I'm NOT Going to be a Pricing Actuary Anymore | Actuarial Journey 2023

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  • Опубліковано 28 лип 2024
  • I'm going to be a different type of actuary
    For the last 5.5 years I've worked as a personal lines pricing actuary in P&C insurance. Prior to that, I worked in data analytics. In this video I'll discuss the benefits of the different types of actuarial roles and announce the role that I will be taking when I return to work in July 2023

КОМЕНТАРІ • 31

  • @debaser7514
    @debaser7514 10 місяців тому

    Bang. Good for you.

  • @Soren_Kierkegaard
    @Soren_Kierkegaard Рік тому +4

    All the best with the IBNR calculations 😅

  • @alexanderevelyn983
    @alexanderevelyn983 Рік тому

    Will forever love your transparency of your journey. Did you say you hate change? It was unclear ha! Good luck to you going into this new area. As someone in Capital Modelling in commercial/Lloyd's business, it's interesting to see other applications of the actuarial profession in practice. Reserving is not a passion of mine, but I am aware that there is currently a working party in the IFoA for Machine Learning in Reserving and maybe there are insights there into how you could marry your Python with this new field? Particularly due to the lack of homogeneous data (and possibly spurious also) as you mentioned (never a fun problem to have!), it may be curious, for example, to see how ML could potentially identify hidden patterns in the data.
    All in all, looking forward to your continued development and I'm glad you're still posting and hope you are doing well! Best x

  • @ps5467
    @ps5467 Рік тому

    I am sure you will do well :)

  • @aeriii4681
    @aeriii4681 Рік тому

    Interesting! All the best in your career shift! I’m not sure if Specialty lines is different in Canada, but at my company Specialty Auto included Boats, Motorcycles, RV homes, etc.

    • @Actuaryelle
      @Actuaryelle  Рік тому +1

      Interesting! I'll find out in a couple months, I suppose 🤣

  • @hillelhalevi
    @hillelhalevi Рік тому

    Good luck to you. You must work for a big company. As a P&C actuary, I've always worked for small companies and do a little of everything: pricing, reserving, data analysis, earnings curves, product performance reporting. I'm getting tired just thinking about all the things I do.

    • @Actuaryelle
      @Actuaryelle  Рік тому

      🤣 sounds exhausting

    • @hillelhalevi
      @hillelhalevi Рік тому

      @@Actuaryelle I used to like it but I'm not appreciated and that's what makes it tiring.

  • @mockingbird5919
    @mockingbird5919 Рік тому +2

    Oooh, I'm a specialty underwriter for a mid-size U.S.-based P&C company. I'm so curious about what line you'll be on, is it going to be just one or just "specialty" in general?
    From my very limited experience, the reserve actuaries' are extremely important for my line due to actual pricing being determined by the underwriter which really differs from person to person/situation to situation. Should be a fun role and looking forward to possibly hearing more about it from you!

    • @Actuaryelle
      @Actuaryelle  Рік тому +2

      I have no idea. I would assume I'd work on various specialty lines but I really don't know. I'll set up a call with my manager closer to July and ask questions but for now I'll just live in ignorance 🤣

    • @mockingbird5919
      @mockingbird5919 Рік тому +1

      @@Actuaryelle Love the tension - keep things exciting! Please keep us loyal fans updated - p.s. if you truly want to mark your spot as the best actuarial influencer make sure to hit a music festival and vlog about it

  • @briannawilliams5299
    @briannawilliams5299 Рік тому

    I am on the path to becoming an actuary 😊 What do you think about a starting role as an employee benefits analyst at an insurance brokerage?

    • @Actuaryelle
      @Actuaryelle  Рік тому

      I think that would give lovely relevant work experience

  • @SergoArakelyan13
    @SergoArakelyan13 Рік тому

    hello, I want to study as an actuary, I'm 34 years old, do you think it's not too late? and English is my second language. I have two bachelors in law and metallurgy. Is it possible to find a job after graduation?

  • @random9928
    @random9928 Рік тому

    cool, the reason I am working hard is to change my life when I want to.

  • @fikilemkhize5776
    @fikilemkhize5776 Рік тому

    can you work in england as an actuary

  • @arthurb7519
    @arthurb7519 Рік тому

    What color is your wall? Can you answer like in RGB? lol

    • @Actuaryelle
      @Actuaryelle  Рік тому

      No idea. It was like this before I moved in 🤣

  • @Ellellevlog
    @Ellellevlog Рік тому +6

    The upcoming change in your life is going to give me anxiety

    • @Actuaryelle
      @Actuaryelle  Рік тому +7

      You are too empathetic to my life's stresses. We are too similar, I suppose

    • @Soren_Kierkegaard
      @Soren_Kierkegaard Рік тому +1

      Funny

    • @jehadali5764
      @jehadali5764 Рік тому +2

      Well, don't worry too much, the changes are not contagious! But if they are, @@Actuaryelle, make sure to wear a hazmat suit around her.

    • @Goku-wr5te
      @Goku-wr5te Рік тому +3

      I don't know why...but I like her humor 😂.

  • @hillelhalevi
    @hillelhalevi Рік тому

    Ldfs!

  • @Soren_Kierkegaard
    @Soren_Kierkegaard Рік тому

    Maybe get a professional mick

    • @Actuaryelle
      @Actuaryelle  Рік тому +2

      The audio was so bad on this video 🤣🤣 I had to use the audio correction tool to try to fix it and it sounds so tinny 🤣🤣