First General Meeting

Transcription

1 Actuarial Association First General Meeting UCSB Actuarial Association 3:00 pm HSSB 1174

2 Becoming an Actuary The Profession Consistently rated a top 10 job Goals Actuaries often hold C-level positions (e.g., CFO, CEO) UCSB Actuarial Science CAS University Award SOA Center of Actuarial Excellence #1 Ranking university Incredible faculty Involved Actuarial Association Stability Applicable to any field Regular promotions through passing Actuarial Exams

3 Stephanie Lee President Michael Ieputra Vice President Richard Qian Treasurer Junoesque Hsiao Public Relations

4 UCSB Probability & Statistics Actuarial Program Undergraduate Program Advisor: Sarah Anderson

5 PSTAT Home Page We encourage students to utilize their resources The Department of Statistics and Applied Probability website ( is an excellent tool available for students at any time Learn about our majors, upcoming events, seminars and more!

6 Actuarial Program Home Page Find everything you need to know about our Actuarial Science Major!

7 Check Out Our ListServ! There is a listserv designed for each of the majors offered by the PSTAT Department, as well as one for graduate students. Students will receive a variety of important s straight from the Undergraduate Advisor and other faculty members Gives access to announcements, events, job and internship postings and additional information regarding their major!

8 Actuarial Science B.S.

9 Actuarial Major Changes Wawanesa Insurance Scholarship Third and Fourth years, Juniors and Seniors, min GPA 3.25 Actuarial B.S. and Financial Math and Statistics B.S. Application deadline: November 15, PSTAT 120B and the rest of UD PSTAT courses Must receive C or higher to meet upper-division pre-requisites New PSTAT Classes PSTAT 183 Fundamental Actuarial Concepts (previously PSTAT 194) PSTAT 127 Advanced Statistical Models PSTAT 176 Advanced Mathematical Finance (second year) Schedule posted at

10 Coming Soon California Actuarial Student Summit W17 (aka CASS) January 14, 2017 Students from all over CA Will have major overview of upcoming SOA changes to Exams Meet Actuaries from other campuses Learn from experienced actuaries Learn about SOA exam changes Volunteer to Help!

11 UC Santa Barbara s 5 th Annual Thursday In Corwin Pavilion

12 Actuarial Career Fair Website We highly recommend students within the Actuarial Science major check-out our Annual Career Fair on our website The event is open to; however paid Actuarial Association Members have entry to an all exclusive hour Students get to meet with representatives from major companies involved in the actuary field Great opportunity to apply for summer internships an full-time positions

13 Career Fair Registration Registration is required for students seeking to attend our Annual Career Fair as well as any AA members that want to participate in the Exclusive Actuarial Association Hour. Please visit the website for the appropriate forms.

14 Information for Attendees Event Details When: Thursday, October 13 th, 2016 Location: Corwin Pavilion Dress code: Business Formal (We also suggest bringing a Notebook!) Program 11:00AM 1:00PM Exclusive hour for UCSB Actuarial Association Members 1:30PM 2:30PM Meet the Companies Open to ALL Students Deadlines Registration for the Exclusive Hour are due by Tuesday, October 4 th 2016 at 12:00PM Resume Submissions are also due by Tuesday, October 4 th 2016 at 12:00PM For more information visit:

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16 UCSB Probability & Statistics Actuarial Program Faculty Undergraduate Advisor and Director of Undergraduate Studies: Raya Feldman

17 Brief Overview of CAS Changes CAS VEE REQUIREMENTS Economics Corporate Finance CAS NEW EXAM S (Statistics and Probabilistic Models) is based on PSTAT 160A (Poisson models, intro), 160B or 173 (Compound Poisson, etc.) PSTAT 120BC (Mathematical statistics) PSTAT 126, 127 (regression, linear and GLMs) PSTAT 174 (Time Series) PSTAT 172A (small part on life contingencies) Due to the change in CAS exams, students pursuing CAS track will be able to substitute PSTAT 160B for PSTAT 172B

18 Brief Overview of SOA VEE Changes Current VEE Requirements Economics Corporate Finance Applied Statistics Expected Changes in VEE areas (effective summer 2018) Economics Accounting and Finance Mathematical Statistics Math Stat VEE will require B- or better in PSTAT 120B, possibly 120C Take Econ 3A to prepare for Accounting and Finance VEE Applied Statistics VEE will be replaced by the Applied Statistics Exam, based on time series (174/274), regression (126, 127), and data mining (131/231)

19 Brief Overview of SOA Exam Changes SUMMER 2017 Some of the exam FM material will be moved to MFE allowing us to cover FM in on course PSTAT 171. Some of the stochastic calculus material will be moved from exam MFE to the fellowship exams. SUMMER 2018 Applied Statistics VEE will be replaced by the Mathematical Statistics VEE. Account and Finance VEE will replace Corporate Finance VEE. A new exam and a project in predictive analytics is planned to include regression, time series and some data mining. More information on forthcoming changes is available at our website:

20 Sample Sophomore Resume

21 Sample Senior Resume

22 Find you a job or internship Resume Workshop Mock Interviews Info Sessions Actuarial Career Fair On-campus Interviews Actuarial Association Goals Prepare you for the field Succeeding as a Stats major at School Actuarial Tracks Preparing for Exams Monthly Programming workshops Case Competition Team Bring you into our community Get to know other actuarial students on campus UC Actuarial Association Socials: Zodo s Bowling, Food social with International Student Association

23 Big Events to look forward to Actuarial Career Fair (Fall 2016) UCLA Case Competition Comp (Winter 2017) California Actuarial Student Summit (Winter 2017) Berkeley Case Competition (Spring 2017) Actuary Day (Spring 2017)

24 UC Actuarial Association (UCAA) UCAA is a new student group established in Fall 2016 to create a network connecting actuarial students and alumni from across all UC campuses. The mission of UCAA is to promote student interest in the actuarial career; to encourage the academic, social, and professional development of its members; and to provide interaction through online media and jointly hosted events. Current participating student organizations are: Actuarial Science Association at UC Davis, Actuarial Society of UCI, Bruin Actuarial Society, Cal Actuarial League, UCSB Actuarial Association. ucactuarialassociation@gmail.com

25 Officer Openings Journalist Takes photographs at every event, uploads them to flickr within 2 days of the event, and shares the link Creates quarterly newsletters (The Actuarial Account) Observes meetings and member interaction in order to offer feedback to improve member retention. Attends weekly officer meeting (missing max 1 meeting each quarter), attends every event (missing max 5 per year) Hosts at least one social event Winter Quarter Secretary Updates all pages of the website to reflect current information. Records minutes during officer meetings and posts to club website. Creates a summary of the content presented at every club event and posts to club website and club FB. Works with Public Relations and Journalist to include their material on club website. Checks actuarial websites & blogs (i.e. SOA, CAS) weekly and announces on club website and FB if there are any new articles. Attends weekly officer meeting (missing max 1 meeting each quarter), attends every event (missing max 5 per year) Hosts at least one social event Winter Quarter Applications due next Friday, September 30th

26 Club Apparel $20 Actuarial Association Polo $35 Actuarial Association Quarterzip

27 Membership & Benefits $30 membership fee Must attend 3 events per quarter in order to be considered an active member of the Actuarial Association (sign in on a sheet) Benefits of Active members Exam Reimbursement 2 exclusive hours into Actuarial Career Fair Entry into UCSB s resume booklet Access to study materials and discounts

28 Upcoming Events Scavenger Hunt tomorrow (9/24)- Meet 4:30 pm in front of Storke Tower Resume workshops beginning Monday! You will be ed a location to sign up within 24 hours, if you become a member today!