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  #11  
Old 01-31-2019, 03:47 PM
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Depends on your company/manager. I've definitely been exposed to DS/CS types of projects that would not fall into the category of "actuarial tings".

As an actuary it was definitely not 70% of the time, probably like 25-40%.
As a Data Scientist, it is most of the time (50% +).
The lack of challenging stuff to do was a serious problem for me when I first started at a large carrier. I did not find the repetitive tasks interesting in the slightest (even if you automate them the underlying process and calculations are not difficult nor interesting)

My last job was challenging about 50% of the time, but mostly because the volume of work I had to tackle was unreal.

Consulting so far has been a good fit as I have exposure to so many different modelling problems (both life & non-life) from all over the globe. It's great.
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Old 01-31-2019, 04:24 PM
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plenty of challenging problems to look at here. Thing is, you can just avoid them if you want.

new method to more accurately model x that will also improve DB structure?? na, just make an exel adjustment on the back end and call it a day.

we have processes that have 5 rounds of back end spreadsheet adj because the team refuses to update that actual model from 2001.

path of least resistance.
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  #13  
Old 01-31-2019, 05:15 PM
Fracktuary Fracktuary is offline
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Originally Posted by The_Polymath View Post
The lack of challenging stuff to do was a serious problem for me when I first started at a large carrier. I did not find the repetitive tasks interesting in the slightest (even if you automate them the underlying process and calculations are not difficult nor interesting)

My last job was challenging about 50% of the time, but mostly because the volume of work I had to tackle was unreal.

Consulting so far has been a good fit as I have exposure to so many different modelling problems (both life & non-life) from all over the globe. It's great.
I imagine it would be different at a large carrier. I work at a small/medium carrier.

Did you not find the act of automation to be challenging ? The desire for more automation is the only reason I became a ok programmer. I was always striving to find the fastest/easiest/clearest way to do something.
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Old 01-31-2019, 06:49 PM
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70% of the time, its hard all the time
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Old 01-31-2019, 06:51 PM
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I imagine it would be different at a large carrier. I work at a small/medium carrier.

Did you not find the act of automation to be challenging ? The desire for more automation is the only reason I became a ok programmer. I was always striving to find the fastest/easiest/clearest way to do something.
Depends on the thing that needs automating. I've recently had an interest in using functional programming to quickly try out different parameter sets in modeling. purrr is an interesting package.

Automating data entry can be a real chore, but some types of that are interesting. Sometimes.
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  #16  
Old 01-31-2019, 06:52 PM
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70% of the time, its hard all the time
Not sure that is sustainable. I did that, with 60+ hrs/week for like half a year. Got very burned out. You need a bit of down time in regards to always taking on hard problems.
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Old 01-31-2019, 06:54 PM
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I had a paper where I picked an arbitrary number of trees for my random forest. I ought to revisit that with purrr...
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  #18  
Old 01-31-2019, 07:09 PM
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Did you not find the act of automation to be challenging ? The desire for more automation is the only reason I became a ok programmer. I was always striving to find the fastest/easiest/clearest way to do something.
Ehhhhhh, I learned all the Excel/VBA/SQL I needed (to be better than the other actuaries) in about 2 months. That leaves 40 years of not growing.
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Old 01-31-2019, 07:48 PM
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Depends on the thing that needs automating. I've recently had an interest in using functional programming to quickly try out different parameter sets in modeling. purrr is an interesting package.

Automating data entry can be a real chore, but some types of that are interesting. Sometimes.
Y'll gotta stop automating everything. We gotta protect our jobs.
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  #20  
Old 01-31-2019, 08:03 PM
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Y'll gotta stop automating everything. We gotta protect our jobs.
Gotta get rid of the dead wood in Actuarial.
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