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Showing results 1 to 25 of 300
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Search: Posts Made By: Beach Bum
Forum: Careers - Employment Yesterday, 04:48 PM
Replies: 64
Views: 4,073
Posted By Beach Bum
In Chicago(land), housing prices are way lower...

In Chicago(land), housing prices are way lower than out west or the Northeast. Still, add in ridiculous property taxes and other stuff and it's still way pricier than NC, Texas, KC, Atlanta, etc.
...
Forum: Careers - Employment Yesterday, 03:29 PM
Replies: 64
Views: 4,073
Posted By Beach Bum
I say the same thing about houses. 600 is the new...

I say the same thing about houses. 600 is the new 400, or 750 is the new 500.
Forum: Careers - Employment Yesterday, 11:23 AM
Replies: 104
Views: 5,177
Posted By Beach Bum
But, no one is just an SVP. That's your level,...

But, no one is just an SVP. That's your level, not your title. Were you CA and SVP, or CA and VP, etc?
Forum: General Actuarial 09-17-2018, 04:01 PM
Replies: 45
Views: 7,121
Posted By Beach Bum
http://catalog.illinois.edu/undergraduate/las/acad...

http://catalog.illinois.edu/undergraduate/las/academic-units/math/operations-research-concentration/

Still around...
Forum: Property - Casualty / General Insurance 08-28-2018, 10:07 AM
Replies: 141
Views: 34,130
Posted By Beach Bum
Aspen has been in some trouble. No surprise to...

Aspen has been in some trouble. No surprise to see it being taken private. Seems the recent trend. Poor underwriting results, meager growth opportunities, and the plug gets pulled. By plug I mean...
Forum: Non-Actuarial Personal Finance/Investing 08-17-2018, 11:50 AM
Replies: 100
Views: 16,255
Posted By Beach Bum
Yeah I misinterpreted. 420 is generally...

Yeah I misinterpreted. 420 is generally synonymous with smoking, however, and no longer tied as closely to hard drugs.
Forum: Non-Actuarial Personal Finance/Investing 08-17-2018, 10:24 AM
Replies: 100
Views: 16,255
Posted By Beach Bum
So it's illegal to walk into a dispensary in...

So it's illegal to walk into a dispensary in Denver or around Vegas or San Diego and buy marijuana? Didn't realize that.
Forum: Non-Actuarial Personal Finance/Investing 08-17-2018, 10:16 AM
Replies: 100
Views: 16,255
Posted By Beach Bum
What does this mean?

What does this mean?
Forum: Non-Actuarial Personal Finance/Investing 08-17-2018, 10:16 AM
Replies: 100
Views: 16,255
Posted By Beach Bum
Okay, less than a third. But, are you blind? ...

Okay, less than a third. But, are you blind? More and more states will have it legalized this November. California already did. Come on, don't be naive.
Forum: Non-Actuarial Personal Finance/Investing 08-17-2018, 09:56 AM
Replies: 100
Views: 16,255
Posted By Beach Bum
Holy shi7. Please don't tell me you are referring...

Holy shi7. Please don't tell me you are referring to marijuana when you say "illegal stimulants" and "ends up in rehab." 420'd.

Weed is legal in a third of the states and soon to be many more.
...
Forum: General Actuarial 08-13-2018, 02:09 PM
Replies: 136
Views: 8,758
Posted By Beach Bum
SOA once offered me a (virtually) free FSA. All...

SOA once offered me a (virtually) free FSA. All I needed to do was sign a few papers and prove my FCAS designation (along with sell my soul to the devil). I laughed and said no.
Forum: Careers - Employment 08-10-2018, 02:55 PM
Replies: 92
Views: 5,826
Posted By Beach Bum
Reminds me of my days at the Big Four. Wanted to...

Reminds me of my days at the Big Four. Wanted to buy B of A (BAC) for $4 a year after the crash. But because I did some actuarial/audit support on some random non-banking affiliate of theirs, about...
Forum: General Actuarial 08-02-2018, 09:57 AM
Replies: 41
Views: 2,799
Posted By Beach Bum
Pray for an act of God or some other large...

