JOBS Essays - Insurance, Actuarial Science, Risk, Actuary

JOBS The world we live in is overflowing with choices and chances. Every day, each and every human must make thousands of decisions. Some decisions may be rather simple to make, or not present a high chance for an unfavorable outcome. While one may decide the apple they picked up from the store is not very sweet, the cost lost on the apple is rather minimal and the consumer will most likely be presented with many more opportunities to pick a delicious apple. However, some choices are much more complicated. Decisions such as where to invest ones money, or what physical challenges to endure, present very serious consequences. If the wrong decision is made, one could lose their financial security, or even their life. To minimize the chances of such disasters, humans engage in risk assessment. We calculate the chances of each choice resulting in an unfavorable outcome, rank the choices from lest to most likely to end in disaster and pick the top result. This process is performed countless times throughout ones life, but hardly ever consists of an actual mathematical equation. However, there are some who do quantify risk numerically. Actuaries use the ideas of probability and game theory to objectively assess the risk in a variety of chances. They may calculate the risk of ones house being flooded, or of one falling ill. They may calculate the risk of an investment losing money, or of a plane crashing. Actuaries implement the ideas of applied mathematics for those who cannot do so themselves, and eventually figure the means by which a client can minimize the risks facing them. Yes, actuaries do figure insurance rates, but they also do so much more. As I researched the field of actuarial science, I decided that actuary should be synonymous with mathematical risk manager, for actuaries are responsible for figuring risk, minimizing risk, and minimizing the impacts of disasters that have already occurred. They complete these tasks objectively and with the power of my favorite subject, mathematics. After hours of independently researching the field of Actuarial Science, I contacted Mr. Michael Miller. Mr. Miller is the Director of Insurance Pricing at Catlin Inc., a private insurance company in Atlanta, Georgia. With a Masters of Science in Mathematics and classification as a Fellow of Casualty Actuarial Society, Mr. Miller has thrived in the field of Actuarial Science for twenty years. He has even achieved the position of President of the Casualty Actuarial Society of the Southeast. These credentials drew me towards Mr. Miller, and I was thrilled when he allowed me to interview him. From a simple outline of the career path, to details concerning the traits that allow one to thrive in the field, Mr. Miller provided me, a potential actuary, with the information needed to fully understand the requirements and responsibilities of the field. I first asked Mr. Miller about his typical work day. What tasks did he perform? What responsibilities was he given? As a director, Mr. Miller replied that he oversees the work of actuaries below him to ensure that every worker is on task. He also spends much of his time in meetings, discussing what projects in which the company should pursue involvement. Unfortunately, Mr. Millers management position minimizes his technical work, so I researched the daily tasks of an entry level actuary as well. The daily activities of the typical entry-level actuary can be placed in one the following two categories: technical work or exam preparation. Entry-level actuaries are responsible for much of the technical work that Mr. Miller rarely performs. Mr. Miller listed some of these tasks, including modeling data in Excel, computing data, and creating presentations for data. However, he stated that such tasks were temporary, as many actuaries eventually work their way up to management positions. The means of achieving such status rely on the second category of entry-level actuarial work, exam preparation. To become an actuary, an individual must pass a series of licensing exams. Actuaries must pass a series of seven exams, which test ones knowledge of subjects such as probability, economics, and finance. The process can take from four to eight years, and take up much of a young actuarys time. Typically, a

Guided speech on education example Essays

Guided speech on education example Essays Guided speech on education example Essay Guided speech on education example Essay What if we Had free periods for private studying with the teachers assisting? What If we had More languages available Including sign language Corporealness ,French,German, Greek, Spanish or Russian. Vote for us and well make It come true. I am the molester of education and part of the peoples party, here to tell YOU the reasons why you should vote for us. From yr 7-9 we are to wait patiently in nice straight lines, whether it be hailing or in the scorched sun. Even if the teachers are late, we are to still do the same. Now Im okay with that, really I am okay with it. But when a senior student comes along and gets to enter the class next to us, thats when Im not okay. Were standing here waiting and there Just sitting casually in a comfortable seat. Its isnt fair. From year 7 were entering a new school with, new students and new environment. Its already a big responsibility moving Into high school. : Im pretty sure that well be responsible to be able to sit In class. Wouldnt you agree? After waiting outside from prep to year 6 1 think we would have enough experience Walling In two lines. What we need now Is to e able to sit In class out of the harsh weather and not be sick all the time because of that missing out on important classes. Once every week Just a period would be nice if there was a free studying period for students to go to, with teachers assisting. This would help students who dont do homework at home feels more motivated. Its would be a quiet area Just like the one in the library for vice students, but for students from Yr 7-9. This will not also benefit students but for teachers as well. While students study, teachers can also correct students homework At the same time and have a one on one talk with students explaining what they did wrong and what to Improve on. This can also take a load of work off the teachers back and have a more time to relax Instead of rushing to get the corrections done and have students yelling when there assignments and tests are given back. At school we have already two languages which are Chinese and Italian. Some students like learning these languages but some dont. As the Minster of education I believe we should have more Of a variety to choose from. After searching around on the Internet I have found top 10 languages students want to learn which are listed in the brochure that has been handed down. If students simply dont want to learn a new language we are offering Sign language. Sign language can be useful to have and can be seen as a deferent perspective. Itll be fun and a new way of learning different signs to help communicate with one another. This way you will be still learning a language which you can enjoy, befitting you and your education. In year 7 If students arent sure what language they want to choose, we can help you that Is If you vote for us. We can Help you choose up to four languages and try each one every term to see which one you would like the most to follow up into year 8 everyone of you.

