Actuarial Outpost
 
Go Back   Actuarial Outpost > Search Forums
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

Search Actuarial Jobs by State @ DWSimpson.com:
AL AK AR AZ CA CO CT DE FL GA HI ID IL IN IA KS KY LA
ME MD MA MI MN MS MO MT NE NH NJ NM NY NV NC ND
OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY

Showing results 1 to 25 of 260
Search took 0.66 seconds.
Search: Posts Made By: Morrison
Forum: Careers - Employment 05-24-2016, 08:51 AM
Replies: 29
Views: 2,720
Posted By Morrison
Chicken Po Boy Nailed it

^ Agree 100%.

After time passes, everybody will forget about the urgency and time pressures associate with the project and analysis, only the output will persist and be objectively measurable.
...
Forum: Property - Casualty / General Insurance 02-17-2016, 11:38 AM
Replies: 20
Views: 2,466
Posted By Morrison
MS Office

I just installed Windows 10 on my existing computer (which was still running Vista).

Is my only option for Microsoft Office a subscription to MS Office 365?

Does MS no longer "sell" a copy of...
Forum: General Actuarial 11-18-2015, 01:50 PM
Replies: 25
Views: 2,806
Posted By Morrison
CY Paid Losses / CY Written Premium. Anything...

CY Paid Losses / CY Written Premium. Anything else is just made up jibberish.

My Med Mal company is killing it.
Forum: General Questions about Actuarial Science Universities 02-05-2015, 09:17 AM
Replies: 5
Views: 2,136
Posted By Morrison
AcademicActuary, My intent was to respond to...

AcademicActuary,

My intent was to respond to an earlier post that implied any class that spent time on regression techniques was outdated.

My point is simply that there are regression...
Forum: General Questions about Actuarial Science Universities 02-04-2015, 04:49 PM
Replies: 5
Views: 2,136
Posted By Morrison
Regression

Regression, as I've seen it used in the context of data science is often used as generalized term for any method that estimates a continuous response variable, even if that method is a non-linear...
Forum: Property - Casualty / General Insurance 01-28-2015, 09:17 AM
Replies: 22
Views: 7,372
Posted By Morrison
My $0.02 The duration of liabilities on P&C...

My $0.02

The duration of liabilities on P&C policies is much shorter than most life insurance products. This means the importance of underwriting profits (predicting the losses) is more important...
Forum: Property - Casualty / General Insurance 10-24-2014, 03:29 PM
Replies: 6
Views: 682
Posted By Morrison
Just ask the insured if they think they'll have...

Just ask the insured if they think they'll have claims the next year. If they say no, don't sweat it and don't require collateral. Throw them on a retro while you're at it.
Forum: Bentley College 09-03-2014, 09:09 AM
Replies: 111
Views: 24,620
Posted By Morrison
Yes, very doable. May have to be willing to...

Yes, very doable. May have to be willing to switch jobs once or twice along the way.
Forum: General Actuarial 08-26-2014, 06:42 PM
Replies: 7
Views: 1,079
Posted By Morrison
I've actually seen states require the trend be...

I've actually seen states require the trend be calculated this way. Doesn't make much sense to me for any class of business that has partial payments (which is a lot of them).
Forum: Careers - Employment 10-18-2013, 12:19 PM
Replies: 54
Views: 5,807
Posted By Morrison
I've seen it many times and usually the person...

I've seen it many times and usually the person who does it is pretty happy.

As mentioned previously, lots of re-insurance underwriters have actuarial backgrounds. You're usually looking at entire...
Forum: Property - Casualty / General Insurance 09-27-2013, 01:19 PM
Replies: 10
Views: 1,622
Posted By Morrison
UPR is a liability because if the insured cancels...

UPR is a liability because if the insured cancels their policy, you have to return to them the unearned portion of the premium. The premium does not yet belong to the insurance company because isn't...
Forum: Property - Casualty / General Insurance 09-04-2013, 03:46 PM
Replies: 9
Views: 1,355
Posted By Morrison
ActuaryMAD, I think you've pretty much nailed it....

ActuaryMAD, I think you've pretty much nailed it. Sometimes a market that is getting smarter and more accurate in pricing can look like a soft market to the least sophisticated participants.

