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  #11  
Old 01-24-2018, 04:17 PM
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If you're in a non-traditional actuarial field, and your immediate manager isn't an actuary, would this be a problem when you apply for a designation (ACAS or FCAS), after satisfying the exam requirement(s)?

I did hear in the past how the application requires two FCAS signatures or is this plain bs?
I don't know whether it did in the past but it doesn't now. The requirements say something about having senior management substitute for a member.
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  #12  
Old 01-24-2018, 04:22 PM
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I don't know whether it did in the past but it doesn't now. The requirements say something about having senior management substitute for a member.
Good stuff. Thought I had to look for another job for a second.
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  #13  
Old 01-24-2018, 04:23 PM
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Kenny, my company refers to our division as "Employee Benefits," but I work specifically in the Health portion of it -- namely, underwriting group health plans and using that to hold carriers accountable. Does this allow me more flexibility?

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You should focus on the EA requirements first, but I usually tell people in the pension field that if there is even the slightest possibility of wanting to work as an actuary outside of pensions, or even outside of a consulting for small pension plans, you are probably better served to try to get your ASA than just the EA. EA is only sufficient for a niche field which is inside of an already niche field, but I know of quite a few successful EA only actuaries.
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  #14  
Old 01-24-2018, 04:31 PM
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Moving to Careers.
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  #15  
Old 01-24-2018, 04:53 PM
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I don't know whether it did in the past but it doesn't now. The requirements say something about having senior management substitute for a member.
I was worried about this as well sometime in the past until I came across this exception. We only have one actuary here, so it better be the case since 2 recommendations are required for ACAS.
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  #16  
Old 01-24-2018, 04:54 PM
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link for the bolded? not listed here:
http://dev.actuary.org/category/site...p-requirements
Sorry I donít have a link. Thatís what I was told at APC. That being a career changer my ASA is basically worthless unless MAAA. Iím happy to be wrong here
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  #17  
Old 01-24-2018, 04:59 PM
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I was worried about this as well sometime in the past until I came across this exception. We only have one actuary here, so it better be the case since 2 recommendations are required for ACAS.
For the 2 recommendations, how much do the managers need to know about you and your work?
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  #18  
Old 01-24-2018, 05:17 PM
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From the CAS

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References on your behalf by two members of the Casualty Actuarial Society are required. Obtaining the two references is your responsibility. You may wish to give copies of the instructions to the individuals providing the references. If there are no members of the CAS that are familiar with you and your work history, references from the American Academy of Actuaries, Society of Actuaries, or senior executives where you are employed may be substituted.
Doesn't go into more detail there, but gives a contact to email if more info is required. In my case, I help present stuff directly to the EVP, so I'm not too terribly worried about it.
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  #19  
Old 01-24-2018, 05:27 PM
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From the CAS



Doesn't go into more detail there, but gives a contact to email if more info is required. In my case, I help present stuff directly to the EVP, so I'm not too terribly worried about it.
Thanks for the link. I def have one who can serve as a reference but I have to find the 2nd.
There are plenty of FCASs in my company but I don't interact with them enough to request their signatures.
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  #20  
Old 01-24-2018, 05:56 PM
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Originally Posted by Pellican View Post
Kenny, my company refers to our division as "Employee Benefits," but I work specifically in the Health portion of it -- namely, underwriting group health plans and using that to hold carriers accountable. Does this allow me more flexibility?
In that case, you should be looking at FSA requirements on the health track and the US Qualification Standards (I don't think NAIC requirements apply to group health since they are covered under ERISA, but I'm sure someone will correct me if I am wrong).
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