Viewing profile — actuary

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 re…

Insurance companies. Look into the actuarial profession.

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…

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 absolutel…

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 a…

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 pr…

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…

The actuarial profession effectively requires a lengthy apprenticeship before practice rights are granted. A typical actuarial student starts their first entry-level actuarial job …

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…

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 po…

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 t…

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.

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 …

I was in a similar boat, less than thrilled with both banking and academia. The property/casualty actuarial field was a very good fit.

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!" …