The Ultimate Job Search Guide for Millennials

The Ultimate Job Search Guide for Millennials If you’re a millennial, then you’re probably used to reading all sorts of articles, tweets, etc. telling you all about how millennials roll, especially when it comes to jobs. Millennials are job hoppers. Millennials are casual in the workplace. Millennials are obsessed with social networking. These broad-brush statements try to provide a broader cultural context for the generation, but they aren’t necessarily helpful if you happen to be a millennial, and are looking for career guidance. That’s why we’ve put together this handy guide, walking you through the job hunt from start to finish. Step 1: Figure Out What You WantMaybe you’re just finishing up with school. Maybe you’ve been coasting in an entry-level job for a while, or bouncing around in short-term jobs that don’t really scream â€Å"long term career options.† Whatever the case may be, it’s never too late to figure out what you really want to do with your li fe, and start building toward that goal.â€Å"Do what you love† is an ever-popular piece of advice. It’s also not a hard-and-fast rule. Sure, the concept of getting paid to do something you’d do for free is the ideal for most working people. It’s also not very realistic in a lot of cases. What you love to do may not pay well, or may not be feasible long-term. What’s most important to consider in setting your career goals is what you can do well, and how you can turn that into a career, not just a job. For example, being an accountant may not be the most glamorous career path, but if you’re a math whiz and can see yourself conquering various levels in the field, then it’s a solid choice. (You can still pursue your passion for interpretive dance in your free time, or turn your dog stylist business into a side hustle.) Thinking now about what your short- medium-, and long-range goals is a great first step because it helps you really focu s your time and energy during your job hunt.Step 2: Build Your ResumeOnce you’ve got your next steps figure out (or have at least identified where you want to target your job search), it’s time to start building your applicant package. The foundation of this will always be your resume. Resume trends and fads will always come and go (I’m pretty sure we all thought we’d have video resumes by now), but you can never go wrong with the classic: an organized, efficiently worded one-sheeter that gives a snapshot of what you’ve achieved, and what you’re seeking to do next.You’ve probably created a resume before and have a Word doc kicking around already, so what comes next might be a little painful. Scrap it. Create a brand-spanking-new one- one that doesn’t just reheat an older version of yourself and your career, with cut-and-paste updates. Take the opportunity to really think about every word you’re putting in your resume.Tip s for creating your resume masterpiece:Pick a format.Write a headline or an objective statement.Use strong action words to describe your experience.Outsmart the robots.Don’t forget: You can create a general, foundational resume that has the most up-to-date information about yourself, but it’s also important to customize your resume for each individual job for which you’re applying. You don’t have to create a new resume from scratch for each job opening, but you can customize fields like the headline, some bullet points, and skills to match the job description or the target company.Step 3: Build Your BrandNow more than ever, your brand is a factor in your job search. Your career brand (or your professional story, condensed into an easily pitch-able sentence or two) goes beyond your resume, and now extends to your online presence as well. To build your brand, it’s important to consider what information about you is out there in the public sphere, and how that might be perceived by potential employers. That means taking a close look at all of your social media profiles, making personal accounts private, creating new ones that have a professional shine, and showcasing your work.A personal website is a great way to accomplish this, as is building a robust LinkedIn profile. These avenues are great for giving a recruiter or potential employer more information than you can cram into your resume- showing rather than telling. As with anything in your job hunt, it’s crucial to keep your brand (and any public-facing websites, social media, etc.) friendly, professional, and updated as often as possible.Step 4: Build Your NetworkThis can go hand in hand with the brand-building, because it’s all about forging connections in your professional community. Your network (whether it’s people you know in person or digitally) can be one of your biggest assets in the job search. This doesn’t mean simply collecting names o n LinkedIn like those fishbowls full of business cards you see at restaurants. Meaningful connections are the ones that will benefit you the most, either by what you can learn, or what opportunities may come your way. Interaction is key- whether that’s responding to a blog post, retweeting, or emailing to say â€Å"Hey, I thought you had a really interesting point on X.† And for the professional contacts that you know IRL, keep those bonds alive by having a coffee once in a while to catch up. Even a holiday card once a year can go a long way.Keeping your network fresh is a way to bolster your job search. You never know when someone who knows someone might have the right job opening, or can put in a good word for you. And even if you don’t get a perfect job opportunity handed to you via LinkedIn, you can still learn more about how your industry works, and what it takes to move onward and upward in it.Step 5: Upgrade Your Interview SkillsMillennials sometimes get a bad rap (fair or not) for always having noses buried in devices, texting over calling, and generally being digital-savvy over communication-savvy. This means that strong interview skills are essential. Like the resume, the interview is a part of the job hunt that doesn’t change much over time. The same sets of skills will likely determine your success (or failure) as they did for your parents before you.Interviews can be a minefield for everyone, so it’s important to be prepared.Tips for your interview prep:Have a go-to interview outfit that’s spotless and professional.Work on your handshake, eye contact, and posture.Have your talking points ready to go.Be prepared for all sorts of questions.Ask good questions.The more prep and practicing you do before an interview, the more at ease you’ll feel on the day itself.Step 6: Become a Follow-Up NinjaAfter you’ve had an interview (or two) you just sit back and wait for the email to roll in, right? Nope. Don’t forget the crucial step of following up an interview (of any kind) with a thank you note to everyone who met with you. Prompt, same-day follow-up shows that you have great manners, and are engaged and enthusiastic about the process. Even if you had a terrible interview or didn’t get the job, these thank yous can help you stay on the radar for future opportunities.Tips for writing an ace thank you note:Get contact info at your interview. If you didn’t get business cards or catch someone’s email address, it’s okay to ask the main point person (recruiter, HR manager, hiring manager) for Barbara’s email address so you can thank her for her time.Make it short, but sweet. Include the highlights of your interview (skills you want to emphasize, any interesting discussion you had), but only briefly. They already have your resume.Proofread the heck out of it. This could be your last chance to make an impression before the hiring decision is mad e, so you want to make sure there aren’t any glaring typos or name mistakes in your note.Send it the same day. If the idea of sending your note from the lobby right after your interview sounds like a bit much, do it after you get home. But timeliness is the key, and that way it’s off your mind.Step 7: Be PatientIn everyday life we get so much instant feedback that we often get frustrated when some things lag- like job offers or news about next steps. When looking for your next job, don’t get frustrated too quickly. You’re playing the long game here. And if you’ve done the best you can in setting yourself up for the job opportunity, things will come together for you.

