In a posting late Monday on the Hacker News forum, Yahoo's chief information security officer Alex Stamos said hackers managed to breach three of its sports servers that deliver live game-streaming data #Actuary#Insurance#Asia#Jobs#Consulting
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1 1511 hours ago
Day 59/100 of #100daysofmlcode : Going through the math of k-NNs, in particular the definitions of “neighbours”. Both Euclidean and Hamming has its own uses as a measure of distance between 2 data points and is really easy to understand. Also, I believe almost everyone has learnt the math required during middle school to completely understand how this algorithm works. I can kinda see why k-NN is so popular as a ML algorithm. One issue is that it kinda breaks down in higher dimensions as the probability of a point being close to others increases dramatically. Which brings me to my next topic on the list, PCA. 🤔
Actuary. That’s a thing? People are actually actuaries? Yes, it’s a profession. What do they do? What does it require to become one? How much does it pay? All of these are excellent questions! Actuaries analyze the financial costs of risk and uncertainty. They help businesses and clients develop policies that minimize the cost of risk by using math, statistics and financial theory.
The Department of Labor estimates a 22% growth in the next decade, which is faster than average, but this is a very specialized field, with only about 5,300 jobs in a decade. To become an actuary, one only needs a Bachelor’s degree and certification to practice. The median income is $101,560 and a strong background in math, business and statistics, is necessary. When should planning for this start? Not senior year! If a solid math background is necessary, this really starts in elementary school; however, there are multiple ways to build these skills both formally and informally. Exposure to what actuaries do, such as job shadowing or interning, is beneficial and would better prepare students for a career in actuarial science. Possible majors are Statistics, Actuarial Science, Mathematics, Business and other analytical fields. Start planning now! Grab this planning tool to help start today:
One of the most important things you need to do while studying for your actuarial exams is to create a study schedule 🗓 and stick with it. You need to take your entire exam syllabus and divide it but don't forget to leave yourself about 30 days worth of practice exams leading up to your exam day. You can either divide ➗the syllabus by how many pages you will do per week or how many practice questions you will do per day or how many chapters you will do per day but you have to keep in mind that some chapters are longer and denser than others. So not every chapter is created equal. That can become very tedious 😒when you're trying to create your study schedule. I found a helpful tool that I wanted to share with you guys. It's an excel file that neatly divides up the exam syllabus into a study schedule. It creates a daily schedule based on the weight of the chapters. So some chapters will take you several days to tackles while other days you will be able to get through 3 chapters because they're "light". It is such an organized study schedule, it is printer friendly and it keeps me on track. The automatic study schedule maker is available for all 5️⃣ SOA exams; P, FM, MFE, MLC, C. The excel file asks you for several inputs; your start date, your exam day and how much time you want to leave yourself for practice exams (recommended is 30 days). With one click of a button you get a beautiful study schedule. The best part about it is the column of "weight". Because if you see that the next day the weight of the material you will be studying is heavy, you will not slack off 😉studying today and add more to your plate ⚖️ tomorrow. You can save the study schedule to always have on your phone, laptop or iPad and you can also print out a paper copy to check things off as you complete them. You can use this tool for just one upcoming exam, the exams you have left or you can use it to create an exam strategy plan for all 5. If you want the 🆓excel file to start your studying on the right track, email me at [email protected] 📩I'll send it right over! If you have any questions about it, feel free to contact me. I hope it helps staying on track!
23 1694:04 PM Jan 5, 2017
We look back at the life of an actuarial pioneer on the 60th anniversary since Frank Redington was President of Institute of Actuaries