quantitative skills and a desire for a career in the insurance
industry as an actuary Highlights Passed FM (Financial
Not exact matches
He brings over 20 years of experience in the pension and institutional investment
industry, including previous roles
as an
Actuary and Investment Consultant at a large multi-national consulting organization and
as a Senior Investment Analyst at an alternative asset management firm.
From my prior experience
as an
actuary, and the time that I spent on the asset - liability committee of a small bank, I know that the banking
industry is far behind the life insurance
industry on risk control.
I am an
actuary as well
as a value investor, and have been a buy - side analyst in a hedge fund where I focused on the insurance
industry.
In the life insurance
industry,
actuaries have worked together with regulators to put together a fair system that is hard to game, and
as such, few life and P&C insurance companies went under during the financial crisis.
The folly of this exercise is a mirror image of our
industry's reliance on the splendid 1982 — 2000 experience to shape our return expectations,
as far too many investors,
actuaries, consultants and accountants actually did in 2000.
People in high school who were exceptionally gifted in math may now work
as actuaries in the Oregon car insurance
industry.
Industry experts such
as the American Society of
Actuaries point out that depending on the level of coverages being compared, a Whole Life monthly premium could actually run
as much
as five to ten times more than the same amount of Term Life Insurance coverage.
Besides being mostly employed by insurance companies, many
industry insiders believe that
actuaries will make way into the medical
industry in the future
as well.