Juvenile Justice Authority Essay Example | Topics and Well Written Essays - 1250 words

Juvenile Justice Authority - Essay Example They have their own courts and their own rehabilitation centres (Fisher 2000). Gies (2001) notes that, the juvenile courts work according to the premise that the children are different from the adults in terms of responsibilities and rehabilitation. Treatment and successful reintegration of the youths in to the society are the main aim of the juvenile justice authority. Under federal law, all children between the age of ten and eighteen are considered as juvenile. Though, each state determine who is to taken to the juvenile court. Cases can be transferred from criminal courts to juvenile court, depending on the offence committed. When a child is tried in a criminal court he or she is still considered a child, and he may be treated as a youth offender. This makes the process a closed hearing unlike an adult who will be given a public hearing. All the states, do allow children to be tried as adults in a criminal court depending with the crime committed, Some states exclude serious, committed crime from juvenile courts regardless of the childs age. The prosecutors decide on whether to find a criminal offence in a criminal court or taken to the juvenile system. On the other hand, the juvenile court may order the child to criminal court. In the juvenile justice, the juvenile is provided with safeguards, just like the adult criminal. This includes the right to trial, the right against self defence and the right to call a witness. In most states the juvenile there are no juries, and they not demand a bail. The juvenile court has been seen by the youth who passed through it as a guardian that models individual characters and the court aimed at providing for the child’s individual interests when making decisions on the crime committed (Ryan 2001). The process by which a chid goes through after a period of confinement has many names like after care services, reintegration services, transitional care and juvenile services. The process of

International business in context Essay Example | Topics and Well Written Essays - 1500 words

