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Search: Posts Made By: Robot_Insurance
Forum: Professional Surveys 07-11-2011, 11:40 AM
Replies: 142
Views: 29,814
Posted By Robot_Insurance
I think the issue is that the exam process...

I think the issue is that the exam process selects for people who just want to learn a skill, do a couple thousand hours of studying and get a predictable, steady job with a six-figure salaries. When...
Forum: Professional Surveys 07-11-2011, 11:22 AM
Replies: 142
Views: 29,814
Posted By Robot_Insurance
I'm not sure if I've posted this before, but I...

I'm not sure if I've posted this before, but I would recommend reading through this thread about Private Equity. BTW, Megafunds are places like KKR and "MM" means "Middle Market."
...
Forum: Careers - Employment 06-08-2011, 05:05 PM
Replies: 178
Views: 15,729
Posted By Robot_Insurance
BTW, my comments apply more for when there is...

BTW, my comments apply more for when there is less of a buyer's market for employers. It's true that for EL actuaries now, employers can get those who can do Excel, do exams, and have great...
Forum: Careers - Employment 06-08-2011, 03:18 AM
Replies: 33
Views: 3,205
Posted By Robot_Insurance
Yeah, I understand that. But it's also taboo to...

Yeah, I understand that. But it's also taboo to say "even though my division has been very successful, my company has instituted a pay freeze for three years even as I passed more exams and gained...
Forum: Careers - Employment 06-08-2011, 03:11 AM
Replies: 178
Views: 15,729
Posted By Robot_Insurance
In my case, my feeling was that the...

In my case, my feeling was that the "communication skills" used for interviewing sucked but that the actual communication skills used on a job were pretty decent. I got good feedback about being able...
Forum: Careers - Employment 06-07-2011, 10:31 PM
Replies: 33
Views: 3,205
Posted By Robot_Insurance
The issue I have with this mentality is that...

The issue I have with this mentality is that whatever you say "to sell and to impress" isn't actually an answer to "Why do you want to leave your current job?" I have a hard time calling it something...
Forum: Careers - Employment 06-07-2011, 09:50 PM
Replies: 178
Views: 15,729
Posted By Robot_Insurance
I can empathize a lot with your position. As some...

I can empathize a lot with your position. As some generic, hopefully non-identifying background on me, I finished undergrad with a very good GPA for my major and some internships. Apparently I did a...
Forum: Careers - Employment 06-07-2011, 09:11 PM
Replies: 178
Views: 15,729
Posted By Robot_Insurance
I'll be an ass and say you meant ctrl+shift+down...

I'll be an ass and say you meant ctrl+shift+down arrow.

F2, Ctrl+Shift+Down, Ctrl+Shift+PgDn (when you have to select a bunch of rows but not all the rows), Ctrl+Space, Ctrl+PgDn/PgUp have all...
Forum: Careers - Employment 05-25-2011, 02:11 AM
Replies: 259
Views: 30,782
Posted By Robot_Insurance
Yup, that's the issue right there, for both the...

Yup, that's the issue right there, for both the employer and the employee. For the employees, a lot of Gen Y kids had helicopter parents who always said they were special and #1. They go into the...
Forum: Non-Actuarial Personal Finance/Investing 05-07-2011, 04:26 PM
Replies: 1,428
Views: 242,413
Posted By Robot_Insurance
I take a break for MFE hell week and this is what...

I take a break for MFE hell week and this is what happens.

I have no clue what the hell silver will do the next few months. All I know is that the banks are loving the bid-ask spreads from all the...
Forum: Careers - Employment 04-29-2011, 02:34 AM
Replies: 68
Views: 5,734
Posted By Robot_Insurance
I would be interested in examples of what you're...

I would be interested in examples of what you're talking about. I just have not seen an actively-managed regular mutual fund which far exceeds the S&P. Mutual funds have a couple of structural...
Forum: Careers - Employment 04-28-2011, 11:32 PM
Replies: 78
Views: 21,074
Posted By Robot_Insurance
Yeah, finance would have been more attractive to...

Yeah, finance would have been more attractive to me without the high stress/high turnover aspects. That's a cultural thing that isn't really necessary, except for traders and quants who have to beat...
Forum: Non-Actuarial Topics 04-28-2011, 05:22 PM
Replies: 167
Views: 7,229
Posted By Robot_Insurance
Just shows the issues with the "keeping up with...

