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Actuarial SocietyTuesday, September 15, 2009
Name Position Email
Julia Lui President [email protected]
Diana DiGuido VP [email protected]
Chris Calingo VP [email protected]
Tristan Aubert Treasurer [email protected]
Yvonne Liao Marketing Director
Adjani Delgado Secretary [email protected]
Hong Zhang Webmaster [email protected]
What is an Actuary?An actuary is someone who manages risk Actuaries are experts in:
Evaluating the likelihood of future eventsDesigning creative ways to reduce the
likelihood of undesirable eventsDecreasing the impact of undesirable events
that do occur
The Actuary at Work
Industries Actuaries Work InPensions & Employee Benefits Life Insurance & Annuities Health Insurance Property & Casualty Other Areas of Finance
Risk managementUnderwriting
Places of EmploymentInsurance companies Consulting firms Government insurance departments Colleges and universities Banks and investment firms Large corporations and public accounting
firms
Why be an Actuary?Top 10 Jobs (US News) Job Almanac Ratings1. Biologist 2. Actuary 3. Financial planner 4. Computer-systems
analyst 5. Accountant 6. Software engineer 7. Meteorologist 8. Paralegal assistant 9. Statistician 10.Astronomer
1st Edition (1988) – 12nd Edition (1992) - 2 3rd Edition (1995) - 1 4th Edition (1999) - 2 5th Edition (2000) - 4 6th Edition (2002) - 2
Why be an Actuary? (con’t)One of the top rated jobs in AmericaHighest out of college salaryYou don’t have to go to graduate schoolSuperior job security through economic
cyclesMerit based careerYou can make use of your math aptitude and
communication skillsEasy actuarial science and finance double
major
Exams1/P Test 2/FM Test3 hours longTests knowledge of
probability
Class: C22.0014/B90.3301: Introduction to the Theory of Probability
3 hoursTests knowledge of
bonds, options, time value of money
Class: C22.0027/B90.2309: Mathematics of Investment
Verification of Educational Experience (VEE)In order to get CAS, CIA, and SOA validation,
one needs to pass exams as well as get VEE VEE covers materials not covered by exams
but deemed necessaryThere are 3 VEE required:
Corporate FinanceEconomicsApplied Statistical Methods
NYU Actuarial Society:Mission Statement
The Actuarial Society expands public expands public awareness about the actuarial science awareness about the actuarial science
profession and major profession and major to potential candidates throughout NYU. The society aims
at networking and creating long lasting creating long lasting relationshipsrelationships with companies and alumni.
The Society informs and prepares the members beyond what the curriculum can do.
Companies Coming In (Fall 09)
Workshops and Socials
Freshman LiaisonActively promote Actuarial Society to
freshmen, working closely with the marking director and secretary
If interested, please send an email to [email protected] and tell us why you would be interested in the position and your qualifications.
Additional ResourcesProfessor Aaron Tenenbein
[email protected] 8-58
Websites: pages.stern.nyu.edu/~actrlsoc/beanactuary.orgsoa.orgcasact.org
Actuarial Society InformationEmail: [email protected]
Website: pages.stern.nyu.edu/~actrlsoc/
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