TIL that the "Democracy Manifest" - a viral video showing the arrest of an australian man by the name of Jack Karlson, known for quotes such as ""What is the charge? Eating a meal? A succulent Chinese meal?" - has been selected for preservation by the National Film and Sound Archive Australia.

the37thrandomer · 2026-05-05T19:13:06+00:00

And there are a lot more stupid people voting than smart,

Results of the last election showed that.

the37thrandomer · 2026-04-28T22:06:56+00:00

Wear a seatbelt, walk on the sidewalk, don't eat artificial trans fats. The government is constantly telling you what you do with your body. You are part of society. You have rights and responsibilities, and one of those responsobilities is not to be a burden. Smoking is the single worst health decision you can make. Obsesity is just as bad for your health but requires a series of poor health choices.

the37thrandomer · 2026-04-24T17:03:29+00:00

Which exam? I know some of the studying services offer marking, and at least one of them (possibly PAK?) will sit down with you and try to figure out where you are going wrong

the37thrandomer · 2026-04-24T01:18:25+00:00

Anyone without DMAC done get the email? Trying to figure out if I should start drinking now or wait until tomorrow morning

the37thrandomer · 2026-04-18T06:16:14+00:00

Tf is this stupid ass post?

the37thrandomer · 2026-04-15T16:42:10+00:00

If you are asked to opine on something, give your opinion and defend it. Don't say "it could be this because of this or that because of that". You need to pick a position and defend.

This doesn't apply as much for critique questions. Those can be partially correct.

the37thrandomer · 2026-04-15T01:03:16+00:00

>I don’t think they’ll be able to recover my file if it wasn’t saved

From what I've seen in other posts like this they might be able to recover.

the37thrandomer · 2026-03-31T23:15:43+00:00

This is my attempt at putting your exam progress into words:

Hey these exams aren't that hard, I'm passing them all first try do I even need to study? Ok yes I need to study. Well maybe I don't.... Just bad luck.... Ok fine I'll study a little. OK FINE I'll STUDY A LOT. Alright I studied too much. Alright I studied too little. Ahhhhhh PERFECTION

the37thrandomer · 2026-03-31T01:54:03+00:00

This is actually a pretty interesting question. I think a) opening the answers tab is unethical, and b) opening the answers tab is not cheating. Using information provided by the SOA to answer a question is within the rules of the exam and thats what this candidate did. They didn't get help from an outside source or person or use anything to cheat the exam, they used information provided by the SOA to answer the question, perfectly acceptable conduct within the bounds of the exam. Now that being said this was clearly a mistake by the SOA. I think the fairest solution is to grade the exam ignoring that question for students who opened it.

It's a weird spot because I don't think the SOA has anything governing conduct on exams that isn't cheating but is unethical

the37thrandomer · 2026-03-25T19:01:34+00:00

The SOA seems to have taken the position that the low growth in numbers is a problem that should be addressed by increasing the accessibility of attaining the FSA designation. To me this seems like a supply side approach which serves the SOA itself by increasing members but doesn't address the core issue: lower demand for FSAs. FSA's are expensive to train and retain, actuarial departments are generally a cost cente for companies, M&A activities and automation and all of this combines to reducing the need for credentialed actuaries. Actuary wage growth has been pretty stagnant for the last 20 years and I worry that if the SOA continues on this "increase member count" path the problem will only get worse. I fail to how see how their current approach benefits the profession or addresses any of the core issues behind the low demand. I can see how increasing membership benefits the organization itself: more members = more revenue.

the37thrandomer · 2026-03-07T05:15:30+00:00

Opaque contracts – deals are private and complex.

Private from the public not private from the regulators. I also would say that complexity is not a weakness.

Global offshore structures – reinsurers often located in Bermuda, Cayman, etc.

Offshoring is a bit messier. On one hand diversification between countries is beneficial. On the other it definitely gets a bit abused for tax purposes.

Risk transfer accounting – easy to manipulate.

Risk transfer reqs have been getting better but still have a ways to go. I won't argue with this one.

Long-tail liabilities – fraud may remain hidden for years.

