Actuary Reacts to "What is an Actuary" Definitions
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- čas přidán 6. 09. 2024
- What is an actuary? I'm on the hunt for a succinct answer in plain English.
As a fellow of the Casualty Actuarial Society, in this video, I will react to "What is an actuary" definitions by:
- Casualty Actuarial Society
- Society of Actuaries
- Institute and Faculty of Actuaries
Watch to see my thoughts!
You should make a "day in the life of an actuary" video!!
Stop giving yourself more work to do!!
@@Actuaryelle no you really should... student of ifoa here
Please do! I teach actuary students and it's hard for me to give an honest assessment of the job (day to day) as someone who does NOT have industry experience (planned to be an actuary for a short time but landed an academic job instead).
In particular I find myself (based on many previous discussions) "warning" students that it's a "boring" business/desk job and I'm always wondering if I'm being a bit too harsh in that assessment. I do also tell them that it pays well, it's relatively stress free, you get paid study time, and the hours are good... Come to think of it, maybe grass really is greener on the other side! :p
Can you do a video on how covid 19 will affect your work, the insurance industry, and the demand for actuaries if people trying to become an actuary?
I dont think it hurts the demand for actuaries. Just had an announcement at work today that one of my teammates is going to another company- so people are definitely still hiring!
Contrary to popular conception, actuaries do not calculate risk of disaster, they set it themselves. Actuaries are the societal arbiters of life and death, choosing how often they want catastrophes to occur and to whom
Hahahahahahah oh my goodness 😂
Thank you for giving this video a thumbs up!
Question of the day: what is an actuary? Wrong answers only
Mathematical Fortune Teller
The art or practice of clipping shrubs or trees into ornamental shapes
Someone who plays roles in movies, tv shows, and theatre shows.
An actuary is a type of bird from the Galapagos. Mostly known for being totally fake.
a glorified statistician
your content is improving
Thank you. 😊😊
Love your videos!! As someone who searched a lot for a description of the job when picking a major I found a lot of these websites and was left wondering what the actual job was like!
Glad you enjoyed! Thanks for watching 😊😊
Funny! I'm a bookkeeper and have a similar issue where it's hard to describe the job succinctly.
I think it's true for a lot of professions 🙈
I love your honesty. How sweet you are. :)
I kind of feel like that you are a superhero because I haven't heard about what is an actuary like this.
haha
Also, I am looking for a job right now. It is hard to get an interview opportunity for internships. Do you have any recommendations for me to apply for other related jobs? Would it be good to apply only to an insurance company to become an actuary?
Thank you so so much!
My first internship was just generic office work at a company in the aerospace industry. Any experience is better than no experience.
I recommend checking with your university career guidance center. They probably have internship postings that you can apply to. Good luck 😊😊
Thanks Elle, you make my actuarial journey more easy
Thanks for watching!
I'm not an actuary, but my husband is and it baffles me whenever he tries to explain what he's doing on his massive excel sheets. Thank you for breaking it down a bit for me haha
Hahahaha I definitely have massive excel sheets open at all times 😂
My actuary exam was cancelled. I prepared for it. Now I don't know when it will happen. I don't study now what should I do?
I'm so sorry. I know how much time and energy goes in to studying for these exams.
I cant tell you how to live your life, but personally I would do the following:
1. Give yourself permission to feel sad/annoyed/angry/bummed.. whatever it is that you're feeling. Yes, other people have bigger problems than a cancelled exam, but this exam was important to you and you're allowed to grieve it.
2. Try to acknowledge and express gratitude for all the good that you still have in your life. I dont know your personal situation, but I hope you're healthy and safe
3. Personally, I wouldn't keep studying. I might keep a formula sheet near me and try to glance over that every day or two just so I dont completely forget what's on the syllabus, but definitely wouldn't try to full-on study. That's too much pressure
4. Try to fill your time with positive things that you didnt have time for when you were studying. For me, its yoga. (Also watching too much CZcams!)
Stay safe. Hope this helped a tiny bit.
@@Actuaryelle thank you very much for your advice. And I will definitely follow all your tips. Thanks a lot.
I lurnd actuaries have the lowest device rate. I wish to apply the risk management to relationships. I want to think more like an actuary.
Great video! You requested our request for videos. Do you have or can make a video on how you chose CAS vs SOA? Also could you provide the steps required to study outside of University? Were there certain resources you used? I recently took courses by following a different program undergraduate because mine was AgEcon, so I took courses as non degree seeking from U of MN's actuarial science program. However I am stuck finding the resources I need to understand how to be prepared for my exams. Where did you go to get the information you needed when sitting your first exam in University?
Thank you!
There are lots of good threads about the best study manuals to use on actuarial outpost: www.actuarialoutpost.com/actuarial_discussion_forum/forumdisplay.php?f=19
I think Brea from Etched actuarial also gives advice about study manuals. Personally I took the exams so long ago, I dont have much input to give on study material anymore
i remember her talking about why she chose cas. not sure about about the particular video title tho
That video is on my other channel czcams.com/users/ellellevlog
As an actuary working in social security, I do find myself excited on the new work that will be given to me. Though that excitement only lasts until the day of receiving the new work. Days filled with frustrations and headaches will follow hahahaha!
Hahaha glad you get excited!! I definitely have some projects that I think "this will be fun and interesting to work on" too 😊
so funny and true
😊😊
How about a video on the top five/10 most used excel functions? Maybe not all that exciting, but I think it’ll help.
Keep ‘em coming.
Do you know how to use excel?
Actuary elle I know the basics and I know how to google when I get stuck. VBA is on my list of things to learn.
Hmm yeah that's my thinking though, most people already know the most used excel functions
I'm not even an actuary but I watched the video til the end. I love your diction! 😃
Hahaha I appreciate it!
@@Actuaryelle 😊😊😊
What do you do for a living, if not actuarying?
@@Actuaryelle I'm actually an actuarial recruiter 😅
Actuary-adjacent 😂
I don't know if you've ever seen How I Met your Mother but when asked what he did Barney would always answer "Pleaseee...."
Actuaries should do that lol
Hi actuary elle! I am finishing up my freshman year of college and am seriously considering the actuary career. I was wondering what your favorite and least favorite parts of your job are? I really enjoy math and economics and was turned toward the actuary career so I'm researching it. I was also wondering what other careers you were considering and what drew you to actuary over the others. Thanks!
I was considering engineering as well, at the time.
Nowadays when I think about what I would go back to school to learn, its probably data science and coding
Awesome video 👏
Aw thank you! Glad you enjoyed!!
Maybe I can do a video on “Actuary reacts to Actuaries reaction video on -What is an actuary ? “
Hahaha do it
I LOVE THAT!!! There is no such thing as an actuarial emergency. Ahaha
👏👏👏
Can you make a video detailing the role of data science in actuarial science? I think this is important and should be discussed.
I will be attending center of actuarial excellence Pennsylvania state university for actuarial science major, largest career fair and #1 in recruiting with cigna, UnitedHealth, prudential,etc offers.
I'll add it to the list, but I warn you I'm very inconsistent at posting
@@Actuaryelle no worries!
can you do a video on interviews
I haven't had a job interview since 2012 so I'm probably not the best person to ask 😂
I am a student of actural science. Studying 2nd year MSAS (Actural science). Can u help me
Help you with what?
I am in my 12th grade and super stressed about which field to pursue .
I am a science student can i take this line ?
Which country is best for this course?
Please reply on my comment
I've only ever done it in Canada and I enjoy it here. Where are you from?
@@Actuaryelle i am from india !
But if i choose actuary my parents are ready to send me cananda .
@@Actuaryelle hey there