Posted on 12/29/2021 7:06:27 PM PST by DUMBGRUNT
Salaries for actuaries go into 6 figures. The people who evaluate risks where huge amounts of money are at stake I would expect to be making considerably more than regular insurance actuaries.
https://www.beanactuary.org/why-actuarial-science/salary/
That sounds fun.
Hubbie had an uncle who was dubbed “the punmeister”. He was fun!!
If I were by myself, I would live a lot like the person you describe.
There would never be a scrap of paper around unless I absolutely had to keep it.
I despise paper in so many ways. Paperless is a good dream.
The reason why this is fascinating - or perhaps I'm just a dweeb and it's not fascinating but you're still reading so join the club - is how several people, looking at the same problem, got to the right answer but through similar yet different paths. And yet, this is supposed to be a "science." How can this be?
The answer lies in the Founding of America. Our Founders wished for individuals to be free to pursue their manifest destiny, following clear but limited Constitutional boundaries. Over 200 years later, on a daily basis through an infinite number of choices and decisions, Americans continue to live out that wish. The very fact that several FReepers - allegedly mouth-breathing knuckle draggers per the MSM - took time to solve a risk management problem in various ways, is a testimony to the Founders' desires AND stands as evidence that their wish remains alive.
Oh yes, over that 200+ years Leviathan has encroached increasingly upon that wish. Indeed, we are at the point where SCOTUS will adjudicate in 2022 on the Constitutionality of the executive implementing a law forcing many employers to track their employees shot and testing status, without a legislative vote. Stunning, isn't it?
And yet, the people who think this is a legitimate exercise of force continue to scratch their heads at the opposition. Indeed, in this article a reporter stated breathlessly
And still, more people died from Covid in 2021 than died from Covid in 2020. In 2021, swaths of the country fought mask mandates, opposed vaccination mandates, objected to any measure designed to slow the spread of Covid that they perceived as an impediment on their ability to resume pre-pandemic activities. This insistence on returning to life as normal came at an unfathomable cost — the loss of hundreds of thousands of parents, grandparents, great-grandparents. Aunts and great-aunts, uncles, and great uncles. Cousins. Friends. Coworkers and supervisors. And still, big chunks of the population refused to get vaccinated, refused to wear masks, insisted SARS-2 was a hoax, or was no more threatening than the flu. “It almost is inexplicable,” Anthony Fauci, director of the National Institutes of Allergy and Infectious Diseases, told me when I asked him about this last month.
The reason why these Autnoritarians find this "inexplicable" is because they think there is ONE WAY to "life as normal." And it must be THEIR WAY.
We spent one evening demonstrating that there are many paths to a solution. That Founding spirit IS alive. It cannot be suppressed, even by a legal stroke of the pen.
Thanks for listening. /rant
How ‘bout a bushel and a peck and a hug around the neck?
I was too tired last night to show my work.😁
I'm thinking I would have made a good actuary because I like solving equations and have the patience for working them out. I also realize I forgot a lot of the mathematics I learned back in school. But being an actuary would have forced me to keep my math skills sharp!
My friend’s wife is an actuary and she said its incredibly difficult to get the credentials.
Making puns is a lot of fun. You have to have vocabulary and be up on the news, IMHO.
Forgot the word “day.” Dang I’m getting old.
The ones who really top their fields, are the ones who can present well, speak clearly, and bring complex concepts to a level of understanding that senior management needs.
That is NOT an easy task. I've seen absolutely brilliant math guys and gals crumble when, say, trying to explain the bell curve to a layman. At the same time, one of the smartest guys I ever knew (who had TWO doctorates) beautifully explained a measure of extreme risks by likening it to the height of a dam on the Ganges.
That is what my Federal Income Taxation professor always emphasized. His rule of thumb when calculating a client’s income tax obligation was “Pigs get fat. Hogs get slaughtered.”
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