What would you like to do with your life? What career would allow you to fulfill your dreams of success? If you like mathematics—and the prospect of a highly mobile, international profession—consider becoming an actuary. Szabo's Actuaries' Survival Guide, Second Edition explains what actuaries are, what they do, and where they do it. It describes exciting combinations of ideas, techniques, and skills involved in the day-to-day work of actuaries. This second edition has been updated to reflect the rise of social networking and the internet, the progress toward a global knowledge-based economy, and the global expansion of the actuarial field that has occurred since the first edition. - Includes details on the new structures of the Society of Actuaries' (SOA) and Casualty Actuarial Society (CAS) examinations, as well as sample questions and answers - Presents an overview of career options, includes profiles of companies & agencies that employ actuaries. - Provides a link between theory and practice and helps readers understand the blend of qualitative and quantitative skills and knowledge required to succeed in actuarial exams - Includes insights provided by over 50 actuaries and actuarial students about the actuarial profession - Author Fred Szabo has directed the Actuarial Co-op Program at Concordia for over fifteen years
Lays out specific tools and strategies that enable actuaries and other technical professionals to add greater value to their organizations by being more influential in the way they communicate, influence and relate to others. --from publisher description
These are troubled times. Our present political, socio-economic and financial systems are failing us. This wide-ranging, non-technical paper examines why, and examines the present role and efficacy of the Actuarial Profession against this backdrop. --from publisher description.
A Hands-On Approach to Understanding and Using Actuarial ModelsComputational Actuarial Science with R provides an introduction to the computational aspects of actuarial science. Using simple R code, the book helps you understand the algorithms involved in actuarial computations. It also covers more advanced topics, such as parallel computing and C/
He lied to her face and now she's in danger. Two men love Emma but hate each other. One has power. The other wants it. One night of passion left Emma back where she started and she should have known better. She allowed her emotions to strip away her hard-won mask of independence and let the handsome Russian back under her skin. He can't be trusted. He's lied to her before. And then there's Dolan, the Irishman who makes promises he can't keep. As another mystery reaches out its tainted fingers and drags Emma into the intrigue, only Anton's generous gift could help her keep her head above water. That is, until she stares at a knife blade aimed at her face and makes the choice to save a stranger. Download The Actuary's Wife today and fantasize about this series' intelligent heroes. This English mystery is guaranteed to spin out of control.
A new textbook offering a comprehensive introduction to models and techniques for the emerging field of actuarial Finance Drs. Boudreault and Renaud answer the need for a clear, application-oriented guide to the growing field of actuarial finance with this volume, which focuses on the mathematical models and techniques used in actuarial finance for the pricing and hedging of actuarial liabilities exposed to financial markets and other contingencies. With roots in modern financial mathematics, actuarial finance presents unique challenges due to the long-term nature of insurance liabilities, the presence of mortality or other contingencies and the structure and regulations of the insurance and pension markets. Motivated, designed and written for and by actuaries, this book puts actuarial applications at the forefront in addition to balancing mathematics and finance at an adequate level to actuarial undergraduates. While the classical theory of financial mathematics is discussed, the authors provide a thorough grounding in such crucial topics as recognizing embedded options in actuarial liabilities, adequately quantifying and pricing liabilities, and using derivatives and other assets to manage actuarial and financial risks. Actuarial applications are emphasized and illustrated with about 300 examples and 200 exercises. The book also comprises end-of-chapter point-form summaries to help the reader review the most important concepts. Additional topics and features include: Compares pricing in insurance and financial markets Discusses event-triggered derivatives such as weather, catastrophe and longevity derivatives and how they can be used for risk management; Introduces equity-linked insurance and annuities (EIAs, VAs), relates them to common derivatives and how to manage mortality for these products Introduces pricing and replication in incomplete markets and analyze the impact of market incompleteness on insurance and risk management; Presents immunization techniques alongside Greeks-based hedging; Covers in detail how to delta-gamma/rho/vega hedge a liability and how to rebalance periodically a hedging portfolio. This text will prove itself a firm foundation for undergraduate courses in financial mathematics or economics, actuarial mathematics or derivative markets. It is also highly applicable to current and future actuaries preparing for the exams or actuary professionals looking for a valuable addition to their reference shelf. As of 2019, the book covers significant parts of the Society of Actuaries’ Exams FM, IFM and QFI Core, and the Casualty Actuarial Society’s Exams 2 and 3F. It is assumed the reader has basic skills in calculus (differentiation and integration of functions), probability (at the level of the Society of Actuaries’ Exam P), interest theory (time value of money) and, ideally, a basic understanding of elementary stochastic processes such as random walks.
Based on the syllabus of the actuarial industry course on general insurance pricing — with additional material inspired by the author’s own experience as a practitioner and lecturer — Pricing in General Insurance presents pricing as a formalised process that starts with collecting information about a particular policyholder or risk and ends with a commercially informed rate. The main strength of this approach is that it imposes a reasonably linear narrative on the material and allows the reader to see pricing as a story and go back to the big picture at any time, putting things into context. Written with both the student and the practicing actuary in mind, this pragmatic textbook and professional reference: Complements the standard pricing methods with a description of techniques devised for pricing specific products (e.g., non-proportional reinsurance and property insurance) Discusses methods applied in personal lines when there is a large amount of data and policyholders can be charged depending on many rating factors Addresses related topics such as how to measure uncertainty, incorporate external information, model dependency, and optimize the insurance structure Provides case studies, worked-out examples, exercises inspired by past exam questions, and step-by-step methods for dealing concretely with specific situations Pricing in General Insurance delivers a practical introduction to all aspects of general insurance pricing, covering data preparation, frequency analysis, severity analysis, Monte Carlo simulation for the calculation of aggregate losses, burning cost analysis, and more.
An imposition. An insult. And a dead poet. When the Literary and Historical Society decide to hold their end of year event at Wingate Hall, it's the last thing Emma needs. With her husband missing in action and the weather worsening, she's forced to face the group alone. They arrive with all their airs and prejudice, a rotten cohort determined to feast on the rumours of her former life. But an unexpected blizzard traps them at the Hall, and one of the guests will not survive the night. With no way to summon help, and no one able to leave, it seems the killer is still in the house. Someone disconnected the internet and cut off their remaining communication. Others are keeping damaging secrets. One is burning with fury, another plotting revenge. Three are not who they pretend to be, and one is a stealer of dreams. Emma must find the killer. Because they haven't finished yet. Start reading Murder at The Actuary’s House today. Keywords associated with this novel: Lonely women and men with secrets, long running small town mystery romance series, single mother second chance baby daddy, rural market town English romantic mystery, handsome Slavic main characters, locked room whodunnits, locked room who dun its, locked room who done its, a snowy English winter mystery, a locked room mystery with a female sleuth,