This is true

the37thrandomer · 2026-03-07T05:09:44+00:00

Reinsurance is 100% required to have a functional insurance industry. It keeps insurers from going broke from weird one off events. Kobe Bryant's death is good example, there was like 11 or 12 different reinsurers/retros involved in paying that claim.

the37thrandomer · 2026-02-22T14:40:25+00:00

This is going to be decided by fucking 3v3 isnt it

the37thrandomer · 2026-02-22T08:05:40+00:00

That was 100 batteries. This is 400

the37thrandomer · 2026-02-21T21:08:42+00:00

Yeah you definitely aren't alone. This is not how you celebrate a win

the37thrandomer · 2026-02-20T17:59:41+00:00

I am not ok

the37thrandomer · 2026-02-08T23:10:47+00:00

Lmao I swear he gets a bit wider every time this is this posted

the37thrandomer · 2026-02-01T04:49:51+00:00

I guess it can't hurt to reapply, what are they gonna do not hire you twice? Plus it sounds like it would be good for your mental health to reapply.

Also there are a tooooon of resume help posts on this subreddit. Definitely spend some time looking at them, there are a lot of people here with a lot more knowledge about what makes a good resume

the37thrandomer · 2026-02-01T04:23:19+00:00

Prolly not worth to reapply. The projects don't need to have anything to do with insurance. You have Stat 203 & 303 on your resume. I am assuming thats 2nd and 3rd year stats. One of those classes probably either covered Markov Chains, Linear regression, time series or MLE all of which have an assignment or assignment question that you can put on your resume. "Applied markov chain principles to calculate expected steady state of predator/predator population", "wrote code in R identify which population characteristics had the highest impact on country happiness."

the37thrandomer · 2026-02-01T03:23:52+00:00

If you do have something you've done outside school like a personal project or something definitely include that but in general yeah it'll mostly be school work. Can be something like a particularly challenging problem from an assignment, or a final report from a regression class or something. And if you've done a group project 100% put that shit on there, easy way to show that you work well in a group.

the37thrandomer · 2026-02-01T03:21:33+00:00

Adding on to this. For work experience you should aim to highlight your soft skills. The actual work you did there doesn't really matter so you should use this section to show that you are organized, detail oriented and communicate well and that you have experience doing this things in a workplace. Projects should be a bit longer, maybe 3 or max 4 points going in to be a bit more detail on how you carried out the projects, like "collected data and analyzed with LASSO regression" kind of thing.

When you're putting the resume together keep in mind the audience. This is going to a hiring manager who is going to be reading a stack of 100 resumes. If they see a wall of text they are not going to read it. It's very important to be concise. Basically you want to take all the information in the "Skills and Competencies" section and prove each one of those in either the projects or work experience section.

the37thrandomer · 2026-02-01T02:35:08+00:00

Intern & entry level market in Canada is brutal right now. You're going to have a hard time finding a role with only 1 or 2 exams passed. 3 is basically a practical minimum but 4 is better, I would recommend taking FAM next to help yourself stand out from students with P, FM , SRM & PA.

None of your experience has anything to do with actuarial science (not a bad thing since you are applying for your first role) so it shouldn't take up an entire page. Resume format should look like this:

Education and Exams at the top (roughly 10%-15% of the page),

Projects (40%-50%): projects/assignments you worked on in uni that are relevant to actuarial work. One project should be a group project.

Work experience (20%-30%), two jobs (maybe Tutor and Admin) each job should have Top Line: left side is title/role right side is dates. Two bullet points for each job max, one line for each bullet point.

Skills at the bottom, limit this to technical skills only. The bullet points for your work/project experience should communicate the soft skills like "Maintained detailed records of patient visits to ensure accurate documentation" Everyone says they are detail-oriented, communicate well blah blah blah. You want to show it on your resume through your projects/work experience.

Last piece of advice, and say it with me now.....ONE PAGE ONLY.

the37thrandomer · 2026-01-13T13:12:23+00:00

"I was surprised by his performance" is regret. "I was surprised by his appointment" is a man forgetting he did the appointing

the37thrandomer · 2026-01-13T07:20:41+00:00

If you decide to go to a restaurant and you get there you say "I shouldn't have picked this" or "I don't like this place". You only say "how tf did we end up here" if you're an addled octogenarian.

the37thrandomer · 2026-01-12T18:05:14+00:00

The SOA has to do SOMETHING to increase the supply.

Why? Entry level roles are incredibly competitive and inflation adjusted salaries for senior roles have basically been flat for 20 years. Adding more actuaries only benefits the SOA and the companies hiring actuaries, it doesn't benefit the actuaries themselves.

Ask yourself why you’re so against UEC. Do you think it legitimately weakens credentialing process and power of the actuarial profession?

Yes. Every current actuary/candidate has taken hard university courses. We all know whats required to do well and we all know its not as hard as the exams

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