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  #1  
Old 09-21-2017, 10:30 PM
RampageJ RampageJ is offline
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Default EOM 4

I have some questions

1) Are we finally given an EOM where our final submission could be in the form of

Task 1: blablabla
Task 2: blablabla

instead of an executive summary and all other formal stuff?

2) I'm really not sure what to put for task 1 since the instruction tells us not to use the ones on segal text (only look at segal for reference). Is it okay, for example, to use something that may seem random like "armed robbery" as an operational risk?

3) How many words did you guys write up? I tried to make mine as long as possible but it's only 1400 words; significantly less than my previous EOMs.

Thanks in advance!
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  #2  
Old 09-22-2017, 01:08 AM
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yeah, i'm also confused by them saying to use segal as a reference, but don't use the ones in the reference. Do they really mean that? I only skimmed them, but some of them seem perfect to use. would also really like some clarification on this.

looks like it's less formal than the previous EOM's and you have to write separate emails and memos spread out over different days or weeks, so they can't all be in one long memo with an executive summary, etc. i'm going to structure them as separate emails/memos. for each task.

i haven't written anything yet though. i only skimmed the exercise and skimmed through segal and ASOP23. i tend to be super wordy on my EOM's, but in reading the instructions for this one, i can't imagine mine is going to be very long either.
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Last edited by ao fan; 09-22-2017 at 02:02 AM..
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  #3  
Old 09-22-2017, 09:27 AM
Actuary507 Actuary507 is offline
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I didn't copy the ones from the textbook exactly, but some of mine were similar. I also made up a few of my own that seemed reasonable. I mostly used the textbook as a starting point and any that I used from Segal I changed to fit the specifics of the exercise. I MMRd yesterday
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Old 09-22-2017, 08:17 PM
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Quote:
Originally Posted by Actuary507 View Post
I didn't copy the ones from the textbook exactly, but some of mine were similar. I also made up a few of my own that seemed reasonable. I mostly used the textbook as a starting point and any that I used from Segal I changed to fit the specifics of the exercise. I MMRd yesterday
thanks.

it says not to copy the ones from segal directly, so i'll use the strategy of rewording them somewhat. what about the risks that are identified in the exercise itself though from the other tasks to use in task 1? specifically, can you use the risks in task 4 for task 1? they don't say to avoid those.

i saw some discussion on the ao about whether you can use the ones already identified in the exercise itself and saw conflicting answers, so not sure if that's acceptable. based on the instructions, it seems to be acceptable since they just said to avoid copying directly from Segal, but did not mention not copying from the rest of the exercise.
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Last edited by ao fan; 09-22-2017 at 08:21 PM..
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Old 09-22-2017, 09:32 PM
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I get the impression that this exercise has also changed recently to be slightly different, so looking at old threads isn't as helpful as some of the previous exercises.
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  #6  
Old 09-23-2017, 11:17 AM
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probably just cheap points to take the risks in task 4, including the tainted meat one and copy them to task 1. not sure if it would wind up failing if i did that, but maybe i won't. this post got me thinking, it's a bad idea to do that, but who knows:

http://www.actuarialoutpost.com/actu...3&postcount=11

I can think of some really random dumb shit. Not sure if dumb shit will make me fail too though.

1. space aliens attack! likelihood - low, very very low, severity - high

2. a heard of very cute, very hungry maltese dogs wander in and eat all your sandwiches. likelihood - low, severity - medium
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Last edited by ao fan; 09-23-2017 at 11:44 AM..
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  #7  
Old 09-23-2017, 01:24 PM
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Quote:
Originally Posted by ao fan View Post
probably just cheap points to take the risks in task 4, including the tainted meat one and copy them to task 1. not sure if it would wind up failing if i did that, but maybe i won't. this post got me thinking, it's a bad idea to do that, but who knows:

http://www.actuarialoutpost.com/actu...3&postcount=11

I can think of some really random dumb shit. Not sure if dumb shit will make me fail too though.

1. space aliens attack! likelihood - low, very very low, severity - high

2. a heard of very cute, very hungry maltese dogs wander in and eat all your sandwiches. likelihood - low, severity - medium
If you had managed to throw in a dig at the orange in chief this would have been the most AO fan post ever.

I leaned toward more realistic risks, but I started to run out of things to say, so I don't see creativity as a bad thing. IIRC, this is just a sample for other employees to see and help create a more complete set of risks for the company.

I did shorter memos/emails for each task rather than one long memo for the whole thing. I did not click your link until after I posted.
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Old 09-23-2017, 02:44 PM
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Quote:
Originally Posted by gcact View Post
If you had managed to throw in a dig at the orange in chief this would have been the most AO fan post ever.

I leaned toward more realistic risks, but I started to run out of things to say, so I don't see creativity as a bad thing. IIRC, this is just a sample for other employees to see and help create a more complete set of risks for the company.

I did shorter memos/emails for each task rather than one long memo for the whole thing. I did not click your link until after I posted.
hehe, yeah, for some reason trump didn't come to mind, but totally could come up with one including Trump. i'll probably go for more realistic ones too. hard to think of them though without plagiarizing segal or the other tasks. think i'll reword segal to apply to this specific case in some way. it sounds like they want specific based on the instructions. i'm also thinking that it might just be that anything goes and hungry maltese would even work, but not sure i want to risk that unless i get desperate and can't think of enough ideas.
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Old 09-23-2017, 02:47 PM
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Donald Trump outlaws sandwiches as unamerican. likelihood - low, severity - high
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Old 09-23-2017, 02:51 PM
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Donald Trump creates a sandwich tax cause carbs are BAD! likelihood - low, severity - high
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