International business in context - Essay Example One of the recent such examples is that of the Eyjafjallajokull volcano which erupted in Iceland on 14th April 2010, leading to a huge loss of lives and property and a heavy strain on the economic forces of the nation. Due to the volcanic ash cloud, the air travel came to a complete halt leading to several passengers being stranded on airports, affecting several businesses in the process. The manner in which the industries affected by it reacted such as the hospitality industry, the airline sector, as well as various other tertiary sectors such as internet cafes etc reacted to such an emergency is discussed in the paper. The accounts of the tragedy as narrated by Dr. Nigel, of the Oxford Brookes University, is used as a part of this study, to discuss, analyze and understand the impact and consequences of natural disasters on the external factors of organizations; their competitive strategies; the types of organizations affected and the manner in which they reacted; and the element of ethics with regard to the whole scenario, is discussed in the following sections. Impact on the external environment: When the volcano erupted, several industries were severely affected of which the airline industry and the hospitality industry were the hardest hit. ... Consequently, most of the economic activity moved from one sector to another - such as the road and rail transport industries recorded higher bookings while air travel suffered. Furthermore, several other sectors such as travel and tourism, lodgings and boarding etc suffered huge losses, as travellers were unable to reach their destinations. The hotel and hospitality industry, also, benefitted largely, on account of such a calamity, and raised their prices owing to the huge demand for accommodations. There was a significant level of competition amongst various sectors, such as within the hospitality industry. Various hotels had increased their prices while several others offered accommodations at more or less the same prices. Similarly a fierce competition was observed within the airlines and road travel sector. Each of these sectors within different industries were trying to benefit from the losses or setbacks suffered by the other for a greater share in profit. Several passengers w ere unable to leave the island, while several others were unable to arrive. Thus, the hospitality industry was likely to suffer huge losses, as a result of mass cancellations. The industry thus tried to set off its losses by increasing its tariffs and capitalize on the current situation, rather than facing huge losses. Competitive environment: Marketers usually face two types of competition, namely: direct and indirect. The direct competition is faced with respect to similar goods and services such as competition amongst two hotels or two airline companies. The second type of competition, i.e. indirect competition occurs when a good or service can be easily substituted or replaced by the consumer, but has more or less the similar values with respect

Mirror for Man: Actions and Thoughts Follow Culture :: Mirror for Man Essays

In a world where everyone has experienced "the same poignant life experiences, such as birth, helplessness, illness, old age, and death," it is incredible to think of the number of ways that peoples can go through these events in life. It is most common that their attitudes and responses are influenced by their environment and society. As Clyde Kluckhohn had explained in "Mirror for Man", the best explanation for any human action is the "concept of culture." One cannot clearly define this idea, but through the comparison of two different groups of people hopefully one can better understand the meaning of culture. By comparing Vietnam and the United States, two very contrasting nations, one can see the force behind the concept of culture in shaping people's lives. In terms of education, the similarities between the two countries are few. Both aim at improving their people's lives, and yet the method in which this is achieved differs greatly. Vietnam, a small country with a large population, has to make do with the lack of technology. It stresses hard work rather than the use of machines. Children are encouraged to do math mentally rather than depend on calculators. As a result, the Vietnamese people do not consider it a sacrifice that they should lead a hard life. Also, their education emphasizes morality rather than independent thinking. Therefore, most Vietnamese children would never think of leaving their families before marriage, unlike the Americans, who would leave for college right after high school or move out of their parents' house to live with friends. The Americans would also prefer to make their lives as easy as possible, which means that rather than adding mentally, they would turn to an adding machine or a computer. Their two wa ys of thinking differ as a result of different education methods. One can also see how culture causes people to be different in their dress styles. In Vietnam, it is acceptable to wear clothes similar to pyjamas out in the street. Yet in America, one cannot do this. One has to dress properly, which means that pyjamas is worn at night and to bed only. However, it is incomprehensible to the Vietnamese why the Americans have to dress so well to go to sleep, why they have to wear nightgowns or pyjamas with fancy designs. They do not understand why it is important to put on a robe when one eats breakfast.

People Attend College for Many Different Reasons Essay

Although people attend college or school for many different reasons, one of the most common reason for people to attend a college is for a career preparation. Although we have new experiences and also gain knowledge by attending a college or university, those are not the primary reasons for people attending a college because we can also get new experiences wherever new we go and whatever new we do. We will surely have new experiences if we attend a college but we do not attend a college for new experiences. Second, we do not just attend a college only for increased knowledge. If increasing the knowledge is the only motivation for the person, then we have many other sources like textbooks, journals, internet and many other sources which can help us to gain knowledge. We need not attend a college if gaining knowledge is the only reason. However, we gain knowledge if we attend a college but gaining knowledge is not the only impetus to attend a college or university. For example, if a university offers a very splendid environment and it can impart knowledge to the students better than any other university but if it does not offer any degree and does not show any job opportunities, I am pretty sure that few people will prefer to join it. Similarly, if a university is not so good at infrastructure and research work but if it still able to provide a better placement and career growth, it is no surprise that many people will be ready to join that university compared to the latter. So, from the reasons and examples stated above I think there are many factors that influences a person to join a college or university, career preparation is the most important of all.