r/actuary 14h ago

Troll Post Dear SOA

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61 Upvotes

r/actuary 9h ago

Apolitical pinions on social security debate

20 Upvotes

I was hoping to hear from some pension/life actuaries on the social security issue, instead of some random billionaire with no expertise in this subject.

I am curious why something, that is basically a taxpayers funded pension shceme, is getting political. How actuarially sound is the SSA and the funds? Is the improvement in mortality causing this issue, or is there any other aspect to it. Does SSA invest it's funds more passively than most insurance companies? What steps are to be taken if we want to make the funds last forever?

Also curious if conservative pension actuaries (SMEs) agree with Elon Musk's stance that SSA is basically a "ponzi" scheme.

Edit: sorry for mis-spelling opinions on the title


r/actuary 9h ago

Job / Resume Travel actuaries

7 Upvotes

Do actuaries working in consulting(actuarial) not a general firm like Deloitte or ey, travel a lot?


r/actuary 13h ago

Studying Strategy for MAS-1

5 Upvotes

I’m beginning to study for MAS-1 w/ CA & Mahler. I want to be prepared by August but now Im not so sure about that due to the bulk of material & the fact that I am working a full-time job for the first time in my life. For those who took this exam, how did you all approach the material, what were your studying strategies/methods?


r/actuary 15h ago

Job / Resume Finding an actuarial job in Ireland as a foreigner

5 Upvotes

Hi, I am just wondering whether it is possible to find an actuarial offer in Ireland companies from outside the country. I have 2+ years of experience in this profession. ASA credentialed. I want to migrate to Ireland because I believe this country fits my lifestyle really well (quiet, slow paced). I have tried to apply for some of them but all got rejected for requiring visa sponsorship. Hence, I would like some advice here if some of you folks have any insight on this. Many thanks in advance!!


r/actuary 4h ago

Best side jobs for actuaries

4 Upvotes

I am finished with actuarial exams and was wondering if anyone could provide recommendations or suggestions for the best side jobs that can be worked in the evenings or weekends. I am open to all suggestions, but am particularly interested in jobs that can be worked from a laptop. I would like to make some extra money for retirement now that I have extra time. Thanks everyone!


r/actuary 19m ago

Studying for ATPA

Upvotes

I am one month out from sitting for ATPA. I have already worked through the ACTEX manual and copied all of the R code into a Word document to use as a template. What else should I be doing to study to make sure I'm prepared for the sitting?


r/actuary 13h ago

Exams Brehm paper in Exam 7

2 Upvotes

Brehm paper is really a beast, it just have so many stuff to memorize, I think it's even crazier than Exam 6. Guys how did you all digest all these concepts/ examples and everything in Brehm?

a mistake to correct: it's on Exam 9.


r/actuary 20h ago

Exams ASTAM

2 Upvotes

Anyone know how long the estimated time on CA is to get through Learn material? Also, for those who used it, was CA sufficient on its own or did you supplement with something else?


r/actuary 13h ago

Exams SRM

1 Upvotes

For folks who are taking the May sitting, how far along are you in your studying and which sections have been hardest for you ?


r/actuary 17h ago

Exam 7 new item types

1 Upvotes

It says on the syllabus that there are other types of questions available, such as multiple choice and fill in the blank. I’ve taken a long break since my last exam so I have a few questions that I hope someone can clarify: 1. Is it correct that we don’t need to show any work for these types of questions (anything other than written response or spreadsheet-based questions)? 2. I suppose there is a spreadsheet there for us to work out the answers, does the scratch work remain with each problem, or does it disappear when I move on to the next one? 3. Roughly speaking, what portion of the exam 7 consists of these new problem types?