Bruin Actuarial Society First General Meeting Let s get started.

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1 Bruin Actuarial Society First General Meeting Let s get started.

2 Table of Contents Meet the Officers Fall, Winter, & Spring Quarter Events Resume Book F.A.M. Major & Exam Changes Updates to our Website & Handbook Mailing List & Paid Membership Code of Conduct

3 Meet the Officers Shameless, we know.

4 Hello, My Name Is Dan Sui BPLATE HATER President Fourth-year FAM major Santa Clara, CA Geology Minor + PIC Interned at Oliver Wyman Hella Dank

5 Hello, My Name Is Greta Xiong ( Zion ) Vice President Interned at Willis Towers Watson San Gabriel, CA Likes Ed Sheeran s music Has been to Spain

6 Hello, My Name Is I m, Cullen Director of Professional Development Irvine, CA Interned at PricewaterhouseCoopers

7 Hello, My Name Is Annie Thornton Director of Finance Sonoma, CA Interned at Liberty Mutual, Seattle

8 Hello, My Name Is Trace It s Beck-ter Bechter Corporate Liaison Pleasant Hill, CA EXPIRED

9 Hello, My Name Is Kevin Zhu Corporate Liaison Fremont, CA

10 Events Feat. Enzo s Pizza

11 Career Fair Firms Info Sessions Fall Quarter Events Mentorship Program Professional Development Workshops Member Socials

12 Monday, October 9th, 2017 from 5:00 PM to 7:30 PM 10th Annual Bruin Actuarial Society Career Fair Ackerman Grand Ballroom All grades (yes, even freshman) highly encouraged to attend Largest college actuarial career fair on the west coast

13 Why attend the BAS Career Fair? By far the most significant BAS event of the year! De facto start of the actuarial recruiting season Learn about all actuarial industries Job and internship opportunities Company culture Work environment Current developments/ trends in specific industries

14 1. Become a paid BAS Member (refer to later slides) 2. Register for the Career Fair and Career How to attend the BAS Career Fair? Fair Prep Workshops by Monday Oct. 2 nd at noon: 3. Attend one of the two Career Fair Prep Workshops (Mon. Oct. 2 nd and Tue. Oct. 3 rd ) 4. Show up to the Career Fair

15 Contains resumes of all participating BAS students Resume Book All firms participating in the BAS Career Fair will have access to the Resume Book Ensures your resume will be seen even if you don t have a chance to talk to a specific firm during the BAS Career Fair

16 How to be included? Resume Book Send your resume to in PDF format with the subject line Resume Book Submission Deadline to be included is 11:59 tonight

17 Monday, October 2nd (in MS 5200) and Tuesday, October 3rd (in MS 4000A) from 6:00 PM to 7:30 PM Career Fair Prep Workshops Only need to go to one workshop, but attendance is MANDATORY to attend the Career Fair Will provide networking tips, dress code requirements, and more information regarding the Career Fair

18 Firms Info Sessions Terrific opportunities to learn more about firms and meet their representatives, especially during recruiting season Week 1 o Thursday, October 5 th : Willis Towers Watson Week 2 o Tuesday, October 10 th : Fidelity Investments o Wednesday, October 11 th : Liberty Mutual Week 3 o Monday, October 16 th : CSAA, a AAA Insurer

19 Week 3: Tuesday, October 17 Freshman/Intl Student Workshop Will help freshman and international students get started on their actuarial journeys Learn more about the actuarial field, resources at UCLA, etc.

20 Week 3: Thursday, October 19 Mentorship Mixer Great opportunity to meet officers and experienced seniors and to get paired with a mentor Having a mentor can help you learn more about the actuarial field, get advice on classes, and meet more people in BAS!

21 Winter Quarter Events 6 th Annual Case Competition Technical Workshops Basic, Interm., & Adv. Excel Microsoft Access/SQL Alumni Talk Recruitment for Future Officers

22 Kickoff: Week 1 Competition goes until Week 2 6 th Annual Case Competition Great way to get hands-on experience Provides good talking points during an interview Members-only access

23 Basic / Intermediate / Advanced Excel IF statements VLOOKUP & INDEX-MATCH Pivot Tables Technical Workshops VBA & Macros Microsoft Access/SQL Database Management Application SQL can used to query Access databases Applications: patients medical data, employees workers compensation claims, etc.

24 Alumni Talk Recruiting advice Alumni Talk & Officer Recruitment Oliver Wyman, Willis Towers Watson, PwC, private actuarial consultants, etc. Officer Recruitment BAS Internship program Come out to as many events as you can if this is something you re thinking about!

25 Spring Quarter Events Internship Essentials Workshop Firms Info Sessions Joint Math Club (UMSA) Social Spring Banquet

26 ~Middle of the quarter For us to thank everyone for an awesome year Spring Banquet Great networking opportunity Good food Members-only access

27 F.A.M. Major & Exam Changes Yes, again

28 No changes! Financial Actuarial Math Pre-Major Math prerequisites: Math 30 Series (31A 33B): Calculus, Linear Algebra, Differential Equations PIC 10A: Introduction to Programming in C++ Economics & Mgmt prerequisites: Econ 1, 2, and 11: Microeconomics and Macroeconomics Mgmt 1A and 1B: Principles of Accounting Minimum overall 2.5 GPA, C or better in each course

29 Upper-Division Courses Theory Courses (Linear Algebra, Analysis, Probability Theory) Financial Actuarial Math Major Actuarial Courses (Financial Math, Financial Economics, Actuarial Models) Taught by current and retired actuaries Electives (Choice of Actuarial, Economics, or Statistics courses) Recommended Course: Math 176 (Speech Communication for Actuarial Students) 2-unit pass/no pass seminar Students in good standing will have the Dinner with an Actuary of their choice

