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  #21  
Old 07-17-2017, 09:07 AM
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I'm guessing he just saw that comment, thought it was wise and insightful, and therefore assumed that I said that?
hahaha, when I looked back I was like "duh, Westley is probably one of those annoying hiring managers who has no idea how to evaluate technical skills, and just assumes all actuaries have them more or less equally..."

(Though to be fair I wouldn't have guessed Dr T either-- occasional I see him post something like, "if your pivot tables aren't working then you need to get your analysts to run better queries" which I translate to: drunk with power.)
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  #22  
Old 07-17-2017, 09:13 AM
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Quote:
Originally Posted by Sredni Vashtar View Post
hahaha, when I looked back I was like "duh, Westley is probably one of those annoying hiring managers who has no idea how to evaluate technical skills, and just assumes all actuaries have them more or less equally..."

(Though to be fair I wouldn't have guessed DTNF either-- occasional I see him post something like, "if your pivot tables aren't working then you need to get your analysts to run better queries" which I translate to: drunk with power.)
IFYQ

Well, partially fixed it. I am certainly not endorsing the opinions expressed.
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This. And everything else JMO wrote.
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I feel like ERM is 90% buzzwords, and that the underlying agenda is to make sure at least one of your Corporate Officers is not dumb.
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  #23  
Old 07-17-2017, 09:23 AM
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IFYQ

Well, partially fixed it. I am certainly not endorsing the opinions expressed.
Well, to be fair I really don't know. Every post I've stumbled across by Westley is about professionalism (which is the whole point of Actuaries, and why OP should focus on that first), so I unfairly think of him as a non-technical guy.
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  #24  
Old 07-17-2017, 09:32 AM
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Completely fairly
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  #25  
Old 07-17-2017, 09:49 AM
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EL actuaries mostly rely on their technical skills to get started in the profession. And then they assume that technical skills are the most important thing. They are wrong, IMO.
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  #26  
Old 07-17-2017, 10:04 AM
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EL actuaries mostly rely on their technical skills to get started in the profession. And then they assume that technical skills are the most important thing. They are wrong, IMO.
Technical skills are the most important part of being productive. How much work the actuarial department gets done, as a whole, is basically the sum of technical skills. But yeah, being productive doesn't really matter that much.
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Last edited by Sredni Vashtar; 07-17-2017 at 10:08 AM..
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  #27  
Old 07-17-2017, 10:38 AM
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Wrong wrong and wrong, although to be fair it's hard to tell what part(s) might be sarcasm.
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  #28  
Old 07-17-2017, 10:59 AM
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Wrong wrong and wrong, although to be fair it's hard to tell what part(s) might be sarcasm.
Well, I'm half-sarcastic here. The real answer is that it's complicated...

For our department, the average work-day is a series of technical projects. We want to price this, reserve that, create a plan, create a product, test hypotheticals, etc. etc. the technical actuaries do all of this. The quantity and quality of projects depends entirely on how technical the department is. A good worker can do 2x or 3x the work of a mediocre worker. A great worker can do things that nobody else can.

Then there's the managers. The managers can have good "leadership skills" but that doesn't matter much. Most people can be productive under Asperger management. What does matter is how well management can divvy up tasks, communicate with other departments, and not be so annoying to make work suck.

Then there's the directors and Chief. And here's where my answer flips. Because at the end of the day, the most important thing is that the CEO/CFO listens to the Chief Actuary. And that means wearing a suit and talking smooth, and having the right letters after your name.
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Last edited by Sredni Vashtar; 07-17-2017 at 11:03 AM..
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  #29  
Old 07-17-2017, 11:21 AM
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Would simply add that the quality of that technical work doesn't matter if there isn't somebody - whether analyst or manager, in the department or outside - that can make other departments recognize the value of the work and understand how to use it productively.
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  #30  
Old 07-17-2017, 12:11 PM
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Originally Posted by Sredni Vashtar View Post
hahaha, when I looked back I was like "duh, Westley is probably one of those annoying hiring managers who has no idea how to evaluate technical skills, and just assumes all actuaries have them more or less equally..."

(Though to be fair I wouldn't have guessed Dr T either-- occasional I see him post something like, "if your pivot tables aren't working then you need to get your analysts to run better queries" which I translate to: drunk with power.)
Not sure how you read anything I say like that. I'm no manager. I run my own queries such that pivot tables are not required. I know of some places that have data analysts run queries and actuaries are at their mercy. More like "drunk without any power."
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