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  #31  
Old 05-02-2019, 08:31 AM
act2106 act2106 is offline
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Originally Posted by Helena Lake View Post
Essentially the same way. I did research into what is included in the surgeries, as well as the percentages of transgender people who undergo all facets of them. I also did research on the average cost of those surgeries, and how they differed for male versus female transitions.... and the prevalence of transgender within the population. Put together a basic estimate for the "average" cost over a three year span for a population with an "average" distribution of transgender people who have an "average" approach to the extent of transition.

I also adjusted for the age distribution of the group in question, which had a larger proportion of younger people than the general population, and research suggested that transgender treatment is more frequent in a somewhat younger population.

Then I tripled my estimate for adverse selection - I figure they weren't asking for giggles, and that they were guaranteed to have at least one person (probably higher up in the company) who would use the benefit, so the likelihood needed to be ramped up
This is an interesting exercise, and your approach sounds like what I would probably guess to do. Just curious - how did you come to the conclusion that your estimate should triple, rather than double or quadruple or something else? Was that based on anything?
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  #32  
Old 05-02-2019, 08:38 AM
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I hear why it appears that way but no, there are no issues other than what I've already mentioned (lack of exposure, mentorship, and interest). I am good at what I do and well liked by my team. Yes, I do work with only a few other actuaries doing atypical work.
10 years in the field, sorry but it's on you to seek out opportunities to make things better, you can't expect others to hand it to you on a silver platter.
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This is worse than the finale of Lost, what about the smoke monster, was real or not, and if not, why have so many members of Trump's campaign plead guilty to lying about meeting with the smoke monster?
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  #33  
Old 05-02-2019, 10:17 AM
bsanders33 bsanders33 is offline
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OP are you depressed, tired, frustrated, and lacking motivation in other areas of your life? First thing to do is make sure it’s nothing chemical. If you are male, go get your t level checked. However, if it comes out low, do NOT get suckered into taking any synthetic garbage, like messy creams, gels, or painful injections. Instead, get on a good all natural t booster program based on lifestyle changes, like the one I offer.

If it’s not chemical, consider cognitive therapy. Are you paid well now? Perhaps you need a hobby to give you something to look forward to outside of the office. Work is work, and very often it is a grind. The key is to find positives in whatever you do, maximize your income and improve your financial health, and live your life when the work day is done.
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  #34  
Old 05-02-2019, 11:59 AM
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Helena Lake Helena Lake is offline
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This is an interesting exercise, and your approach sounds like what I would probably guess to do. Just curious - how did you come to the conclusion that your estimate should triple, rather than double or quadruple or something else? Was that based on anything?
the client was a university in a very. very liberal area. Chance are that it would attract a higher-than-average proportion of LGBTQ people, so I assumed that the prevalence of reassignment surgery would be higher than the national average.

Also, generally speaking, anytime a client asks for exceptional coverage, you can bet they intend to use it... so the likelihoods are pretty high.
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I don't think calling beliefs absurd and bullshit is criticism, it's insulting.
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  #35  
Old 05-02-2019, 12:34 PM
snale86 snale86 is offline
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Thanks all for your input! Much appreciated
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  #36  
Old 05-02-2019, 12:37 PM
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Originally Posted by bsanders33 View Post
If you are male, go get your t level checked.
This running joke is fine in the non-professional forums, but probably shouldn't drift into "Careers"

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Originally Posted by bsanders33 View Post
If itís not chemical, consider cognitive therapy. Are you paid well now? Perhaps you need a hobby to give you something to look forward to outside of the office. Work is work, and very often it is a grind. The key is to find positives in whatever you do, maximize your income and improve your financial health, and live your life when the work day is done.
This is good advice
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  #37  
Old 05-02-2019, 01:31 PM
bsanders33 bsanders33 is offline
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This running joke is fine in the non-professional forums, but probably shouldn't drift into "Careers"



This is good advice
Thank you, my friend, but the first part of my response was also good advice. The op gave a very strong vibe of ďIím depressed and unhappy but Iím not doing anything about itĒ. If thatís really how you feel, the very FIRST step you should take is a blood test from your PCP, and hormonal imbalance (including t level) can sometimes be an easy problem to fix, if that is the culprit.
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  #38  
Old 05-02-2019, 01:50 PM
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I think it was your generic internet huckster "Send me $100 and I can solve all your problems" that he was referring to. You can keep that in other areas for all I care, but not in Careers. You can stop posting it here or I'll just remove it, whichever you prefer.
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  #39  
Old 05-02-2019, 03:45 PM
act2106 act2106 is offline
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Originally Posted by Helena Lake View Post
the client was a university in a very. very liberal area. Chance are that it would attract a higher-than-average proportion of LGBTQ people, so I assumed that the prevalence of reassignment surgery would be higher than the national average.

Also, generally speaking, anytime a client asks for exceptional coverage, you can bet they intend to use it... so the likelihoods are pretty high.
I understand that it needs to be increased. I'm just curious how you chose a factor of 3 instead of 1.5 or 4 or 7. It seems like you did a lot of work, and that multiplicative factor would have a huge impact on the result. I'm not sure how something like that would be estimated.
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  #40  
Old 05-02-2019, 04:14 PM
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AbedNadir AbedNadir is offline
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you can seek fulfilment in your life with something other than work too if you want
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