CERA - Chartered Enterprise Risk Actuary qualification, May 2011 Newly qualified members of the Actuarial Profession, who have also gained the new CERA qualification, talk about why they undertook this qualification and how they see themselves using it in their future careers.
The Graduate Market - Actuarial What is the grad market like for actuaries? Dr Geraldine Kaye discusses the milk round and actuarial opportunities in a downturn. What you can expect from an actuarial salary and how to tackle assessment centers. Register now for actuarial jobs at This is part 4 of the "Overview of the Actuarial Profession" lecture at Heriot-Watt. Dr Geraldine Kaye was formally a senior research fellow at City University Actuarial Department (now part of the Cass Business School). She was also an honorary research fellow at Gresham College and previously had held senior positions in the financial services industry. She is now managing director of GAAPS Actuarial Recruitment.
2008 actuaries rock kids This was at the the last SOA annual meeting
18 Actuarial Exams: Do It Your Way Hear the experiences of several actuaries who have successfully completed their exams, and learn that there is more than one way to navigate the path to FSA.
Heriot-Watt University: Become a London Actuary We travelled down to the City of London to interview a group of actuaries, finding out what it was like living and working in one of the biggest financial centres in the world. The film demonstrated what could be achieved by studying the actuarial science degree at the university.
Financial Planning : How Much Do Actuaries Earn? The earnings for an actuary are varied, but they usually start with a salary of around $50000, and highly trained actuaries can make as much as $250000 a year. Discover how experience and longevity can affect an actuary's salary with help from a portfolio manager in this free video on financial planning. Expert: Gregory Bramwell-Smith Bio: Gregory Bramwell-Smith is the relationship and portfolio manager at Bramwell-Smith Associates. Filmmaker: David Pakman
Business School - Actuarial Science Business industry is so unpredictable with changing economic scenario and the dynamic market trends. Actuarial science is field of study that applies the mathematical statistical procedures and financial theory concepts to compute the risks. Request More Information:
Pathways to Becoming an Actuary - Part 2 This presentation by Dr Geraldine Kaye of GAAPS Actuarial was given at Imperial College Business School. Qualifying as an actuary: Choosing your degree, Advice about exemptions, Balancing university, study and the milkround. What can you expect: Actuarial career paths, Variety and flexibility, Working across diverse industries. Travelling as an actuary: Transferable qualification, International, CERA, UK professional bodies, France, Canada, South Africa. Pathways to becoming an actuary: Self-study, ActEd, University, Exemptions, Imperial College, Pros and Cons of the different pathways
Actuaries If you work and pay taxes, carry insurance on your home or car, belong to an HMO or are putting money away for retirment, you depend on the work of Actuaries. Entry level job search and internships.
Pathways to Becoming an Actuary - Part 1 This presentation by Dr Geraldine Kaye of GAAPS Actuarial was given at Imperial College Business School. What is an actuary? What qualities does an actuary need academic requirements, good communication skills, personality type? Where do actuaries work traditional sectors and wider fields? Rewards, salary and remuneration; Prospects for the future of the actuarial profession. Part 1 of 2
The Actuary Song Based on the song Price Tag by Jessie J'. Seems like no-one does realise What an actuary actually does They don't work with bees Nor fish or trees But they do really impact our lives They value pension reserves And calculate your premiums They use finance and stats And a bit of maths But a lot more than just sums They have to pass lots of exams And most of them are quite hard They're not just nerds They know how to have a good time Actuaries work with money, money And can make a lot of money, money They just wanna quantify risk And price insurance But it ain't about the money, money If you wanna be an actuary You gotta be a good guy Don't forget about HI...H They can try and define The time that you might die Or work out the chance of your car getting smashed And help you be retired They can work for government Banks or insurance Or anywhere else where there is some risk Guarantee they'll be doing alright They have to pass lots of exams And most of them are quite hard They're not just nerds They know how to have a good time Actuaries work with money, money And can make a lot of money, money They just wanna quantify risk And price insurance But it ain't about the money, money If you wanna be an actuary You gotta be a good guy Don't forget about HI...H
Actuarial Science Student's Anger Just having some fun after spending entire day in library studying for Actuarial Science Exams. We love this subject, just there are too much exams for us to pass. Hope you had fun!
Math Help : What Math Do Actuaries Use? Actuaries work in insurance and often deal with probability, such as when dealing with the financial consequences of a risk. Find out how the work of actuaries figures prominently into everyday math with help from a math teacher in this free video on math lessons. Expert: Jimmy Chang Bio: Jimmy Chang has been a math teacher at St. Pete College for nearly a decade. He has a master's degree in math, and his specialties include calculus, algebra, liberal arts, math and trigonometry. Filmmaker: Christopher Rokosz
02 The Actuarial Profession and the Future Today, actuaries are transforming business in ways never before thought imaginable. Learn about the major issues facing the profession, the ways that actuaries are making a difference in business today and what makes actuaries uniquely qualified to transform the future of business.