I...
Forum: Software & Technology 08-09-2013, 09:15 AM
Replies: 9
Views: 4,022
Posted By Morrison
R Revolution

Does anybody here have hands on experience with R Revolution? I've had some preliminary discussions with them and while their basic premise sounds promising (R for larger data with a less...
Forum: General Actuarial 08-07-2013, 09:44 AM
Replies: 18
Views: 2,443
Posted By Morrison
Biggest Risk IMO is the government nationalizing...

Biggest Risk IMO is the government nationalizing some meaningful amount of the industry to become the sole risk bearer as a means of achieving some social purpose that requires either subsidization...
Forum: Careers - Employment 06-13-2013, 10:15 AM
Replies: 123
Views: 14,086
Posted By Morrison
One guy's take

It's a bit of a cop-out answer, but I think the answer to the "consulting vs. company" question is "it depends". I've worked 5+ years in both environments (entry level in consulting, carrier later)....
Forum: Property - Casualty / General Insurance 06-13-2013, 09:29 AM
Replies: 2
Views: 1,000
Posted By Morrison
I have received mine.

I have received mine.
Forum: Property - Casualty / General Insurance 03-10-2013, 10:48 AM
Replies: 3
Views: 3,728
Posted By Morrison
Morrison

The key is for the information to be stored/processed in transactional form with the associated endorsement effective dates using a system of onsets/offsets. This might seem obvious but some...
Forum: Non-Actuarial Personal Finance/Investing 02-02-2013, 10:20 PM
Replies: 5
Views: 1,478
Posted By Morrison
Most undervalued asset classes

Any opinions on the board about asset classes that currently have attractive valuations?
Forum: Exam 8 (old Part 9) - Advanced Ratemaking 11-12-2012, 11:41 PM
Replies: 63
Views: 7,196
Posted By Morrison
Morrison

For what its worth (and I'm guessing its zero points) the ratio of 1 to 2 to 3 year credibilities for EP and Earned Car years as a basis for credibilities were both 1:1:1 (i.e. it didn't appear...
Forum: Exam 8 (old Part 9) - Advanced Ratemaking 11-12-2012, 05:49 PM
Replies: 63
Views: 7,196
Posted By Morrison
Also, what was correct answer to the Bailey &...

Also, what was correct answer to the Bailey & Simon question. I definitely wasn't sure there. It looked like EP and Car Years weren't good for credibility. I ran out of time and said losses.
Forum: Exam 8 (old Part 9) - Advanced Ratemaking 11-12-2012, 05:47 PM
Replies: 63
Views: 7,196
Posted By Morrison
I blew the graphs question with the cumulative...

I blew the graphs question with the cumulative loss ratio distribution. I correctly recognized that I had to translate entry ratio to a loss ratio, but then failed to convert back to a percentage of...
Forum: Exam 8 (old Part 9) - Advanced Ratemaking 10-28-2012, 03:43 PM
Replies: 7
Views: 807
Posted By Morrison
My All 10 manual says Risk A does not qualify for...

My All 10 manual says Risk A does not qualify for Experience Rating and I don't think I agree.

I read Rule 2.A.2 to be an either/or rule.

a. Subject premium for most recent 24 months of...
Forum: Exam 8 (old Part 9) - Advanced Ratemaking 10-24-2012, 09:32 AM
Replies: 3
Views: 893
Posted By Morrison
ISO Experience Rating - Detrend

I'm a bit confused as to when I should use the Detrend factors provided in the ISO Experience rating vs. those provided in the problem. I get that there are two sets of detrend factors for rule 5.B...
Forum: Exam 8 (old Part 9) - Advanced Ratemaking 10-22-2012, 08:59 AM
Replies: 18
Views: 1,312
Posted By Morrison
Yes, I was feeling rather confident after taking...

Yes, I was feeling rather confident after taking 2009. 2011 brought me back down to earth.
Forum: Exam 8 (old Part 9) - Advanced Ratemaking 08-26-2012, 12:04 PM
Replies: 18
Views: 2,462
Posted By Morrison
Hard to argue with that response, but similar to...

Hard to argue with that response, but similar to earlier posts on this thread, the correct interpretation is very dependent upon the context of how the information/figure is presented, which CAS exam...
Showing results 1 to 25 of 260

 

All times are GMT -4. The time now is 05:59 AM.


Powered by vBulletin®
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.26291 seconds with 7 queries