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  #1  
Old 02-12-2017, 11:28 PM
TeacherD TeacherD is offline
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Default Computer Skills for P&C Actuary Returning to Industry

I plan to return to the Actuarial field in the next year. I have been working in a completely unrelated industry for quite some time.

Wondering what computer skills are most important. Browsing the forums it looks like Excel, VBA, SQL, and SAS are the ones to focus on.

Goal is to get back into P&C Actuarial on either insurance company or consulting side. Also open to Data Scientist positions.
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  #2  
Old 02-12-2017, 11:38 PM
DarthActuarialVader DarthActuarialVader is offline
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Why did you leave the actuarial field?

Also, the technical skills of a typical actuary are HIGHLY overstated.

Excel, and maybe VBA and SQL and you should be fine.
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  #3  
Old 02-12-2017, 11:44 PM
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Abelian Grape Abelian Grape is offline
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Quote:
Originally Posted by DarthActuarialVader View Post
Why did you leave the actuarial field?

Also, the technical skills of a typical actuary are HIGHLY overstated.

Excel, and maybe VBA and SQL and you should be fine.
Yup. Better to know Excel, VBA, and SQL very well than a little of a bunch of other languages.
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  #4  
Old 02-12-2017, 11:54 PM
TeacherD TeacherD is offline
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Wow, thanks for the fast responses. I am going to try and find some of the old reserving models in Excel. Used to be an Excel guru back in the day. I miss the people and the work and hope to join folks like you sometime soon.
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  #5  
Old 02-13-2017, 12:12 AM
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Vorian Atreides Vorian Atreides is offline
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Originally Posted by TeacherD View Post
Wow, thanks for the fast responses. I am going to try and find some of the old reserving models in Excel. Used to be an Excel guru back in the day.
Don't get too comfortable with "how it used to be done" . . . a lot has changed in reserving methodologies and the tools used to estimate reserve levels.

How far along were you with Exams? Got ACAS or FCAS taken care of? (If not, I would focus a lot more on passing an Exam over "brushing up" on skills.)

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Originally Posted by TeacherD View Post
I miss the people and the work and hope to join folks like you sometime soon.
Be careful what you wish for.
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  #6  
Old 02-13-2017, 12:28 AM
DarthActuarialVader DarthActuarialVader is offline
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Remember, the important things these days are SOCIAL SKILLS and COMMUNICATION SKILLS.

It's not like the 90s where a boring 1-dimensional nerd gets the offers. These days, you need to be the type of guy your boss wants to drink with.
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  #7  
Old 02-13-2017, 12:44 AM
TeacherD TeacherD is offline
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Vorian: have ACAS. Regarding actuarial methods, I assume we still square paid and incurred triangles, use Bornhuetter-Ferguson, and others? Plan to look at the syllabus to get an idea of how things have changed. For both pricing and reserving.

Vader: my recent work has lots of public speaking and working with people (and I love these parts of current occupation). I am excited to see how this will help in future work.
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  #8  
Old 02-13-2017, 12:55 AM
DarthActuarialVader DarthActuarialVader is offline
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Originally Posted by TeacherD View Post
Vorian: have ACAS. Regarding actuarial methods, I assume we still square paid and incurred triangles, use Bornhuetter-Ferguson, and others? Plan to look at the syllabus to get an idea of how things have changed. For both pricing and reserving.

Vader: my recent work has lots of public speaking and working with people (and I love these parts of current occupation). I am excited to see how this will help in future work.
That's good.
Remember, the best interviews are the ones that are conversational rather than a Q&A session.

You gotta make the interviewer(s) laugh 10 times minimum.
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Old 02-13-2017, 01:03 AM
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redearedslider redearedslider is offline
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That's good.

Remember, the best interviews are the ones that are conversational rather than a Q&A session.



You gotta make the interviewer(s) laugh 10 times minimum.


Do only belly laughs count or are chuckles ok as well? what's the conversion rate
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ASM does not have a discussion of stimulation, but considering how boring the manual is, maybe it would be a good idea.
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  #10  
Old 02-13-2017, 01:13 AM
DarthActuarialVader DarthActuarialVader is offline
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Do only belly laughs count or are chuckles ok as well? what's the conversion rate
I meant real laughs, not forced fake pity laughs that the interviewer has to do so there's no awkward moment of silence.
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