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Forum: Careers - Employment 08-10-2018, 07:00 PM
Replies: 77
Views: 7,705
Posted By ActuaryFromMTL
I majored in Actuarial science from the...

I majored in Actuarial science from the university of Montreal.

I never did Putnam
Forum: Careers - Employment 08-05-2018, 10:37 PM
Replies: 77
Views: 7,705
Posted By ActuaryFromMTL
Ok thanks for all your insights, they are much...

Ok thanks for all your insights, they are much appreciated. I will look at it more deeply and will probably attend some information sessions this fall in HEC. Hopefully I can do it without having to...
Forum: Careers - Employment 08-05-2018, 10:30 AM
Replies: 77
Views: 7,705
Posted By ActuaryFromMTL
Thanks for the info. I was honestly looking to do...

Thanks for the info. I was honestly looking to do that.

Do you know what his job is? and what company?
Forum: Careers - Employment 08-04-2018, 08:37 PM
Replies: 77
Views: 7,705
Posted By ActuaryFromMTL
Honestly Idk how this thread went from actuaries'...

Honestly Idk how this thread went from actuaries' salaries to Kesha...

Come on boys let's talk about money...

Anyone knows someone who works in portfolio management? An ex-collegue of mine...
Forum: Modules 6-8 07-28-2018, 10:49 AM
Replies: 220
Views: 47,438
Posted By ActuaryFromMTL
Hey guys, one of the metrics that I chose to help...

Hey guys, one of the metrics that I chose to help me pick a portfolio mix is the mean. How do you guys justify the requirement for it?

For now, I wrote something like "As a return metric, we...
Forum: Modules 6-8 07-25-2018, 07:58 PM
Replies: 2
Views: 687
Posted By ActuaryFromMTL
Oui, c'est ça que je fais en ce moment pour me...

Oui, c'est ça que je fais en ce moment pour me préparer :smile:
Forum: Careers - Employment 07-24-2018, 08:49 PM
Replies: 77
Views: 7,705
Posted By ActuaryFromMTL
Thanks for the advice. I actually did an...

Thanks for the advice.

I actually did an internship at TD. I might contact one of my ex-collegues to see if there are any openings.

I've heard Intact does not pay that good, I have no idea...
Forum: Careers - Employment 07-23-2018, 07:19 PM
Replies: 77
Views: 7,705
Posted By ActuaryFromMTL
True that :lol:

True that :lol:
Forum: Careers - Employment 07-22-2018, 06:12 PM
Replies: 77
Views: 7,705
Posted By ActuaryFromMTL
Great advice. Thanks. I'm not...

Great advice. Thanks.



I'm not particularly "passionate" about any field, I like all actuarial jobs equally. I don't think there are many actuaries out there who were passionate about their...
Forum: Careers - Employment 07-22-2018, 10:53 AM
Replies: 77
Views: 7,705
Posted By ActuaryFromMTL
Yes, I am. Do you know what company should I aim...

Yes, I am. Do you know what company should I aim for in Montreal in terms of salary, now and after?



When I graduated there was not many opportunities, so I took the first offer I got cause I...
Forum: Careers - Employment 07-22-2018, 08:35 AM
Replies: 77
Views: 7,705
Posted By ActuaryFromMTL
Yeah that's why I want to get opinions from...

Yeah that's why I want to get opinions from people living in Montreal because you can't really compare salaries in different cities without taking COL into consideration.

Do you guys know what is...
Forum: Careers - Employment 07-21-2018, 09:15 PM
Replies: 77
Views: 7,705
Posted By ActuaryFromMTL
That's CAD bro :shake2: I have 4 prelim exams and...

That's CAD bro :shake2: I have 4 prelim exams and FAP modules (only MLC and PA left for ASA).

That's why I wanna go somewhere else to get paid more. As far as enjoying what I do, what is it worth...
Forum: Careers - Employment 07-21-2018, 03:59 PM
Replies: 77
Views: 7,705
Posted By ActuaryFromMTL
Best paying field

Hi all,

I finished my degree a year ago, and found a job right away in pension. I like my job, I like the team etc. However, my salary is very much lower than I anticipated (50k) and I'm a...
Forum: Modules 6-8 07-21-2018, 03:48 PM
Replies: 2
Views: 687
Posted By ActuaryFromMTL
FA July 27th

Hi all,

I'm gonna take the FA next week-end july 27th. Anybody else wanna create a group?
Forum: Long-Term Actuarial Math 05-14-2018, 07:59 PM
Replies: 560
Views: 112,979
Posted By ActuaryFromMTL
I agree. The MC questions were way harder than...

