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  #21  
Old 12-16-2017, 04:37 PM
econfkw econfkw is offline
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Originally Posted by jas66Kent View Post
I would focus more on technically minded roles in actuarial, as those are the ones you could use your education in right away,
Agree. But those technically minded roles in actuarial require EL actuarial experience.
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  #22  
Old 12-16-2017, 04:42 PM
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Agree. But those technically minded roles in actuarial require EL actuarial experience.
Most, but not all. That would be your niche (having ASA would really help here) unless you want to start at the very bottom in EL which would suck when you have to work with a bunch of kids just fresh out of a Bachelors degree.
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  #23  
Old 12-16-2017, 05:04 PM
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Maybe the OP can look into ERM area where technical analysis is heavily required.
What do you think jas66kent?
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  #24  
Old 12-16-2017, 05:39 PM
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Originally Posted by ronaldy27 View Post
Maybe the OP can look into ERM area where technical analysis is heavily required.
What do you think jas66kent?
Jas doesn't live in the same country as the OP. His advice would be somewhat biased by difference in national regulatory environment.
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  #25  
Old 12-16-2017, 06:01 PM
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Does anyone here think it is possible to hook with people?
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  #26  
Old 12-16-2017, 06:16 PM
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It happened many times like this: apply an EL job Friday night and get rejection email Sunday morning. If all hiring managers are not willing to hire candidates with graduate degree, fearing that they would bolt quickly; then the actuary profession is not open to candidates with PhD.
But many ibanks, I.T companies (e.g Amazon), data science.... are hiring PhD crazy to do some fancy things. They are desperate for innovation. It doesn't look like actuarial profession is following the same path. Maybe they are but I just don't know. Not sure about the long-term impact.


My friend told me to complete FAP to get ASA before the new curriculum kicks in. That's why I come back to this forum.
So basically the market is signaling that it doesn't want you and that it prefers fresh AS grads ( who literally spend 4 years building a resume to get an actuarial job) and you think it's a good idea to double down by trying to become an associate? And at the same time you claim there is strong demand for PhDs, such as yourself, in other industries? This makes no sense and the irony is that you have an Econ PhD.
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  #27  
Old 12-16-2017, 07:59 PM
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and you think it's a good idea to double down by trying to become an associate?
I didn't say so. There will be a new curriculum. If I don't get ASA before May 2018, I need to take predictive modelling exam.

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Originally Posted by MathStatFin View Post
And at the same time you claim there is strong demand for PhDs, such as yourself, in other industries? This makes no sense and the irony is that you have an Econ PhD.
I was just trying to bring up the recent trend that some industries are hiring many PhDs to do some fancy things. I don't appreciate your rubbing salt into wound.
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  #28  
Old 12-16-2017, 08:04 PM
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So basically the market is signaling that it doesn't want you and that it prefers fresh AS grads ( who literally spend 4 years building a resume to get an actuarial job) and you think it's a good idea to double down by trying to become an associate? And at the same time you claim there is strong demand for PhDs, such as yourself, in other industries? This makes no sense and the irony is that you have an Econ PhD.
is there a reason you need to always be rude?
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  #29  
Old 12-17-2017, 12:03 AM
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Not a good reason. The curriculum change won't increase travel time by much, but ASA on top of PhD for an EL position is about as "overqualified" as it gets.
For this, I humbly disagree. Why does anyone want to take predictive modelling exam when you already have 5 exams under belt? Getting ASA is not about finding job. I don't see any marginal gain spending more time and money on one more exam. I already know those predictive modelling stuff and using R to model them.
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  #30  
Old 12-17-2017, 12:05 AM
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For this, I humbly disagree. Why does anyone want to take predictive modelling exam when you already have 5 exams under belt? Getting ASA is not about finding job. I don't see any marginal gain spending more time and money on one more exam. I already know those predictive modelling stuff and using R to model them.
seriously. taking an extra 5 HOUR EXAM ****ing sucks. it's the only reason why i stopped my very very extremely long hiatus from exams to do FAP now.
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