Sun Life Financial - Actuary This video highlights what it's like to work as an Actuary for Sun Life Financial. Actuaries main duties include forecasts and predictions for selling insurance. Actuaries evaluate liabilities through oversight and accountability to make sure they manage the risk for Sun Life Financial. Actuarial is the center of product innovation, risk management, financial management product design and cost and product evaluation because Sun Life knows that the core of any business is the product. Sun Life provides support and recognition through compensation and benefits to see their employees grow within the organization.
What is an Actuary? An actuary explains his profession and the actuarial exam process.
Actuary Salary Surveys for Actuarial Jobs (US) /salary has the new industry standard for actuarial compensation surveys. Actuaries and actuarial ***ysts can learn how much they should be paid. A great actuary salaries source.
American Academy of Actuaries' April 4, 2011, Briefing on "Understanding Retirement Risk" - Part 1 Presentation slides: bit.ly American Academy of Actuaries pension experts addressed the risks inherent with retirement plan designs and the implications for retirement planning and public policy in this April 4, 2011, Capitol Hill Briefing, "Pension Risk and Your Retirement: Understanding Retirement Risk and Overcoming Challenges through Public Policy Options." Noting that half the population outlives its life expectancy but that most retirees plan for their assets to last only through their life expectancy, presenters Ethan Kra and Lane West detailed a lengthy list of risks to a safe and comfortable retirement, including investment risk, longevity risk, inflation risk, expense risk, and interest rate risk. Other threats include timing of retirement, not saving enough, not saving early enough, leakage from defined contribution (DC) plans when employees roll over savings into an IRA, and being out of the work force during a portion of one's prime earning years. "Public policy should work to promote lifetime income," Kra explained. Effective public policy reforms that could achieve that goal include: • Providing incentives for workers to increase retirement savings; • Discouraging lump sum distributions from (DC) plans and encouraging annuitization of lump sum distributions; • Penalizing leakage of funds at the time of DC rollovers or even mandating rollovers; • Supporting pooling of risk; and, • Promoting lifetime income arrangements such as annuities.
Actuarial ***ytics in R With data ***ysis showing up in domains as varied as baseball, evidence-based medicine, predicting recidivism and child support lapses, judging wine quality, credit scoring, supermarket scanner data ***ysis, and "genius" recommendation engines, "business ***ytics" is part of the zeitgeist. This is a good moment for actuaries to remember that their discipline is arguably the first -- and a quarter of a millennium old -- example of business ***ytics at work. Today, the widespread availability of sophisticated open-source statistical computing and data visualization environments provides the actuarial profession with an unprecedented opportunity to deepen its expertise as well as broaden its horizons, living up to its potential as a profession of creative and flexible data scientists. This session will include an overview of the R statistical computing environment as well as a sequence of brief case studies of actuarial ***yses in R. Case studies will include examples from loss distribution ***ysis, ratemaking, loss reserving, and predictive modeling.
Get that Actuarial Healing with the Actuarial Outpost The Actuarial Outpost is the world's largest gathering of actuaries. With our 17000 members and 3.5 million posts, you can always find the answers to your actuarial questions on the Actuarial Outpost.
Why choose the Actuarial Profession Vox pops from newly qualified actuaries explaining how they chose the Actuarial Profession for their career: more challenging and exciting than accountancy; forward looking, not backward looking like ac***ancy; high earning potential; use of mathematics; can study whilst working full time - most employers have a graduate training programme.
Actuary Career Information : Actuary Pros & Cons The pros and cons of an actuary profession include time commitments and dealing with people. Learn more about actuary career advantages and disadvantages with tips from a experienced actuary in this free career information video. Expert: Faye Albert Contact: Bio: Faye Albert owns her own actuary firm called Albert Associates. They provide actuarial consulting to insurance companies, government agencies and lawyers. Filmmaker: Paul Muller
Overview of the Actuarial Profession - Introduction The introduction to a lecture by Dr Geraldine Kaye of GAAPS given at the Heriot-Watt careers fair in 2007. This clip covers the main areas of the actuarial profesion, the graduate market and networking to find that magic job. Register with GAAPS at Dr Geraldine Kaye was formally a senior research fellow at City University Actuarial Department (now part of the Cass Business School). She was also an honorary research fellow at Gresham College and previously had held senior positions in the financial services industry. She is now managing director of GAAPS Actuarial Recruitment.
Actuary Career Information : Actuary Salary Actuary salaries vary by skill, experience and level of responsibility. Find out more information about an actuary's salary with tips from a experienced actuary in this free career information video. Expert: Faye Albert Contact: Bio: Faye Albert owns her own actuary firm called Albert Associates. They provide actuarial consulting to insurance companies, government agencies and lawyers. Filmmaker: Paul Muller
Pensions Actuaries Need to Retrain to Survive Dr Geraldine Kaye discusses why she believes that pensions actuaries must retrain to survive. This presentation was originally given as part of a panel debate at the Institute of Actuaries pensions conference. Dr Geraldine Kaye was formally a senior research fellow at City University Actuarial Department (now part of the Cass Business School). She was also an honorary research fellow at Gresham College and previously had held senior positions in the financial services industry. She is now managing director of GAAPS Actuarial Recruitment.
