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  #11  
Old 01-24-2017, 12:28 PM
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Originally Posted by therealsylvos View Post
Since the smartness of a company's actuaries is directly correlated with it's financial success, the only objective measure is how high on the Fortune 500 they are. Therefore the answer is Berkshire Hathaway at number 11, ergo GEICO has the smartest actuaries. QED.
The smartness of a company's actuaries is reflected in how much compensation they receive. The more they make, the smarter they are.
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  #12  
Old 01-24-2017, 12:30 PM
neofan neofan is offline
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We need an emoticon to nominate threads for the title "dummest.thread.ever." JMO
Agreed. Also define "smart", this is quite subjective, someone needs ego check here.
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  #13  
Old 01-24-2017, 12:30 PM
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Originally Posted by vjvj View Post
The smartness of a company's actuaries is reflected in how much compensation they receive. The more they make, the smarter they are.
ninja'd
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  #14  
Old 01-24-2017, 12:40 PM
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Consulting firms usually have the best ones.

Can we use a Reinsurance company?

My money is on Munich Re. They have some very talented folks.
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  #15  
Old 01-24-2017, 12:43 PM
toesockshoe toesockshoe is offline
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Quote:
Originally Posted by therealsylvos View Post
Since the smartness of a company's actuaries is directly correlated with it's financial success, the only objective measure is how high on the Fortune 500 they are. Therefore the answer is Berkshire Hathaway at number 11, ergo GEICO has the smartest actuaries. QED.
Berkshire Hathaway is filled with cheepos... look at this: https://bhhc-nationalindemnity.icims...un1offset=-420

... 10 dollars an hour as an actuarial intern???? I can make more hauling logs in a desert.
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  #16  
Old 01-24-2017, 12:44 PM
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deserts don't have trees, that's a sucker job. don't take it.
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  #17  
Old 01-24-2017, 02:14 PM
hjacjswo hjacjswo is online now
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Originally Posted by Berquist Tank View Post
Reinsurance companies
I see this a lot along with "P&C is better." Is reinsurance work more complex and challenging than primary?
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  #18  
Old 01-24-2017, 02:22 PM
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Originally Posted by hjacjswo View Post
I see this a lot along with "P&C is better." Is reinsurance work more complex and challenging than primary?
I usually figure that since reinsurance should require more judgment since reinsurance is focused more on the end of the tail of the risk and thus if you're a successful reinsurance actuary that should imply you have good judgment for these things?
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  #19  
Old 01-24-2017, 02:24 PM
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Originally Posted by hjacjswo View Post
I see this a lot along with "P&C is better." Is reinsurance work more complex and challenging than primary?
Reinsurance is insurance insurance.

Insurance^2

Which means 2*2 = 4x the smarts.
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  #20  
Old 01-24-2017, 02:32 PM
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Originally Posted by immocardo View Post
Reinsurance is insurance insurance.

Insurance^2

Which means 2*2 = 4x the smarts.
Come on we all know insurance is numba one.

1*1 = 1

It's like you've lost your identity or something.

-Riley
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