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Pennsylvania Turnpike / I-81

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American Academy of Actuaries Comments on Lawsuit

Actuarial

I’m continuing to refrain from making much comment on the ongoing mess, but I would again be remiss if I didn’t mention that the AAA has released a statement on its website regarding recent events:

As you may have read, on September 1, 2009, Bruce D. Schobel filed a lawsuit against the Academy in the United [...]

Future Education Methods Reminder (and my letter)

Actuarial

Just a reminder – actuaries and actuarial students interested in submitting comments to the SOA/CAS/CIA Future Education Methods proposal (links: [letter to members], [FAQ], my thoughts [1], [2]) have until tomorrow (10 September) to do so.   The response address is fem@actuarialdirectory.org.

My response is below the break, in case you’re interested.  You can find other responses [...]

More on the NYT Article (I’d Cancel My Subscription if I Could)

Actuarial

I’m revising and extending my remarks from my prior post.  In my initial read-through of the New York Times article, I reacted mostly to the retelling of the story behind the story which lead to the Academy suit.

I missed this quote:

Mr. Schobel has put many productive years between himself and his conviction. The matter would [...]

Legal Squabbling In The Academy – More Publicity

Actuarial

A follow-up to the post I made last week on certain events at the top of the American Academy of Actuary…well, the weekend has seen quite a bit of noise made on the Actuarial Outpost (where most of the threads I linked to previously have been deleted due to rancor and the sensitivity of some [...]

Updated FAQ on Future Education Methods Proposal Posted

Actuarial

A couple of weeks ago, I shared my thoughts on the SOA/CAS/CIA proposal to accredit some colleges so that a student who does very well in certain classes could obtain exemption from actuarial exams.

Today, presumably in response to feedback received so far, an updated FAQ on the proposal has been posted on the CAS website.   [...]

Legal Squabbling in the Academy

Actuarial

I’ve had some serious reservations about whether to mention this here, since it feels too much like airing the profession’s dirty laundry.  However, since it is getting press… seen at National Underwriter:

Executive Disputes Ejection By AAA 

Bruce Schobel says he still considers himself to be president-elect of the American Academy of Actuaries and is [...]

Thoughts on the CIA/CAS/SOA Future Education Methods Proposal

Actuarial

On Friday, the Canadian Institute of Actuaries, the Casualty Actuarial Society, and the Society of Actuaries issued a joint letter to members, asking for feedback on a proposal to accredit some colleges and universities.  At accredited universities, doing very well in relevant classes, confirmed by a rigorous final exam, would be deemed equivalent to having [...]

Actuarial Science Among Highest Starting Salaries

Actuarial

Math-geeks and actuaries: Feel the love from CNN:

The top 15 highest-earning college degrees all have one thing in common — math skills. That’s according to a recent survey from the National Association of Colleges and Employers, which tracks college graduates’ job offers. […]

Only three of the 15 top paying degrees were outside the field [...]

“Towers Watson”?

Actuarial

Who says that Sundays can’t be big news days for actuaries?

From a Towers Perrin and Watson Wyatt joint press release:

Towers, Perrin, Forster & Crosby, Inc. and Watson Wyatt Worldwide, Inc. today announced that their respective Boards of Directors have unanimously approved a definitive agreement under which Towers Perrin and Watson Wyatt will combine in a [...]

8 Year Old Math Whiz Wants to be an Actuary

Actuarial

Hat-tip to @meepbopeep for  bringing this BBC article to my attention:

A boy from Hampshire is thought be the youngest person to pass maths A-level with an A grade.

Zohaib Ahmed from Chandler’s Ford sat the A-level exam when he was eight. He was nine when the result came through. […]

His ambition is to work in the [...]