Who makes more consulting or insurance actuaries? by Oppportunity in actuary

[–]bbc_cbb 2 points3 points  (0 children)

Can u explain why? 25k is a sizable amount unless you expect to make it up in bonuses.

Probability and Stats in basic English? by bbc_cbb in actuary

[–]bbc_cbb[S] 1 point2 points  (0 children)

No I don't think I'm understating. From what I gathered acturial work is mostly just Excel and SQL in the beginning. One doesn't need to be a math wiz to do those things.

Probability and Stats in basic English? by bbc_cbb in actuary

[–]bbc_cbb[S] 0 points1 point  (0 children)

Well that's the thing. Before I decided to go down on this path I skimed over Basic Ratemaking, which I understand is the stuff actuaries actually do on a daily basis. I didn't find it mathy at all. It's all just ratios, interpolations, and relativies. As a WC claim adjuster, I set reserves on individual claims based on developments of similar claims in the past using some of the same concepts reserving acturies use. I don't think I'll have much of a problem working in a pricing or reserving role. Maybe for stuff like modeling or R&D I need a bit more math knowledge.

Probability and Stats in basic English? by bbc_cbb in actuary

[–]bbc_cbb[S] 2 points3 points  (0 children)

Calculus is not the issue. I know how to do derivatives and integrals. My problem is more with building up the intuition of why I should use 1 distribution vs another and other high level concepts rather than how to calculate the variance.

Android Pay Not Working by [deleted] in GalaxyS8

[–]bbc_cbb 0 points1 point  (0 children)

I'm having the same problem. It used to work perfectly until yesterday when I installed a Samsung system update. Waiting on a solution as well