Pray for an act of God or some other large insurable event (fires are eerily/suspiciously common at churches) and your insurer can rebuild for free!
Forum: Property - Casualty / General Insurance 07-31-2018, 11:09 PM
Replies: 52
Views: 14,565
Posted By Beach Bum
Maybe Enstar expects them to go into runoff! ...

Maybe Enstar expects them to go into runoff!

(Cue the crowd laughter actuarial humor)
Forum: Non-Actuarial Personal Finance/Investing 07-25-2018, 11:28 AM
Replies: 11
Views: 1,163
Posted By Beach Bum
BORING ^^^

BORING ^^^
Forum: Non-Actuarial Personal Finance/Investing 07-12-2018, 02:08 PM
Replies: 134
Views: 6,828
Posted By Beach Bum
Have you considered the IRS Tax changes effective...

Have you considered the IRS Tax changes effective in 2018? AMT goes up, deductions go down at least the SALT piece. This may have an impact.
Forum: Property - Casualty / General Insurance 07-05-2018, 12:47 PM
Replies: 52
Views: 14,565
Posted By Beach Bum
They finalized their privatization deal so the...

They finalized their privatization deal so the sale price is as is ($14.75). I didn't even think the stock was trading anymore but looks like it is.

Any movement now is possibly speculators...
Forum: Careers - Employment 04-27-2018, 12:51 PM
Replies: 62
Views: 6,125
Posted By Beach Bum
Is that a worthwhile read? I actually own it and...

Is that a worthwhile read? I actually own it and read about 40% of it but now it's been 6 months since I last picked it up. I've read several earlier Michael Lewis books but this one started to get...
Forum: Careers - Employment 04-25-2018, 03:08 PM
Replies: 20
Views: 3,445
Posted By Beach Bum
Whatever you do make sure you demand a very...

Whatever you do make sure you demand a very healthy risk premium (salary adj) for moving to Bermuda.

I'd think with all of the M&A, continued soft market conditions, excess capacity, 2017 results,...
Forum: Careers - Employment 04-18-2018, 10:55 AM
Replies: 61
Views: 8,384
Posted By Beach Bum
I'm more of a seven year itch kind of guy. It has...

I'm more of a seven year itch kind of guy. It has done well for me so far as far as salary and other perks are concerned.
Forum: Careers - Employment 03-31-2018, 09:33 AM
Replies: 20
Views: 2,303
Posted By Beach Bum
Plus women in CS have much better future...

Plus women in CS have much better future potential than a dime/dozen white guy in actuarial. That's assuming you are white.
Forum: Careers - Employment 03-30-2018, 09:55 AM
Replies: 20
Views: 2,303
Posted By Beach Bum
If you guys are young as it sounds then probably...

If you guys are young as it sounds then probably worth the risk. But I'd venture to say it won't work out, you'll be out of there in 24 months or less.
Forum: Careers - Employment 03-02-2018, 12:20 AM
Replies: 109
Views: 8,772
Posted By Beach Bum
Very few actuaries are seriously wealthy. And...

Very few actuaries are seriously wealthy. And that's because most top dogs in the insurance industry didn't come from actuarial backgrounds. Many came from underwriting and sales. Many others from...
Forum: Property - Casualty / General Insurance 02-16-2018, 12:59 PM
Replies: 1
Views: 412
Posted By Beach Bum
Question on Rate On Line

I've got a hypothetical question for you (property cat) reinsurance pricing actuaries. If any exist here.

When the term RoL is tossed around for say a cat cover of $100M xs $100M, let's use 10% as...
Forum: Careers - Employment 01-25-2018, 09:54 AM
Replies: 10
Views: 1,396
Posted By Beach Bum
Canadian actuaries grow on trees like acorns. ...

Canadian actuaries grow on trees like acorns. When the squirrels come to pick up and store the acorns for winter there are so many they can pick from the best. Many acorns sit and get trampled on. ...
Showing results 1 to 25 of 300

 

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