Showing posts with label communication. Show all posts
Showing posts with label communication. Show all posts

Monday, January 7, 2013

Year two, day one

I don’t know if I walked a full block after stepping out the door this morning before I couldn’t feel my legs anymore. I’m learning for myself that, in reality, any climate that drops below 0 degrees—like, say, this morning’s -5 degrees—should be deemed uninhabitable.

My 7:30 am class requires me to be out by 6:40 to catch the bus to the transit center. If I miss that bus, it’s another 15 minutes walking time to the transit center, and in this weather that’s almost certain death. From the transit center, I catch a bus to campus.

Dr. Benjamin Blau, my corporate finance professor, is a great person to have around at 7:30 am if you want to be awake. He is enthusiastic, energetic, and animated. He jokes about life; talks about making “boatloads” of money; and, like all good professors, doesn’t care which edition of the textbook you use so long as you follow along with his lectures and get the ideas down.

My 10:30 am class with Dr. Robert Heal will likely be my biggest challenge this semester. It’s analysis, and in math terms that means theorems and proofs. In Dr. Heal’s words, it’s our transition from the math we’ve been doing all our lives to the world of advanced math. The course didn’t always exist, and so the bridge wasn’t always there, but he’s confident it’s important. Frankly, it seems like my kind of thing, very interesting stuff, but I do worry about being able to do math in a way with which I am unfamiliar. When I talked to McKay briefly tonight, he offered his helped. He said, “Ah, that’s my world. Well, maybe linear algebra is my world, but I’ve taken about six classes in analysis, so I can help you if you need it.” Dr. Heal seems like a wonderful man and professor so far.

When I walked into my last class at 1:00 pm—algebraic structures with Dr. Jim Cangelosi—I immediately found a name plate ready for me (a big index card folded in half long-ways) and saw that all seated students already had theirs out in front of them. His way of getting to know us quickly?

Jim might be best described after the first day as a dry eccentric, and he’d likely agree with me on that. He’s witty, fun, and easily likable. The sign above the door when we walked in today read something like: “CAUTION: You are now entering a LITERAL communications zone.” For most of the class, he explained how we need to speak literally in this class because we deal with mathematics. As an example, he said, “What if I said, ‘Rachel is one of my best friends’? What’s wrong with that statement?” There was a pause until one of the girls at the front said, “She can’t be one of your best friends because best implies there’s only one.” And that’s the kind of literal he’s talking about.

I was the last person out the door when class ended. I turned around to ask one more question.

ME: Jim! So there's no textbook?

JIM: No. Well there's a textbook, but there isn't a textbook for this class.

He smiled.

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.