rules then a smaller number (not percentage) of...
Forum: General Actuarial 10-19-2018, 03:18 PM
Replies: 1,846
Views: 160,103
Posted By JohnLocke
That's interesting. I don't mean to imply that...

That's interesting. I don't mean to imply that sections are the primary mechanism that support specialization within the SOA. Many subspecialities don't have sections and instead have committees or...
Forum: General Actuarial 10-19-2018, 03:07 PM
Replies: 1,846
Views: 160,103
Posted By JohnLocke
I don't know anything about funding between...

I don't know anything about funding between practice areas or how the preliminary exams get developed.

The primary areas of education / support that I am involved in and experience are the...
Showing results 1 to 25 of 300

 

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