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Search: Posts Made By: Falafel
Forum: ERM Exam 07-13-2015, 10:39 AM
Replies: 44
Views: 7,571
Posted By Falafel
Passed with a 9. Thought I was on the fence. ...

Passed with a 9. Thought I was on the fence.

These exams really mess with your head. Nice to be done!
Forum: Careers - Employment 06-11-2015, 11:31 PM
Replies: 45
Views: 3,323
Posted By Falafel
50? That's it? 3 hour drive radius? That's...

50? That's it?

3 hour drive radius? That's it?

Come back when you've actually started your search.
Forum: ERM Exam 06-11-2015, 11:28 PM
Replies: 6
Views: 1,443
Posted By Falafel
Can't speak for PAK, but TIA frequently...

Can't speak for PAK, but TIA frequently acknowledges that their videos and summaries are meant to cover the key topics from a syllabus but not every testable item. For example many quantitative...
Forum: Software & Technology 06-11-2015, 10:14 AM
Replies: 13
Views: 1,010
Posted By Falafel
This may be a performance improvement, but anyone...

This may be a performance improvement, but anyone else who uses this workbook is going to hate you.
Forum: Careers - Employment 06-09-2015, 11:05 PM
Replies: 22
Views: 1,490
Posted By Falafel
This should have "Quarterly" and "Annually"...

This should have "Quarterly" and "Annually" columns as well - very relevant for lots of actuaries. Definitely more relevant than 50/day.
Forum: Careers - Employment 06-03-2015, 11:04 PM
Replies: 56
Views: 4,110
Posted By Falafel
Teamwork is important for performance and...

Teamwork is important for performance and chemistry is important for retention. As much as you may not like the fact that some candidates are picked for their culture fit, it's a relevant...
Forum: Careers - Employment 06-03-2015, 01:16 PM
Replies: 34
Views: 2,077
Posted By Falafel
https://what-if.xkcd.com/31/

https://what-if.xkcd.com/31/
Forum: Decision Making and Communications 06-01-2015, 09:15 PM
Replies: 31
Views: 10,691
Posted By Falafel
This project would take like 2 hours if I were...

This project would take like 2 hours if I were actually part of a relevant decision-making process.
Forum: Decision Making and Communications 06-01-2015, 08:57 PM
Replies: 31
Views: 10,691
Posted By Falafel
When you interview, what would you do? Literally...

When you interview, what would you do? Literally go down the checklist and ask all of those questions?

I'm in a similar situation - done analysis that was used as the base for decisions that were...
Forum: ERM Exam 05-27-2015, 12:38 AM
Replies: 12
Views: 2,072
Posted By Falafel
Like a month after results.

Like a month after results.
Forum: Professional Surveys 05-25-2015, 09:56 PM
Replies: 11
Views: 2,398
Posted By Falafel
Why don't you find out if any employer out there...

Why don't you find out if any employer out there wants to let you switch and not take a pay cut? Are you saying you won't even look if enough people here voted that they took pay cuts?
Forum: Careers - Employment 05-20-2015, 04:08 PM
Replies: 10
Views: 952
Posted By Falafel
Speak with your current manager about your...

Speak with your current manager about your interest. Mention that you're looking to gain experience in different areas of actuarial work, but your company doesn't have a formal rotation program, so...
Forum: Careers - Employment 05-20-2015, 01:25 AM
Replies: 113
Views: 8,574
Posted By Falafel
Nope. No one there agreed with me though.

Nope.

No one there agreed with me though.
Forum: Careers - Employment 05-20-2015, 12:35 AM
Replies: 113
Views: 8,574
Posted By Falafel
At a previous employer, an experienced but...

At a previous employer, an experienced but non-FSA candidate came in and killed their interview, and an informal offer was made ("we just need to get the paperwork ready" type of offer). Once they...
Forum: ERM Exam 05-20-2015, 12:26 AM
Replies: 12
Views: 2,072
Posted By Falafel
Okay so I scored myself anyway. Conservative...

Okay so I scored myself anyway. Conservative 52.5. This basically assumes that any squishy, subjective question that I wasn't positive on was half-credit or less, and since I don't remember how...
Forum: ERM Exam 05-19-2015, 04:10 PM
Replies: 12
Views: 2,072
Posted By Falafel
Agree with everyone else that it was overall...

Agree with everyone else that it was overall straightforward.

I hated the question about the vet - far too long of a set up for a dumb premise and they could have tested our knowledge of those...
Forum: ERM Exam 05-19-2015, 04:00 PM
Replies: 12
Views: 2,072
Posted By Falafel
I totally did the same thing for 4, and didn't...

I totally did the same thing for 4, and didn't realize it until later in the question when they said that one performed better than the other based on RAROC or something. I went back to check and had...
Forum: Careers - Employment 05-14-2015, 12:42 PM
Replies: 61
Views: 4,533
Posted By Falafel
You're right, EL's should be creating all reports...

You're right, EL's should be creating all reports and processes from scratch. This is more efficient.
Forum: Quantitative Finance and Investment (QFI) track 05-08-2015, 08:56 AM
Replies: 2
Views: 2,451
Posted By Falafel
You're not crazy for using the source - it's...

You're not crazy for using the source - it's necessary for fellowship exams.

You should probably invest in a 3rd edition of the book. Doesn't your company pay for it?
Forum: ERM Exam 05-05-2015, 11:38 AM
Replies: 84
Views: 12,578
Posted By Falafel
I remember saying EVT was best in the second...

I remember saying EVT was best in the second scenario, but I kinda regret it. Parametric clearly didn't have fat enough tails, but I think empirical may have been the way to go.

I thought the f(q)...
Forum: ERM Exam 05-05-2015, 10:41 AM
Replies: 84
Views: 12,578
Posted By Falafel
Yeah I agree. I found myself writing a lot, then...

Yeah I agree. I found myself writing a lot, then realizing it was a 1 point question. There were quite a few "explain how each of these 3 things are impacted in each of these 4 scenarios" types of...
Forum: ERM Exam 05-04-2015, 11:23 PM
Replies: 84
Views: 12,578
Posted By Falafel
I thought the tail dependence was appropriate....

I thought the tail dependence was appropriate. The industries are unrelated in normal market conditions, but in the tail they will likely exhibit more dependence (economic depression, etc.). I...
Forum: ERM Exam 05-04-2015, 04:01 PM
Replies: 84
Views: 12,578
Posted By Falafel
That's what I thought too. But then we were...

That's what I thought too.

But then we were asked to assess the appropriateness of the copula for the situation. I can't remember the details of the question, but I know that appropriateness of a...
Forum: ERM Exam 05-04-2015, 09:27 AM
Replies: 84
Views: 12,578
Posted By Falafel
Same thing applies. The study notes make up most...

Same thing applies. The study notes make up most of the syllabus. They will give you a lot of extra stuff, such as readings for the other extensions, and some of the readings have extra pages...
Forum: ERM Exam 05-04-2015, 07:58 AM
Replies: 84
Views: 12,578
Posted By Falafel
Not sure what you mean by "SOA Study Manua". ...

Not sure what you mean by "SOA Study Manua".

You need to study the source. Know the syllabus and study anything that might fall under one of the learning objectives. They can and will ask...
Showing results 1 to 25 of 300

 

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