hey is der any1 whu can give brief idea about the ACET paper ?
Are there any job opportunities for people who have cleared ACET alone?
CT3
Do we need to memorize the derivation of Poisson process(Ch 4) or is the final result enough? Someone who has studied ct3 please answer.
Respected puys,from where i can buy that casio fx85es calculator in mumbai,which is required for stats part,i have just started my journey towards acet december please guide me.my question may b kidish!!!
guys..i have not complete my ACET registration,, i wanna see previous question paper,, where can i get,,
Guys, any idea about the CT 7. Is the study material given by the institute sufficient or should something else be referred. There is a reference to a book "Economics for Business" by John Sloman. Should that be referred. Pls guide regarding the other courses too. thanks
is Casualty Actuarial Society's exam and IAI's exam same? how is certification from UK university different than CAS and IAI? somebody experienced plz share your knowledge @Blu_Dragon
Say if someone clears 2 papers in ct series and lands into an actuarial job.... How much will be his salary package? Please throw some light on this
Which Certification You will prefer along with IAI?
- CAS
- IFOA
0 voters
http://arpansengupta.blogspot.in/2014/09/how-i-got-my-first-actuarial-job-part-1.html
http://arpansengupta.blogspot.in/2014/09/how-i-goit-my-first-actuarial-job-part-2.html
Wait for the third part
Silly question - Are the CT papers of objective type or written type?
ACET is objective, right?
So how hard is this acet exam? do i need to study extemely hard for it
I have completed my b.tech in mechanical engg. this year. I wish to know how difficult will it be for me to find a job after clearing 5-6 papers.
Assume- I perform well in those exams.
I read a lot of posts where people weren't able to find jobs. :nervous!!
thanks in advance
Here's the third and Final part of my blog
http://arpansengupta.blogspot.in/2014/09/how-i-got-my-first-actuarial-job-part-3.html
have completed m.tech, but now thinking of changing my career stream to actuarial science as i really like mathematics...will it b a good decision for me?? i dont have any background in statistics/finance/economics...
kindly suggest...
How
effective is sending your resume to the chief actuary?
It's
probably a lot better than going through HR, but your best bet is to ask a
hiring manager for advice on whom to talk to. Ideally he's say: "Talk to
me." Sometimes he'll direct you to someone else (Sometimes that someone
else is the right person); sometimes he won't be connected to anyone (some
actuaries are solitary folk.)
The
form is simple: Be low key and ALWAYS just ask for advice. Then listen and
learn. Everyone loves giving advice. Everyone who has time. Doesn't cost them
anything; Doesn't force them to commit. At some point you will find yourself
doing what you want for someone who wants you.
Let's say I find a job opening on a job search site and it gives a contact for sending the resume, but it's obviously an HR contact. Here's my question. If I can easily find who the Chief Actuary is at that location, should I send the resume to that actuary or to the HR contact? Definitely to the Chief Actuary. HR is normally populated almost entirely by people who don't know that there's a difference between the actuarial exams and the LOMA exams, by people who had to be hired but needed to be in a place where they'd not do too much damage, and by idiots. Generally, the Chief Actuary will know who in HR isn't an idiot--if he likes your credentials and wants you to talk to HR, he'll ensure that it isn't a total waste of time. However, you could send your resume to both HR and to the Chief Actuary.
Here's another agrument for sending the resume to the chief actuary: The chief actuary specifies a position with requirements A, B and C. You have A and B, but rather than C you have Q. The HR person would discard your resume. The chief actuary might say, "We weren't looking for Q, but that might be a good thing to have."
The only people who recommend sending the resume to HR, is the HR people themselves. Chief Actuary. And avoid HR as if it were The Plague. Do HR interview only after you nearly have the job, as a courtesy. I recommend avoiding companies that require HR involvement and pre-screening. (Except perhaps actuarial consulting companies.) It shows, to me, that the actuarial profession is not taken as seriously companywide than it should be. And for insurance companies, I think it should be taken very seriously. Some companies have in-house actuarial recruiting specialists in the HR. This person is "on our side," but I'd still go to the Chief first. I'm not as down on HR as the rest, but agreed it's the Chief Actuary. Nothing wrong with also sending it to HR - and telling the CA that you did. I have had good HR people to work with at a few companies I interviewed with, but it is not that common. Your story isn't really a great argument for sending the resume to the CA, unless Trev also happend to have a connection to the CA at his target company. Also, if the HR person has actuarial in his/her title (HR liaison for Actuarial Services or Actuarial Recruiter or somesuch thing), then I would be more likely to send it to the HR person (in addition to the CA) So, send it to the Chief. After taking a cursory glance, he or she will know where to forward it to, be it HR, HR's Actuarial contact, or the rest of the department supervisors. There is a much lower probability that the HR person will know where to forward it, if at all. Default A dissenting opinion I don't know.
If the company has its act together, the chief actuary meets with
HR on a regular basis to review staffing requirements. HR should know when
actuaries are to be hired, and have criteria for which resumes should be passed
to the Actuarial department.
If
the company is not all that organized, I would establish a contact first, then
send the resume with prior permission . It is not the Chief Actuary's function
to screen resumes.
I
have had positive interactions with HR at all the places I have worked and they
all had a clue about how to hire actuaries and that our exams were different
from LOMA exams.
Despite
anecdotal evidence to the contrary, I would send my resume to HR. I think it is
a bit rude to just mail your resume to the Chief unannounced.
But
rules change, and I have been accused of being too persnickety and formal about
things.
Shall be appearing for first time for CTs. Are any sort of tables or other material reqd for CT 1, 3 or 7.
what is the eligiblity to become an actuary? In some sites it says you should be a graduate with maths or MBA in finance...In some other HSC with a good aptitude is enough..kindly give some clarity ,you experienced actuaries here.
people who have passed the ACET exam - how difficult is it. Is the material sufficient? where can I get more practice questions for the maths/stats.
any useful tips for the exam would be appreciated.