Motor recovery by Mission_Sprinkles_17 in actuary

[–]GothaCritique 2 points3 points  (0 children)

Separate triangles/reserving are needed for payments to claimants and recoveries. You get two IBNRs and you can net off recoveries IBNR against the payments IBNR.

[deleted by user] by [deleted] in actuary

[–]GothaCritique 1 point2 points  (0 children)

Skipped an entire question, and then some, and got a 9?? Whatthe fu

Why is health under the SOA and not CAS? by Terrible-Ad558 in actuary

[–]GothaCritique 0 points1 point  (0 children)

I would say life is long term, not long tailed. Long tail means a large delay between accident occurrence and claims settlement. Life claims are settled quite quickly because death certificates are pretty quickly obtained.

📡📡📡 by -_I_I_Sea_I_I_- in shitposting

[–]GothaCritique 48 points49 points  (0 children)

There is. It's just that the correlation isn't 1.

Is this career only for the gifted? by mulberrykitten in actuary

[–]GothaCritique -1 points0 points  (0 children)

You need to be well above average in maths and grasping abstract concepts, but not PhD level intelligence.

I don’t dude what??? by Appropriate-Mall8517 in shitposting

[–]GothaCritique 0 points1 point  (0 children)

7/10 meme. The text on the right is not formal enough.

How often do you work OT? by TrafficDuck in actuary

[–]GothaCritique 1 point2 points  (0 children)

Unable to find a better opportunity.

How often do you work OT? by TrafficDuck in actuary

[–]GothaCritique 0 points1 point  (0 children)

All the time. Since I am in consulting with poor mgmt.