With two weeks before registration and entries close, Shubhi Bhargava explains more about the Actuarial Innovation Challenge 2024 and why such competitions can benefit future actuarial careers
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I found this interesting. It brings light to what it means to work in the actuarial industry for a complete beginner. Are you interested in a career in actuarial? Here's a sneak peek into the complexities of the actuarial career. Are you trying to figure out if this is the ladder you want to climb? Read on!
The Actuarial Career: What to expect in your day-to-day job!
blog.actexlearning.com
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1.Unveiling Actuarial Science: More than Just Numbers? 😉 Ever wondered how insurance companies predict risks? 🤔 Scratch that... Ever wondered how insurance companies set premiums, or ensure their long-term financial stability? 🤷♀️️ Enter the world of actuarial science, where numbers meet intuition to safeguard our future. What is Actuarial Science? 😋 Actuarial science is the unsung hero behind the scenes of insurance and finance. It blends mathematics, statistics, economics, with a touch of finance to analyze the financial consequences of risk. Actuaries are the wizards who crunch the numbers to ensure that businesses can weather any storm—be it a literal hurricane or a financial downturn. Beyond Math: It's an Art Contrary to popular belief, actuaries don't just hide behind spreadsheets. They possess a unique ability to balance quantitative analysis with real-world intuition. They're the Sherlock Holmes of the financial world, piecing together data points to foresee and mitigate risks. Diverse Applications Actuarial science isn’t confined to insurance. It’s the backbone of pension planning, healthcare analytics, and even strategic consulting. Actuaries are the strategic advisors who guide decisions in a world increasingly shaped by uncertainty. Are you a problem-solver with a knack for numbers and a passion for making a difference? Actuarial science might just be your calling. Embrace the challenge, and embark on a career where every calculation counts. Conclusion Actuarial science isn’t just a profession—it’s a blend of science and art that shapes our financial world. Whether you’re safeguarding against the unexpected or planning for a secure future, actuaries are the silent guardians ensuring stability in an uncertain world. Let’s celebrate the fascinating world of actuarial science—one calculation at a time. Ready to dive in? #actuarialscience #insurance #finance
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Understanding actuarial reports just got easier! 🎉 Our very own Stephanie Irvin, MBA, has created an "Actuary Vocabulary" guide to help you navigate the complexities of #pension and #OPEB reports with ease. Check it out and become fluent in Actuary & English today! #actuary #publicfinance #localgov #benefitsmanagement
Actuary Vocabulary 101: Essential Terms and Definitions - Odyssey Advisors, Inc
https://www.odysseyadvisors.com
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"The Code allows us to uphold the reputation of the actuarial profession, permitting our profession to continue to be self-regulated." Need a refresher on the Code of Professional Conduct? Check out my article in the latest issue of the Casualty Actuarial Society #ActuarialReview! In this part one (of two), I outline the history of the Code and describe the first six precepts, including examples of potential violations. Feel free to reach out with any actuarial professionalism questions you have! #actuary #professionalism
The Actuary’s Guide to the Code of Professional Conduct (Part 1) - Actuarial Review Magazine
https://ar.casact.org
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I am thrilled to share that I have successfully passed Exam P (Probability) of the Society of Actuaries! 🎉 This journey has been challenging and rewarding, involving countless hours of study and practice. The skills and knowledge I’ve gained through this process are invaluable, and I’m excited to continue on my path towards becoming an actuary. Looking forward to the next steps in this actuarial journey! 🚀 #Actuary #SocietyOfActuaries #ExamP
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Preparing for actuarial exams can be challenging, but with the right strategies and resources, success is within reach! Dive into our latest revision tips and master complex concepts one step at a time. 💼📈 #TheAcademicJunction #ActuarialScience #ActuaryExams #IAI #RevisionTips #DataAnalytics #RiskManagement #StudySmart #ActuarialJourney #Insurance #FinancialModelling https://lnkd.in/dQdnUXaB
Actuarial Science Revision
https://theacademicjunction.co.in
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When I first started at Odyssey nearly four years ago (time flies! 🎉), I felt like a chicken with its head cut off. Coming from a military background, I'm no stranger to acronyms and jargon, but the learning curve was steep, and there wasn't a handy glossary of actuarial terms to reference. So, we created one! Our "Actuary Vocabulary" guide is designed to help anyone reading an actuarial report feel less lost. I hope you find it as helpful as I do! #actuary #publicfinance #fiscalpolicy #governmentfinance #pension #OPEB
Actuary & Entrepreneur helping clients reduce taxes, protect assets & secure retirements. OPEB & Pension Valuations | 401(k) & Cash Balance Design | Assisting Financial Advisors | Client service | Independent
For my municipal peeps (and others too), the actuarial language can be daunting despite our best efforts to make it understandable. Stephanie Irvin, MBA on our team has put together a great "Actuary Vocabulary" guide to help you become bilingual in both Actuary & English. So, when you're reviewing that pension or OPEB report and the language seems confusing (hopefully not our report), I encourage you go give this a read. https://lnkd.in/gjkMheBp #actuary #OPEB #Pension #GASB #Municipal #stateandlocal
Actuary Vocabulary 101: Essential Terms and Definitions - Odyssey Advisors, Inc
https://www.odysseyadvisors.com
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The history of insurance goes back to 1,000's of years ago. A lot has changed in the industry, but the basic concepts are still the same - to protect you in case of any unexpected situation. To be insured there is a lot going on in the background and actuaries play a crucial role for this to happen. The article below highlights the history of actuarial science. A great read indeed. Thanks to Devadeep Gupta FIAI CERA, for such an insightful collection of history. #theactuary
The History of Actuarial Science
https://www.theactuarymagazine.org
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"What is an Actuary?" "What makes a great Actuary?" "Why choose Actuarial Science?" These are some of the most common questions posed to Hassan Scott Odierno, an Actuary and Senior Partner at Actuarial Partners Consulting. In this video, he answers these questions and offers valuable insights and advice on pursuing a career as an actuary. Watch it here: https://lnkd.in/gB7Dda4c Learn@AP, the learning and development division of Actuarial Partners, offers a variety of courses to enhance your knowledge and skills. Visit https://lnkd.in/g_Uy_xSm to learn more! #actuary #actuarialscience #insurance #takaful #knowledge
Why Be An Actuary?
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The bulk of the ABCD’s work does not involve complaints or cases that result in disciplinary recommendations; more commonly, they involve inquiries from actuaries seeking counseling services. The ABCD refers to these counseling services as “Requests for Guidance.” Be sure to read Kenneth Hsu's and my article in the latest Actuarial Review to learn more. https://lnkd.in/e_-ajE_P
What to See in AB“C”D - Actuarial Review Magazine
https://ar.casact.org
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2moInstitute of Actuarial and Quantitative Studies (IAQS) Aman Loharuka