14 The Actuarial Career Path These leading actuaries have turned a passion for math or for solving complex problems into a successful career. Learn more about how actuaries came to the profession and what they have done to get where they are today.
Being an actuary Find out who actuaries are, what they do and why their profession is one of the most exciting, dynamic and rewarding in the world.
So You Want to be an Actuary? Career information about the actuarial profession.
What is an Actuary? Macquarie University www.mq.edu.au Melinda Howes , CEO of the Institute of Actuaries discusses the type of work Actuaries are involved in and the career opportunities available to Actuarial graduates.
Actuary What is an actuary? Getting a math degree in college, become an actuary. Tired of trying to explain what an actuary is to your friends? Just point them to this video. Want to become an actuary? Let me teach you the technical actuarial skills to be a serious candidate ()
The Future of the Pensions Actuary 1/7 Dr Geraldine Kaye presents a workshop on The Future of the Pensions Actuary at the 2009 pensions conference in Leeds. She discusses the effects of increasing longevity, the spiralling costs associated with an ageing population and how this will affect the pensions industry. A lively feedback session raises some intriguing possibilities which merit further investigation. Dr Geraldine Kaye was formally a senior research fellow at City University Actuarial Department (now part of the Cass Business School). She was also an honorary research fellow at Gresham College and previously had held senior positions in the financial services industry. She is now managing director of GAAPS Actuarial Recruitment.
Help for student actuaries Newly qualifed actuaries comment on the help they received whilst studing for the actuarial qualification: as well as exam counselling, the infrastructure for help and support provides many resources for student actuaries.
Why become an actuary Newly qualified actuaries attending the new qualifiers meeting at Staple Inn talk about why they chose an actuarial career and what they hope to achieve.
Are Actuaries Overpaid? The panel that runs Connecticut state employees retirement programs wants to increase the controversial fee it pays two actuaries to attend meetings from $2900 to $3000 per session. State Comptroller Nancy Wyman, a non-voting, ex-officio member of the Connecticut State Employees Retirement Commission, said she wants the panel to trim those payments or shell ask lawmakers to require it to do so. Wymans comments came in response to a review issued last week by state auditors, who reported that the commission pays two of its three professional actuaries, Claude Poulin of North Carolina and Robert D. Baus of New Jersey, a per diem of $2900 per meeting, as well as compensation for first-class air travel, meals, and hotel bills. In two of several potentially embarrassing disclosures, the auditors said Baus had collected $5800 for two meetings held on the same day, and that Poulin was paid $944 for a round-trip, first-class airfare. Over the last fiscal year, the panel paid Poulin a total of $98474 and paid Baus a total of $91891. The 15-member retirement commission includes six trustees representing state employees, six representing state management, the two professional actuaries, Poulin and Baus, and a neutral trustee, its chairman.
On The Job - Actuarial Associate Meagan explains her role as an Actuarial Associate at Co-operators as well as the many opportunities and BETTER career path choices employees have when working at The Co-operators
The Actuary Song: Exam 6 (BS) This is a parody of KC and JoJo's All My Life. All my life, I've been waiting for an adjustment to be made to average case per open claim. And I thank God, that Berquist-Sherman wrote that paper. Enjoy actuaries. This literally was made the day before my exam.
Overview of the Actuarial Profession Dr Geraldine Kaye of GAAPS Actuarial gives an overview of the actuarial profession which is always in a state of evolving change. She looks at the different actuarial sectors, the growth of accountancy firms, salary levels and the actuarial lifestyle. Register now for actuarial jobs at Part 2 of "Overview of the Actuarial Profession" lecture at Heriot-Watt Dr Geraldine Kaye was formally a senior research fellow at City University Actuarial Department (now part of the Cass Business School). She was also an honorary research fellow at Gresham College and previously had held senior positions in the financial services industry. She is now managing director of GAAPS Actuarial Recruitment.
Chief Medicare Actuary Foster Gets Myers Award Richard S. Foster, the chief actuary of the Centers for Medicare & Medicaid Services (CMS), was awarded the 2006 Robert J. Myers Award for Public Service on May 16, 2006 by the American Academy of Actuaries. Foster was given the award in recognition of his extraordinary contributions to the public good, outstanding commitment to professionalism, the inspiration he has provided to practicing actuaries, and for the respect he commands both within and outside of the actuarial profession.
Actuarial studies at Macquarie University www.mq.edu.au Why we employ fortune tellers Associate Professor John Shepherd teaches in both actuarial and finance programs; so much of his time is devoted to using mathematics to better understand what might happen in the financial future, and then making informed decisions today in light of that.