Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Careers - Employment
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions



Reply
 
Thread Tools Search this Thread Display Modes
  #21  
Old 09-07-2016, 07:31 AM
Abelian Grape's Avatar
Abelian Grape Abelian Grape is offline
Meme-ber                         Meme-ber
CAS
 
Join Date: Jul 2014
Posts: 39,486
Default

Quote:
Originally Posted by whoanonstop View Post
This general idea that someone with a statistics background will have a decent understanding of machine learning from the start is misguided. Unless you graduated from a handful of specific programs, your knowledge will be very limited at best.

It would be extremely difficult for the average MS stats person to break 6 figures without some outside learning.

But to answer the original question, you just need to keep trying. There is no formula to success and more than likely it has less to do with your internship being nonexistent and more to do with something else you haven't revealed to us, either consciously or subconsciously. Are you terrible at interviews? Can you talk to people correctly? Are you saying the wrong things but don't realize it? Does your resume look like trash? Are you foreign? There are literally a hundred things that could be preventing you from getting a job.

-Riley
How did this thread turn into machine learning
Reply With Quote
  #22  
Old 09-07-2016, 07:32 AM
whoanonstop's Avatar
whoanonstop whoanonstop is offline
Member
Non-Actuary
 
Join Date: Aug 2013
Location: Los Angeles, CA
Studying for Spark / Scala
College: College of William and Mary
Favorite beer: Orange Juice
Posts: 5,717
Blog Entries: 1
Default

Quote:
Originally Posted by Abelian Grape View Post
How did this thread turn into machine learning
Quote:
Why not finish that degree and then find a data science/modeler/statistician role?
Someone suggested it.

-Riley
__________________
It is impossible to have a professional forum where the majority of your professionals are anonymous.

Map of Actuarial Hiring Companies
Reply With Quote
  #23  
Old 09-07-2016, 08:13 AM
FactuarialStatement's Avatar
FactuarialStatement FactuarialStatement is offline
Member
CAS
 
Join Date: Oct 2012
Studying for 5
Favorite beer: Beer
Posts: 2,012
Default

Quote:
Originally Posted by whoanonstop View Post
This general idea that someone with a statistics background will have a decent understanding of machine learning from the start is misguided. Unless you graduated from a handful of specific programs, your knowledge will be very limited at best.
Where exactly is this general idea being expressed?

Quote:
I think long term, MS stats plus actual, demonstrable ability with programming and ML/stat methods (like everything in ESL), will be better than an FCAS who struggles to perform a linear regression in excel.
__________________
P | FM | 3F | 3ST | 3LC | C | 5 | 6 |
OC1 | OC2 | COP
Reply With Quote
  #24  
Old 09-07-2016, 11:34 AM
Dr T Non-Fan Dr T Non-Fan is offline
Member
SOA AAA
 
Join Date: Sep 2001
Location: Just outside of Nowhere
Posts: 90,377
Default

Quote:
Originally Posted by Gilgamesh View Post
I got a BS Math a couple years ago, and have 2 exams under my belt. After a few months of applying for jobs to no success, I entered graduate school for MS Stats degree because I didn't see a better option (thought I might become a statistician instead of an actuary).

I would like to give the actuary thing another go now, but I don't really know what my chances are.

I know in most industries nowadays, it's important to have an internship even just to get an EL position. Most internships require you to be in college, and an undergraduate (not a graduate like me).



Does anyone know what my chances are of finding employment without an internship, and if/how I can overcome this? I don't want to be forever exiled from the industry just because I don't have an internship.


