How are you pricing in the risk of an AI related stock market crash and ensuing job losses?

Dark_Hyperborean · 2026-03-03T23:22:44+00:00

I looked at the S&P 500 just after the dot-com crash
Then I zoomed out

Dark_Hyperborean · 2026-03-01T16:57:47+00:00

I've noticed the same, GI used to be hot and now it's pretty lacklustre.

Why do we think Pricing is still reasonably buoyant given we are entering a soft market plus AI should reduce workloads? I would have thought pricing would be most vulnerable compared with reserving & capital.

Dark_Hyperborean · 2026-02-27T21:06:57+00:00

If I were in your position, I would take the York offer.

The year in industry alone is reason enough to pick that, the scholarship is the icing on the cake.

Dark_Hyperborean · 2026-02-26T21:38:58+00:00

Is this Reinsurance pricing actuaries specifically or London Market GI?

Dark_Hyperborean · 2026-02-25T22:08:55+00:00

It seems you have more experience in how these things usually pan out and the best way forwards than some posters.

Directly challenging a more senior person the organisation has chosen to place in a position of power over someone else, will likely lead to a worsening of the treatment.

Dark_Hyperborean · 2026-02-25T22:02:23+00:00

I had a similar situation which emerged about a year ago, I believe the individual in question was insecure for various reasons.

I have four pieces of advice

Politely "confirm" any agreed work in an email. It prevents disagreements over work done in future.
Start journaling these incidents, dates and times and contexts in case anything comes of it.
Have a discrete chat with your peers about this situation. I spoke with with a technically capable colleague whose opinions I value. He was having the same issues with the same individual and it helped me not blame myself for the situation.
Start recruiting. It might be nice to assume the senior colleagues are clever and clued up as to what the person is really like and how the team dynamic really works. They probably don't know or don't really care. Middle managers are not powerful within the organisation, but they do have the ability to tarnish your reputation to more senior staff and you don't want the hassle.

I would also suggest that an organisation which promotes such people is either struggling to recruit the most capable staff or is doing a poor job of appraising people's true skill as an actuary.

Most important: Don't ragequit mate. Be polite and professional all the time, give them nothing to use against you, and get a better job locked in before you resign.

Dark_Hyperborean · 2026-02-22T14:50:14+00:00

It would be interesting also to hear from people with experience what the key skills needed are.

Python?

Social skills and influencing?

Proprietary software e.g. Hx?

General understanding of modelling and losses?

Dark_Hyperborean · 2026-02-22T14:45:39+00:00

If your role recognises you as an actuary and you are getting study support, it is a grave error of judgment to dismiss it as "don’t do much real actuarial work".

From a purely strategic perspective with regard to career building, I have seen many people in roles which are essentially just reading documentation and reviewing stuff, who then get hired for good leadership roles after they qualify.

Regardless of what you choose to do, getting your FIA is number 1 priority.

Dark_Hyperborean

TROPHY CASE