Chat?
- Locked due to inactivity on Aug 4, '16 4:16pm
Thread Topic: Chat?
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manders Novice@ leah lol thanx XD, and i love writting love poems , with some life and pain poems ..i also love writting storys and doing soaps XD
@ vik..i wake up at 5 in the morning.. -
u wake up at 5 i go to bed at 5 lol
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I hate mornings too, Vik.
I had to be up by seven. But it was only once a week, thank goodness! Are you going to ask me a question, Vik? :) -
manders Novicelol well i just started school and i need time to wake up , drink coffee, eat, brush teeth , brush n straighten hair , and do make up , and get dressed XD
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Wow Ari, you're quite accomplished. Do you aspire to be a musician as a career?
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NOPE AN ACTUARY IM A FAST LEARNER
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Same here Manders.
Who are your favorite poets? -
Lol ari i also go to bed at 5 :D
@leah your favorite musicians?(thats all comes to my mind) -
This is a really stupid question, but what's an actuary?
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manders Novicelisten to this everyone
lying is the most fun a girl- panic at the disco! (love this song) -
GRAB MY BEARD
*FLIES OFF* ADVENTUREEE~ -
manders Novice@ leah, edgar allen poe, mark twain, edgar a geust and more ...i also like rumi but that's not a poet XD
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Actuaries are essential employees because they determine future risk, make price decisions, and formulate investment strategies. Some actuaries also design insurance, financial, and pension plans and ensure that these plans are maintained on a sound financial basis. Most actuaries specialize in life and health or property and casualty insurance; others work primarily in finance or employee benefits. Some use a broad knowledge of business and mathematics in investment, risk classification, or pension planning. Regardless of specialty, actuaries assemble and analyze data to estimate probabilities of an event taking place, such as death, sickness, injury, disability, or property loss. They also address financial questions, including those involving the level of pension contributions required to produce a certain retirement income level or how a company should invest resources to maximize return on investment in light of potential risk. Moreover, actuaries may help determine company policy and sometimes explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public in general. They may testify before public agencies on proposed legislation affecting their businesses or explain changes in contract provisions to customers. They also may help companies develop plans to enter new lines of business or new geographic markets with existing lines of business by forecasting demand in competitive settings.
Most actuaries are employed in the insurance industry, in which they estimate the amount a company will pay in claims. For example, property/casualty actuaries calculate the expected amount of claims resulting from automobile accidents, which varies depending on the insured person’s age, sex, driving history, type of car, and other factors. Actuaries ensure that the price, or premium, charged for such insurance will enable the company to cover claims and other expenses. This premium must be profitable and yet competitive with other insurance companies. Actuaries employed in other industries perform several different functions. The small but growing group of actuaries in the financial services industry, for example, manages credit and helps price corporate security offerings. Because banks now offer their customers investment products such as annuities and asset management services, actuaries increasingly help financial institutions manage the substantial risks associated with these products. Actuaries employed as pension actuaries enrolled under the provisions of the Employee Retirement Income Security Act (ERISA) of 1974 evaluate pension plans covered by that act and report on their financial soundness to plan members, sponsors, and Federal regulators. Actuaries working in government help manage social programs such as Social Security and Medicare. In addition to salaried actuaries, numerous consulting actuaries provide advice to clients on a contract basis. Their clients include insurance companies, corporations, health maintenance organizations, healthcare providers, government agencies, and attorneys. The duties of most consulting actuaries are similar to those of other actuaries. For example, some design pension plans through calculating the future value of current deductions from earnings and by determining the amount of employer contributions. Others provide advice to healthcare plans or financial services firms. Consultants sometimes testify in court regarding the value of potential lifetime earnings of a person who is disabled or killed in an accident, the current value of future pension benefits in divorce cases, or other complex calculations. Many consulting actuaries work in reinsurance, in which one insurance company arranges to share a large prospective liability policy with another insurance company in exchange for a percentage of the premium.
pretty much working with dead people -
OR I WANNA BE A PUBLIC ADJUSTER:)
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@ari you forgot to turn on caps ;{D
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