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Old 10-03-2002, 12:40 PM
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Default ASNY Meeting (10/2/02): Lunchtime speaker

Does anyone really believe that requiring volunteer service of all new FSAs, at least the way Mr. Smith described it, was anything other than a poorly conceived, bad ideer?

Essentially, he said that new FSAs should be required to do "community service" to "broaden the perspective of actuaries". Examples given were teaching math to underprivileged children and volunteering in a church - and not necessarily math, let alone actuarially - related.
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Old 10-03-2002, 12:50 PM
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I don't know how Mr. Smith described it, but from your brief description it sounds like a bad idea.
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Old 10-03-2002, 01:09 PM
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I think it is a wonderful idea. But then again I am a career ASA.

I think his heart is in the right place. But being good at math doesn't mean you are able to communicate those ideas.

It is not workable, and really would be an unfare burden to force upon one professional group. Let the CPA's go first, they would have a much larger influence.

But the cake was really good
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Old 10-03-2002, 01:43 PM
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Default Re: ASNY Meeting (10/2/02): Lunchtime speaker

Quote:
Originally Posted by Battery Park City
Essentially, he said that new FSAs should be required to do "community service" to "broaden the perspective of actuaries".
He must be f*****g kidding us.
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Old 10-03-2002, 01:53 PM
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Quote:
Originally Posted by E. Blackadder
Requiring volunteer service... requiring volunteer service... Requiring... volunteer... ser... vice...

Do I sense an oxymoron here?
Yes, BPC, bad idea. You could have made this into a poll, but it probably would get the answer you already have in hand.
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Old 10-03-2002, 02:44 PM
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Quote:
Originally Posted by Patience
But the cake was really good
mmmmm cake

mmmmm chocolate!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Old 10-03-2002, 03:10 PM
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Quote:
Originally Posted by Moderator2
Quote:
Originally Posted by E. Blackadder
Requiring volunteer service... requiring volunteer service... Requiring... volunteer... ser... vice...

Do I sense an oxymoron here?
Yes, BPC, bad idea. You could have made this into a poll, but it probably would get the answer you already have in hand.
I thought of that, but I did not want to make it simply yes vs. no, as I thought (unqualified) yes votes from those who did not hear the speech would be that informative, and I did not want to take the time to put out a poll that had sufficient options to present people's reasons for not liking it.

I am not necessarily opposed to the idea (proposed by some) that actuaries (new and/or old FSAs/ASAs) be required to donate modest amounts of time to do things to which the profession's expertise and "mission" is suited, e.g. perhaps educate e.g. members of congress or community leaders on e.g. the complexities and pros / cons of issues of general public interest, e.g. healthcare reform or pension reform (or yes, social security). Someone mentioned the ideer of educating the public about the misuse of statistics, e.g. left/righthanded mortality "studies", which I think is at least a reasonably good ideer.

Also, the speaker's use of the medical profession's requirement that new MDs do internships (which are work intensive and low paid) for purposes of comparison was flawed, to put it mildly. The intensity of their work is considered - rightly or wrongly - necessary to their training, and the low pay is not a contribution by the medical field, but rather is a result of the hospitals' unwillingness to pay them more, and is arguably made up for later on in the high incomes that MDs make afterwards. (Of course, the analogy is also flawed on account of the fact that the "service" by the MDs is 100% career/profession related.)

It seems clear to me that much of the problem of narrowness of perspectives of actuaries is not related to the people currently being attracted into the profession per se, but rather, the incoherence of the message from the top.
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Old 10-03-2002, 03:38 PM
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Quote:
Someone mentioned the ideer of educating the public about the misuse of statistics, e.g. left/righthanded mortality "studies", which I think is at least a reasonably good ideer.
(blush)

http://www.actuary.ca/phpBB/viewtopic.php?t=6595
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Old 10-03-2002, 05:11 PM
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Default Re: ASNY Meeting (10/2/02): Lunchtime speaker

Quote:
Originally Posted by ExamHater
Quote:
Originally Posted by Battery Park City
Essentially, he said that new FSAs should be required to do "community service" to "broaden the perspective of actuaries".
He must be f*****g kidding us.
The sad thing is that he is (floguingly) serious!
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Old 10-03-2002, 06:50 PM
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I thought our community service was tied to our trying to keep insurance companies and pensions from failing. Sure, we get paid for it, but not enough. Therefore, we are "giving" to the community.
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