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  #151  
Old 05-24-2011, 08:53 AM
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Carol Marler
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More on the distinction between actuarial work and mathematics.
Quote:
Originally Posted by DanielSong39 View Post
There is a huge gap between being "good" and "great". I consider myself as being "very good" at math but I've realized that I'm nowhere near being "great".

However, when it comes to being a "great" actuary, there are diminishing returns as far as math is concerned. If you're good enough at math to pass all the exams, you definitely have the math skills to become great at the profession. It's the business skills that will probably make or break your future success.
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Depends upon the employer and the situation.
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Therapists should ask the right questions, not give the right answers.
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I feel like ERM is 90% buzzwords, and that the underlying agenda is to make sure at least one of your Corporate Officers is not dumb.
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  #152  
Old 09-30-2011, 11:06 AM
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Carol Marler
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Comparing consulting work with company environment:
Quote:
Originally Posted by Ron Weasley View Post
Consulting is neither better nor worse than company work. It is different. I worked as a consultant in another industry prior to switching to insurance.

The projects are more varied, the pace faster and the work is more exciting. All projects come to a conclusion. There is a real satisfaction in making a client happy.

The clients don't care about how much work you're doing for other clients, so time demands can be high. When you're not busy with client work, you're concerned about a lack of billable hours, so you have to hussle to generate more clients or more projects with current clients. You have less time with family and for pursueing non-business related interests.

So, it's not a matter of what the better chioce is for your career, but what the better choice is for you. A solid career and a good life can be had with either choice. No one can tell you if there is one-and-only-one right choice for you, or what it is.
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Carol Marler, "Just My Opinion"

Pluto is no longer a planet and I am no longer an actuary. Please take my opinions as non-actuarial.


My latest favorite quotes, updated Nov. 20, 2018.

Spoiler:
I should keep these four permanently.
Quote:
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JMO is right
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Originally Posted by campbell View Post
I agree with JMO.
Quote:
Originally Posted by Westley View Post
And def agree w/ JMO.
Quote:
Originally Posted by MG View Post
This. And everything else JMO wrote.
And this all purpose permanent quote:
Quote:
Originally Posted by Dr T Non-Fan View Post
Yup, it is always someone else's fault.
MORE:
All purpose response for careers forum:
Quote:
Originally Posted by DoctorNo View Post
Depends upon the employer and the situation.
Quote:
Originally Posted by El Actuario View Post
Therapists should ask the right questions, not give the right answers.
Quote:
Originally Posted by Sredni Vashtar View Post
I feel like ERM is 90% buzzwords, and that the underlying agenda is to make sure at least one of your Corporate Officers is not dumb.
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  #153  
Old 10-14-2011, 02:59 PM
TheShark TheShark is offline
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Is an actuary career right for me?

- To get the answer to this question, ask yourself if you would enjoy studying for the first 5 exams (as well as being able to grasp the material). The first 2 are considerably easier than the rest and I know quite a few people who have bailed out after passing the first two and having spent in and around $1,000 after them (including failed attempts at the 3rd exam). Here are the sample questions to the first 5 exams (go through each of them, not just the first few problems):

Exam 1 (Probability)

Exam 2 (Financial Mathematics)

Exam 3F (Financial Economics)

Exam 3L (Life Contingencies)

Exam 4 (Construction & Evaluation of Actuarial Models)
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  #154  
Old 11-06-2011, 10:22 PM
eragonngo eragonngo is offline
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Hi everyone! I am an 1st year Actuarial Mathematics student in Concordia University (Montreal), and I want to switch my program in to Co-op ( which provide working experience for me from school ) And I am nearly in my interview at this January, can any of you suggest me about what to put in resume, CV, and FAQ of the interview. Thanks for your patience of reading and answering my question.
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  #155  
Old 01-25-2012, 02:27 PM
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Ionic Order Ionic Order is offline
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We really need to clean up this FAQ thread. Too many people are creating threads to ask the same questions many, many times.
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  #156  
Old 01-25-2012, 02:48 PM
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Vorian Atreides Vorian Atreides is offline
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Quote:
Originally Posted by HiLine View Post
We really need to clean up this FAQ thread. Too many people are creating threads to ask the same questions many, many times.
Yes . . . it makes it easier to find in order to post the link.
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  #157  
Old 11-10-2012, 04:52 PM
mcorbei3 mcorbei3 is offline
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Quote:
Originally Posted by HiLine View Post
We really need to clean up this FAQ thread. Too many people are creating threads to ask the same questions many, many times.
That being said, the answers to many questions have changed over the years as well. I was just reading a thread from approximately 10 years ago discussing the entry level market. Back then, Entry Level competition was not as high as it is today.
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  #158  
Old 11-15-2012, 12:53 PM
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Neutral Omen Neutral Omen is offline
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What fraction of actuaries read this board? I'd like to get some resume feedback for a career jumper, but I don't really want to be identifiable. Is it safe to assume about 0 prospective interviewers will ever see my anonymous resume here?
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  #159  
Old 11-15-2012, 02:15 PM
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Numerical Neuroticism Numerical Neuroticism is offline
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Don't worry, they already assume that you drink beer.

But seriously, if that were to happen it would just show them that you are showing an interest in the profession. As long as you don't make crazy posts elsewhere...
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  #160  
Old 11-15-2012, 02:34 PM
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Quote:
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As long as you don't make crazy posts elsewhere...
This is a strong assumption.
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