I agree. The MC questions were way harder than previously, which left less time to complete the WA questions.
Forum: Long-Term Actuarial Math 05-11-2018, 11:24 PM
Replies: 560
Views: 112,979
Posted By ActuaryFromMTL
I graded myself also and got 59.5/96. So now my...

I graded myself also and got 59.5/96. So now my only hope is for the SOA to make us a huge gift by setting the pass mark very very very low. But I don't think so, count me in for October LTAM lol
...
Forum: Long-Term Actuarial Math 04-28-2018, 09:24 AM
Replies: 560
Views: 112,979
Posted By ActuaryFromMTL
That wording is the same as usual and we always...

That wording is the same as usual and we always assume that the settlment expenses include the renewal expense of the first year.

As far as that reserve formula, tell me where in the recently...
Forum: Long-Term Actuarial Math 04-27-2018, 07:19 PM
Replies: 560
Views: 112,979
Posted By ActuaryFromMTL
It doesn't make any sense, I checked the wording...

It doesn't make any sense, I checked the wording over and over and they made it clear that the initial 400 expense includes the 45.

I can see that formula in the CA formula sheet but for some...
Forum: Long-Term Actuarial Math 04-26-2018, 10:27 PM
Replies: 560
Views: 112,979
Posted By ActuaryFromMTL
I did also IAx = P/ax but for some reason I...

I did also IAx = P/ax but for some reason I couldn't get the gross premium they were asking for. It is supposed to be 920 and I was getting 910 for some reason. I lost like 15min on this.

But I...
Forum: Long-Term Actuarial Math 04-24-2018, 07:10 PM
Replies: 560
Views: 112,979
Posted By ActuaryFromMTL
In my room, one guy left with 20 minutes left....

In my room, one guy left with 20 minutes left. Everyone else was writing til the very end.

I left the last 2 WA completely blank and did not even finish the other 4. I mean sure I lost about...
Forum: Long-Term Actuarial Math 04-24-2018, 02:58 PM
Replies: 560
Views: 112,979
Posted By ActuaryFromMTL
I did it too. This is definitely harder than...

I did it too. This is definitely harder than Fall2017. I think it's comparable to Spring2017.

I guessed about 3-4 MC questions but I did not have enough time to finish. I left WA 5 and 6...
Forum: Long-Term Actuarial Math 04-23-2018, 04:40 PM
Replies: 2
Views: 827
Posted By ActuaryFromMTL
Thanks Adapt and Chill. You are right. Here...

Thanks Adapt and Chill. You are right.

Here is the mistake I made.

I thought the 10,000 in font of 0.015 for V(0) was actually the reserve at state 2 but THAT is the b^(ij) I was looking for....
Forum: Long-Term Actuarial Math 04-23-2018, 03:36 PM
Replies: 2
Views: 827
Posted By ActuaryFromMTL
CA practice WA #2 question 3

Hi all,

If someone has a subscription to CA, how come the solution for the solution for exercise 3 b) doesn't take into account the benefit from going from state 0 to states 1, 2 ? Which are 1,000...
Forum: Long-Term Actuarial Math 04-23-2018, 01:41 PM
Replies: 560
Views: 112,979
Posted By ActuaryFromMTL
Wrong. You use the hurdle rate when you calculate...

Wrong. You use the hurdle rate when you calculate the EPV(premiums) for the profit margin.
Forum: Long-Term Actuarial Math 04-22-2018, 01:55 PM
Replies: 7
Views: 1,366
Posted By ActuaryFromMTL
Oh I think I understand now. So, let's say...

Oh I think I understand now.

So, let's say I purchase a small UL insurance policy of $10,000 and I want to avoid paying taxes. All I have to do is pay way more than the minimum premium required...
Showing results 1 to 25 of 80

 

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