actuary

6 ms·

1.
by actuary 5y ago
Actuarial credentials aren't licenses. In the United States, they confer no privileges aside from the ability to sign a particular statement on the condition of a company's loss reserves. This is something that few actuaries will
2.
by actuary 9y ago
Insurance companies. Look into the actuarial profession.
3.
by actuary 10y ago
If the article were instead devoted to exploring the application of similar programs in a different context, perhaps it would have been named "Drive Safe or Else: How Car Insurance Companies Became Obsessed with Tracking Your Speeding
4.
Iran Case Is So Secret It Can't Go On(bloombergview.com)
5 points by actuary 11y ago|0 comments
5.
by actuary 12y ago
It's probably not the section that most of you will be focusing on, but the "Insurance" section seems to be written by someone who doesn't know the industry. Insurers are absolutely already starting to monitor driving ha
6.
by actuary 12y ago
Nooo. No. An actuary is someone who does actuarial work. Most people join the profession right out of college. They have no piece of paper other than their degree. They are still actuaries. A credentialed actuary is someone who has gone t
7.
by actuary 12y ago
Android is great but God help you if something breaks. Both of my Nexus phones stopped functioning after a year, and I know through very painful experience that after that point product support all but disappears. Presumably all of Google&#
8.
by actuary 12y ago
Also a consulting actuary, here for the same reason as you. The number of actuaries replying here is pretty remarkable given the extremely small size of the profession. As far as I know there is exactly one credentialed actuary working in a
9.
by actuary 13y ago
The actuarial profession effectively requires a lengthy apprenticeship before practice rights are granted. A typical actuarial student starts their first entry-level actuarial job with only an undergraduate degree, and then spends the next
10.
by actuary 13y ago
Like any other product you buy, there is a reasonably transparent and competitive market for personal insurance. Unlike any other product you buy, the price of insurance may not be excessive, inadequate, or unfairly discriminatory. This is
11.
by actuary 13y ago
This is quite incorrect. I am a credentialed actuary responsible for the pricing of insurance risk. It is absolutely true that the consumer cannot price his or her own insurance policy (and I can). However, the end result of this is not som
12.
by actuary 13y ago
This is an excellent question. First, note that you will always need a place to live. If you rent, you have no option but to pay market rents forever. Another way to put this, in the language of finance, is that you are "short" housing. Pur
13.
by actuary 14y ago
This is my area of expertise and I concur that the article is a thinly-veiled advertisement, but my account is relatively new and I don't seem to have the ability to flag it.
14.
by actuary 14y ago
This is absolutely not true for insurance data, where the task is to predict expected losses per policy and (in any given year) perhaps only 1% of policies will have any losses at all. Even if your statement were true, this sort of analysis
15.
by actuary 14y ago
I was in a similar boat, less than thrilled with both banking and academia. The property/casualty actuarial field was a very good fit.
16.
by actuary 14y ago
My first thought upon clicking through was "Wow, a big crowd-sourced database of very cheap flights to random destinations. I think I know how I'm going to plan my next vacation!" But then: "Sorry, only the contest owner can view flight det