Showing posts with label Salt Lake City. Show all posts
Showing posts with label Salt Lake City. Show all posts

Saturday, November 17, 2012

Out of my way, Exam P!

I PASSED THE FIRST ACTUARIAL EXAM!! Oh my goodness, I cannot tell you what a relief this is.

I made it to the University of Utah in Salt Lake an hour ahead of schedule to give myself time to get lost. No trouble came to me, thankfully.

I tried to feel calm, but of course my blood sizzled with anxiety and anticipation with each passing minute. The proctors let me start my test early, perhaps because they weren’t at full capacity. I placed my belongings in a locker, stepped into the testing room, sat down, and got started.

The first half of the exam felt very familiar and very manageable. In fact, I made really good time until I got to about eight or ten problems remaining. Then, I spent a bit too much time on a few problems and got off schedule, leaving me only ten minutes at the end for the last three questions. Since you have to allow about six minutes per question, this was not a good sign, and I began to panic. But I looked at the problems quickly, went with intuition, and had to end at the three hour mark.

And then this ridiculous and unwelcome screen appeared.

INTERMISSION: Hey, here’s a 15 question survey about your testing experience before we show you your score. Sound good?

ME: No.

I went through that survey like lightning. All I cared about was seeing the word "pass" (or "fail").

It’s hard to describe the anxiety I felt before that final screen showed up. Because the last handful of problems proved challenging, I thought for sure I failed and would be retaking Exam P in January. I clicked “Next.”

“Congratulations!”

I literally put both hands to my mouth and lost my breath. I stared at the screen for 15 seconds and took it in. I couldn’t believe my eyes. I passed! Clear as day, there it was on my computer screen. I passed.

Gaining control, I exited the room, finished checking out, and left the center. Immediately, I phoned Karen.

KAREN: Hello?

ME: I passed!

KAREN: You passed! Oh my goodness, that’s amazing! You passed! Oh honey, I’m so proud of you!

We talked briefly and then I went into the bathroom. I found a stall and immediately said a silent prayer. I felt so grateful that I almost cried. (I can be a pretty emotional person. Ask Karen.)

It’s impossible to explain the feelings Karen and I invested in this exam and what feelings came as a result of my success. Fifteen or sixteen months ago, I told a job interviewer that I wanted to be an actuary and that I figured five to ten years would probably be enough time to see me through to that. Now, about a year later, I am halfway through my second bachelor’s degree—having started it only ten or eleven months ago—and I have passed the first actuarial exam. If ever there was a young family that had an immeasurable heap of blessings to be grateful for, it is us. So much has happened since I was laid off a year ago, and so many great things keep happening. As much as I feared November 17 since a few months ago, it quickly became a day we will never forget.

I spent the entire drive home talking on my phone as I shared the news. Even though I had my iPod for music, I hardly used it. But about two minutes away from home, I decided to listen to one song. I turned on The Avett Brothers’ “The Once and Future Carpenter” and heard this line:

If I live the life I’m given, I won’t be scared to die.

Karen and I knelt at our bedside last night and prayed together. In our own way, we gave the Lord the exam and asked that He do with it whatever He pleased. We committed to be okay with whatever the outcome. But at the same time, we realized that this wasn’t our entire life. It was just one small part. Life is about living and experiencing from day to day, and, as such, putting all our emotions and happiness on this exam would have been pointless and potentially damaging. So it is with many of life’s adventures, I guess. “If I live the life I’m given, I won’t be scared to die.” Or, I won’t be scared to fail on a given day.

Later tonight, at a church meeting (stake conference evening session), I heard the choir sing “Praise to the Lord, the Almighty”, which struck me and made me pause.

Hast thou not seen
How all thou needest hath been
Granted in what he ordaineth?

Praise to the Lord, who doth prosper thy way and defend thee.
Surely his goodness and mercy shall ever attend thee.
Ponder anew
What the Almighty can do . . . .

I know people who have not yet passed Exam P. I don’t know what sets me apart from them, but I do know that, as the brother of Jared said thousands of years ago, “O Lord, . . . thou hast all power, and can do whatsoever thou wilt for the benefit of man” (Ether 3:4). For some reason, this is the right thing for us right now. And we can't be more thrilled.

Monday, March 5, 2012

Yes, being an actuary actually interests me

Shelley, a Utah State graduate of 2008 (or somewhere around there) visited campus today to give a presentation on what actuaries do. She works for Milliman in Salt Lake, so she’s on the consulting side of actuarial life.

She provided a printed version of her slides, which I wrote on. Here are a few of the things that were of interest to me:
  • A lot of what actuaries do is math, but there is a lot more business than she personally expected. Take seriously the business classes associated with your major.
  • A few sites to look into:
  • Shelley got her ASA in four years.
  • In the consulting branch of actuary life, you can expect to work longer hours, but there are great networking opportunities and client interaction. Also, research opportunities are in great abundance.
  • In Utah, you generally have to go to Salt Lake City for actuarial jobs.
  • When going in for an interview, do your homework.
    • What does the company specialize in?
    • Look for biographies of current employees and get to know their people.
  • Don’t be afraid to ask questions during the interview.
    • What is your typical day like?
    • What kind of support do you get in studying for exams?
  • Pay attention in your business classes because you need to know a lot about business.
  • The #1 non-mathematical skill you need is communication.
    • Writing skills are a must (technical writing is best).
    • Know how to create graphs.
  • Know Excel/Access/VBA.
    • She uses Excel every single day. And other programs frequently.
  • Be up-to-date on current events.
    • The landscape changes every day. Know what laws are passed, how to give advice on them, etc.
    • You can go to the state legislation website and see what bills are being discussed.
  • The Future Actuary is a great publication for students who are taking the exams.
  • Contingencies is another great publication, one you can probably get for free online.
  • HealthCareTownHall.com is Milliman’s blog-ish thing on health care. Some of their actuaries write posts on there, so it’s good to check out.
She then went into some details about her company, Milliman, and some of the things they do (like milliman.com/mmi, which is their Milliman Medical Index—pretty cool). Overall, it was a very helpful experience. I think I probably asked ten times as many questions about becoming an actuary than everyone else combined. But she also gave us her card and said we could email her with more questions if we have any.