What do you do for a living?

[MrKowz]

Q: What do Actuaries use for contraception?

A: Their personalities.


(Sorry Keith!)

LOL! That is a good one!

Thankfully, I have a real outgoing and humorous personality, getting married in less than a year! And I think I am one of the few actuaries that enjoy it. I was a math nerd growing up, placing in the top 20 in the mid-west for a nation-wide math competition in college (The AMATYC Competition).

I can't really answer what a reinsurance analyst is, but I can answer what reinsurance is:

Reinsurance is where an insurance company purchases insurance to cover catastrophic claims or aggegate exposure. For example, Insurance company ABC purchases a reinsurance policy from XYZ that covers losses greater than $2,000,000. If ABC has a claim in excess of $2,000,000, then ABC will pay the whole amount of the claim, but they will be reimbursed for anything over $2,000,000. (Pretty sure I described that right).

 

[Stormseed]

Odd jobs (including Excel) in a public accountancy practice.



But the question was "What do you do for a living?" As you rightly pointed out, posting on MrExcel does not pay highly

It was not about posting - Luke said earlier "Presently - Nothing" - it sounds that he does nothing - the fact is - he is gaining fame and excelling - hereby setting an example of expertise in Excel - through which he would (I reckon) earn a living in the near future ! I tried to be polite and encouraged him though for whaetever he was doing.

Its not only for him - whoever on this board - the hard work & sacrifice for others without being self centered - will always get rewarded

So the quote - "Presently - Doing Nothing" does not make much sense. If you understand what I mean to say, then thanks to you !

And if you do not understand what I mean to say, even then thanks for reading

 

[riaz]

One lunch we had! One! I thought I was the one employed to extrapolate wildly from not enough information...

Statistics are like a lamp-post to a drunken man - more for leaning on than illumination.

 

[Peter_SSs]

Statistics are like a lamp-post to a drunken man - more for leaning on than illumination.

I've known drunken men to use lamp-posts for yet another purpose!

 

[Domski]

What do you do for a living? We all know that you just spend your time on MrExcel.com, so we can just say what do you "pretend" to do?

I spend as little time as possible working as a Senior Management Information Analyst for Leeds City Council's Business Support Centre. You want stats on sickness levels, equality data, staffing data, payroll/financials etc etc then I'm your man. Basically I run reports from SAP and play around with the output in Excel.

The rest of the time I try not to think about what I do for a "living"!!!

Dom

 

[RoryA]

I can't really answer what a reinsurance analyst is, but I can answer what reinsurance is:

Reinsurance is where an insurance company purchases insurance to cover catastrophic claims or aggegate exposure. For example, Insurance company ABC purchases a reinsurance policy from XYZ that covers losses greater than $2,000,000. If ABC has a claim in excess of $2,000,000, then ABC will pay the whole amount of the claim, but they will be reimbursed for anything over $2,000,000. (Pretty sure I described that right).

That's a rough description of one type of reinsurance (excess of loss). Reinsurance is just insurance of insurance companies really.

 

[TinaP]

I am the PC/Applications Specialist in a community bank. Basically, I'm the one the other employees call when something doesn't work. I handle everything from setting up hardware to reporting to programming.

 

[Stormseed]

That's a rough description of one type of reinsurance (excess of loss). Reinsurance is just insurance of insurance companies really

You mean to say, that Insurance Companies, insure themselves so that - incase they go bankrupt - they still have their goodwill and clientele in place ?

thanks for the information, Rory

 

[sous2817]

I'm pretty sure they got rid of re-insurers in the US because using the term "insure" means you can be regulated. I think they are called credit swappers now...Essentially it's the same job, just without all those pesky rules, regulations, and safeguards.

I can't really answer what a reinsurance analyst is, but I can answer what reinsurance is:

Reinsurance is where an insurance company purchases insurance to cover catastrophic claims or aggegate exposure. For example, Insurance company ABC purchases a reinsurance policy from XYZ that covers losses greater than $2,000,000. If ABC has a claim in excess of $2,000,000, then ABC will pay the whole amount of the claim, but they will be reimbursed for anything over $2,000,000. (Pretty sure I described that right).

I work in the clinical research field...I'm basically a middleman between pharmaceutical companies and doctor's offices / hospitals. I just made it sound a lot more exciting than it actually is...

 

[MrKowz]

I'm pretty sure they got rid of re-insurers in the US because using the term "insure" means you can be regulated. I think they are called credit swappers now...Essentially it's the same job, just without all those pesky rules, regulations, and safeguards.

Nope, got the world headquarters for the Reinsurance Group of America (RGA) about two buildings down. Reinsurance is still widely used in the US.