Just shows the issues with the "keeping up with the Joneses" mentality. People spend money on things that are absolutely, 100% worthless just to raise their relative standing.
Forum: Careers - Employment 04-28-2011, 03:18 AM
Replies: 78
Views: 21,074
Posted By Robot_Insurance
For my own reasons, I became very familiar with...

For my own reasons, I became very familiar with how finance careers are really like. I'll try to break it down into different finance roles.

1. Bankers, i.e. M&A, IPO, etc. These guys are...
Forum: Non-Actuarial Personal Finance/Investing 04-28-2011, 01:30 AM
Replies: 3
Views: 966
Posted By Robot_Insurance
I'm surprised that the Moody's testimony did not...

I'm surprised that the Moody's testimony did not get played up more:

http://www.cnbc.com/id/37498773/Negative_Reviews_for_Warren_Buffett_s_Defense_of_Moody_s_to_Crisis_Commission

I'm not as...
Forum: Non-Actuarial Personal Finance/Investing 04-28-2011, 01:08 AM
Replies: 1,428
Views: 242,413
Posted By Robot_Insurance
Nice. Well done.

Nice. Well done.
Forum: Careers - Employment 04-27-2011, 10:19 PM
Replies: 22
Views: 4,368
Posted By Robot_Insurance
I'm curious, did the certification feel like a...

I'm curious, did the certification feel like a "checking the box" type thing or did it actually enhance your Excel skills?

Certification doesn't do much, good or bad, because nobody is really...
Forum: Non-Actuarial Personal Finance/Investing 04-27-2011, 10:08 PM
Replies: 1,428
Views: 242,413
Posted By Robot_Insurance
But then where else would we find so much...

But then where else would we find so much bullshit?
Forum: Careers - Employment 04-27-2011, 09:56 PM
Replies: 53
Views: 5,468
Posted By Robot_Insurance
Interpersonal skills absolutely have a lot to do...

Interpersonal skills absolutely have a lot to do with whether you are a successful actuary, but the typical interview does not test for the same interpersonal skills as a day-to-day job as an actuary...
Forum: Careers - Employment 04-27-2011, 03:00 PM
Replies: 53
Views: 5,468
Posted By Robot_Insurance
The only thing that sucks about having dual...

The only thing that sucks about having dual monitors. If you've got two monitors, Alt-tab will not save you.
Forum: Careers - Employment 04-27-2011, 01:52 PM
Replies: 53
Views: 5,468
Posted By Robot_Insurance
I would say more extensive testing of candidates...

I would say more extensive testing of candidates is good for a company planning to try to limit turnover down the road. It's not really a buyer's market vs. seller's market type thing, because even...
Forum: Careers - Employment 04-27-2011, 01:28 PM
Replies: 53
Views: 5,468
Posted By Robot_Insurance
I would be glad if employers moved to using more...

I would be glad if employers moved to using more case studies and such in their interviews, even with panel discussions. A case study should, in theory at least, show how a person approaches an...
Forum: Non-Actuarial Topics 04-19-2011, 04:47 PM
Replies: 119
Views: 6,739
Posted By Robot_Insurance
Drug Dealers have pretty powerful non-disclosure...

Drug Dealers have pretty powerful non-disclosure agreements as well: you snitch, you die. Murder is an underrated motivational tool.
Forum: Non-Actuarial Personal Finance/Investing 04-19-2011, 04:36 PM
Replies: 10
Views: 918
Posted By Robot_Insurance
I haven't really looked into them, but I've heard...

I haven't really looked into them, but I've heard munis are a good way to be pretty safe while also getting an extra bit of yield. The US has the issues of unions in New York, California and other...
Forum: Non-Actuarial Personal Finance/Investing 04-19-2011, 04:31 PM
Replies: 1,428
Views: 242,413
Posted By Robot_Insurance
Looking back at the price of gold, it was 700 in...

Looking back at the price of gold, it was 700 in 2008 and 1400 today. The real value of a dollar has pretty much stayed the same over that period.

So if you think of dollars and gold as both...
Showing results 1 to 25 of 124

 

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