Thanks for your advice.
No one knows your chances. You are unique and we don't know anything about you. Internship experience is nice, but it is no deal-breaker.
Keep applying everywhere. Even as you are getting your degree, which you might not finish because you get a job that pays you decent money.
__________________
DTNF's Basic Philosophy Regarding Posting: There's no emoticon for what I'm feeling! -- Jeff Albertson (CBG)
DTNF's Trademarked Standard Career Advice: "pass some exams and get back to us."
DTNF's Major advice: "Doesn't matter. Choose major that helps you with goal of Career Advice."
DTNF's Résumé Advice: Have a good and interesting answer to every item on it for the interviews.
DTNF's Law of Job Offers: You not only have to qualify for the position, but you also have to be the best candidate available for the offer.
DTNF's Work Philosophy: I am actuary. Please insert data. -- Actuary Actuarying Rodriguez.
Twitches' Advice to Crazy Women: Please just go buy your 30 cats already.
Reply With Quote
  #25  
Old 09-08-2016, 12:17 AM
Guest
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Abelian Grape View Post
How did this thread turn into machine learning
Data science missionaries, amirite?

Needs more hellfire and damnation about the collapse of actuarial jobs to convert me though
Reply With Quote
  #26  
Old 09-08-2016, 10:48 PM
max100 max100 is offline
CAS SOA
 
Join Date: Jul 2014
College: FSU
Posts: 15
Default

@OP, not really, one of my classmates got hired last month with 2 exams , no internship. But he has a MS in actuarial science , and strong technical skills
Reply With Quote
  #27  
Old 09-08-2016, 10:53 PM
whoanonstop's Avatar
whoanonstop whoanonstop is offline
Member
Non-Actuary
 
Join Date: Aug 2013
Location: Los Angeles, CA
Studying for Spark / Scala
College: College of William and Mary
Favorite beer: Orange Juice
Posts: 5,717
Blog Entries: 1
Default

Quote:
Originally Posted by max100 View Post
But he has a MS in actuarial science , and strong technical skills
Obviously, you can't have one without the other.

-Riley
__________________
It is impossible to have a professional forum where the majority of your professionals are anonymous.

Map of Actuarial Hiring Companies
Reply With Quote
  #28  
Old 09-08-2016, 10:54 PM
whoanonstop's Avatar
whoanonstop whoanonstop is offline
Member
Non-Actuary
 
Join Date: Aug 2013
Location: Los Angeles, CA
Studying for Spark / Scala
College: College of William and Mary
Favorite beer: Orange Juice
Posts: 5,717
Blog Entries: 1
Default

Quote:
Originally Posted by max100 View Post
@OP, not really, one of my classmates got hired last month with 2 exams
Guess he was so focused on the technical skills that he forgot to pass exams?

-Riley
__________________
It is impossible to have a professional forum where the majority of your professionals are anonymous.

Map of Actuarial Hiring Companies
Reply With Quote
  #29  
Old 09-09-2016, 10:21 AM
mathmajor's Avatar
mathmajor mathmajor is offline
Member
SOA AAA
 
Join Date: Dec 2010
Location: Nowhere in particular
Studying for Japanese
College: B.S. Applied Math
Favorite beer: La Croix Grapefruit
Posts: 8,760
Default

I got hired with a BS, one exam, and no internship. I was in grad school for teaching. This was just after the 2008 downturn.

After a year of looking.

I was awkward af but fairly smart.

So there's that.
__________________
FSA

"I'm here to entertain, and inform." -George Carlin
Reply With Quote
  #30  
Old 09-09-2016, 10:42 AM
whoanonstop's Avatar
whoanonstop whoanonstop is offline
Member
Non-Actuary
 
Join Date: Aug 2013
Location: Los Angeles, CA
Studying for Spark / Scala
College: College of William and Mary
Favorite beer: Orange Juice
Posts: 5,717
Blog Entries: 1
Default

Quote:
Originally Posted by mathmajor View Post
I was awkward af but fairly smart.
Are you trying to make the suggestion that most actuaries aren't fairly smart so you had an advantage?



-Riley
__________________
It is impossible to have a professional forum where the majority of your professionals are anonymous.

Map of Actuarial Hiring Companies
Reply With Quote
Reply

Tags
#predanal, actuary, big data, data science, employment, entry, intern, internship, machine learning, predictive analytics, programming languages

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 10:45 AM.


Powered by vBulletin®
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.29295 seconds with 9 queries