30 CURRENT EXAM/COURSE ALIGNMENT Exam (SOA / CAS) Subject UCLA Courses P / 1 Probability Math 170AB FM / 2 Financial Mathematics Math 175 MFE / 3F Models for Financial Economics Math 174A or Math 174E or Econ 141 or Stats C183 C / 4 MLC (SOA Only) S (CAS Only) Construction of Actuarial Models Models for Life Contingencies Statistics and Probabilistic Models Math 173AB Math 172BC

31 FUTURE EXAM/COURSE ALIGNMENT Exam (SOA / CAS) Subject UCLA Courses Course Transition Date P / 1 Probability Math 170AB No changes FM / 2 Financial Mathematics Math 75 Winter 18 IFM / 3F STAM / 4 (SOA Only) LTAM (SOA Only) Investment and Financial Markets Short-Term Actuarial Mathematics Long-Term Actuarial Mathematics Math 174A or Math 174E or Econ 141 or Stats C183 Spring 18 Math 173AB Winter 18 Math 172BC Winter 18 Modern Actuarial Statistics I and II (CAS Only) Note: These two exams replace SOA/CAS joint preliminary exam C/4 and CAS exam S.

32 VEE Requirements & Summer 18 Changes VEE Economics: Unchanged Econ 1 and Econ 2 VEE Corporate Finance Accounting and Finance Now: Mgmt 120AB & 130A OR Econ 106F & 106V Summer 18: Mgmt 120AB and 130A to fulfill Finance component only VEE Applied Statistics Mathematical Statistics (SOA only) Now: Econ 103 / Stats 100C and Econ 144 / Stats 170 Summer 18: Changes unknown

33 Updates to our Website & Handbook

34 math.ucla.edu/~actuary Our Website New design went live over Spring Break 2017 Modern design and mobile-friendly

35 math.ucla.edu/~actuary Our Website Your resource for info on: Upcoming events Majors & minors Exams & Career paths Etc.

36 Post UCLA-related questions to crowdsource answers Use in case Actuarial Outpost is too intense Our Forum

37 math.ucla.edu/~actuary/handbook.html Our Handbook 5 th Edition published Aug Comprehensive resource for UCLA student actuaries Updates: Table of Contents has clickable links Updated exam and VEE information to reflect 2017 changes Updated all course links to reflect course changes

38 Mailing List & Paid Membership Free spam vs paid spam

39 BAS makes announcements primarily through Announcements typically echoed on Facebook and our website Mailing List If you receive s from BAS, you re on our mailing list Being on the mailing list being a paid member Sign up for the mailing list here: Paid members not already on the mailing list will be automatically added

40 Cost = $40 For the whole year Benefits Paid Membership Career Fair Case Competition Spring Banquet Dinners with an Actuary Free BAS t-shirt (blue) while supplies last New BAS t-shirt (black) available for $5

41 How do I become a member? Two-step process Pay by cash, Venmo, or PayPal Fill out the form for paid members: Pay at the end of this meeting!! Cash Only Come down to the front at the end Or stop by our office hours Cash only Times/Locations will be posted on our website/ ed later this week Or pay online PayPal at math.ucla.edu/~actuary/membership.html

42 Please make sure to Keep your receipt/ confirmation of payment Fill out the Google Form for paid members:

43 Code of Conduct Rules of engagement

44 As a professional organization, BAS requires members to agree to a set of rules Code of Conduct Shortened from the version The form for paid membership will require you to agree to these rules

45 Introduction Code of Conduct As members of Bruin Actuarial Society, all students, alumni and officers are responsible for maintaining the highest ethical standards. Bruin Actuarial Society values integrity, honesty, and fairness and strives to integrate these values into our practices. Purpose Full Text Part 1 of 2 This Code is a shared document among all Bruin Actuarial Society members, and it is our commitment to use the highest ethical and professional standards as the basis of all decisions. We are each accountable for our own actions and are collectively responsible for upholding standards of behavior. Accountability Self-accountability is the cornerstone of ethics. As members of Bruin Actuarial Society and students at University of California, Los Angeles, you are expected to be honest with yourself and answerable for what you say and do. You must look beyond the immediate moment to consider the consequences of your actions.

46 Rules Code of Conduct Full Text Part 2 of 2 1. Your attendance is expected at all events to which you RSVP. If you must cancel an RSVP, you must do so by with at least 24 hours' notice. Violators may be barred from future events. 2. Providing false information on resumes or during interviews is prohibited. Members who display dishonesty will have their membership revoked and will be reported to the Dean of Students. 3. Direct questions and concerns to the Bruin Actuarial Society address. Even if you have officers personal contact information, you should contact Bruin Actuarial Society for all Society-related matters. 4. Interact with firm representatives professionally. For example, do not contact recruiters to ask for referrals or recommendations if they have not personally seen your work ethic and thus have no basis for recommendation.

47 As a professional organization, we have a reputation to uphold Why do we require members to act professionally? What do we want recruiters to think when they see UCLA Financial Actuarial Mathematics on a résumé? Or Member Bruin Actuarial Society?

48 Why do we require members to act professionally? When one BAS member lies on a résumé, it ruins our whole club s image in someone s eyes. Of all the rules, this is the one we enforce most strictly.

49 Any Questions? The End. Line up at the front to pay for membership!

Freshman Workshop. UCLA Bruin Actuarial Society

Freshman Workshop. UCLA Bruin Actuarial Society Freshman Workshop UCLA Bruin Actuarial Society Agenda Introduction to the actuarial career, at UCLA and beyond Preliminary exams Skills employers look for in actuaries Timeline of next 4 (or fewer) years