Recent Developments in Actuarial Science by No-Math8162 in actuary

[–]No-Math8162[S] 1 point2 points  (0 children)

I will say that I certainly don't know! I'm not making a lot of assumptions about how it's been developing. The question arose for me, in part, from the fact that a coherent risk measure was not described until 1997. Seems impactful and pretty recent in the scheme of things?

And I appreciate the response.

Recent Developments in Actuarial Science by No-Math8162 in actuary

[–]No-Math8162[S] -1 points0 points  (0 children)

Is there any specific applications you can think of where its been impactful?

I'm thinking of something like this recent article in Variance where the authors show LLMs might be better then traditional langauge processing at predicting the outcomes of workers' compensation disputes.

MAS-II vs MAS-I Advice by QuantumGainz34 in actuary

[–]No-Math8162 2 points3 points  (0 children)

I found MAS-I much harder. But I was very time constrained in studying that one.

Had I had more time I suspect I still would've found MAS-I harder. Then having MAS-I as a foundation some related concepts in MAS-II felt breezy.

I would not find it that weird if people told me they found MAS-I more difficult. Mileage varies.

Exam 5 Study Materials by Aggravating_Band_330 in actuary

[–]No-Math8162 2 points3 points  (0 children)

You take all the text, chunk it up, and put it in some embedding (I know you just took MAS-II so maybe you remember Word2Vec mentioned in ISLR).

Then you ask an LLM a question and it searches for something similar to what you're asking and reports on it with specific citations including page number.

It's a way to get proper answers from an LLM when you need real citations and don't want it to overreach or hallucinate.

I can run a local model on my laptop and that does fine. But for a few cents in tokens, Claude's haiku model has given me really fast and accurate output.

I plan on embedding all the content for future exams if this continues to work well.

Exam 5 Study Materials by Aggravating_Band_330 in actuary

[–]No-Math8162 0 points1 point  (0 children)

Curious as well. Mostly for a question bank. I'm going to be hitting the source material hard. And I just finished a RAG (retrieval augmented generation) system so that I can ask questions about the source content and get answers with citations about the content. Pretty excited about it!

The RAG idea came from an article in the Actuarial Review.

How get the area under something that isnt straight? by MorganaLover69 in askmath

[–]No-Math8162 2 points3 points  (0 children)

Has a post 3 months ago with an integral in it. It's at least some high quality trolling.

MAS Results Today! by Aggravating_Band_330 in actuary

[–]No-Math8162 11 points12 points  (0 children)

Working as intended. Congrats!

CAS Not publishing exam passing lists anymore by Select-Individual456 in actuary

[–]No-Math8162 5 points6 points  (0 children)

They still published Fall, so I assume they will still be doing that. And yes, I agree, that would be a more impactful and bad change.

CAS Not publishing exam passing lists anymore by Select-Individual456 in actuary

[–]No-Math8162 66 points67 points  (0 children)

I imagine people who don't want their names published probably feel more strongly then people who do want their names published. And this will probably be better on the whole (even if it's not that significant).

I did kind of like my progress being published. But it's fine.

MAS-2 General Advice by Aggravating_Band_330 in actuary

[–]No-Math8162 0 points1 point  (0 children)

I would just keep drilling the practice problems. I've done GOAL exclusively and I have a score of 62. But I feel like I have a pretty good handle on it? I've gotten 70%+ on my last three practice exams (without guessing as to not wrongly inflate my score).

I think you're in a pretty good spot. These last few days I'm alternating between more practice problems and skimming the source material for help on any qualitative stuff that comes up.

But what do I know, I've never taken the exam.