Are You An Actuary?

5 Questions  I  By Maggid
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 Are You An Actuary?
This quiz determines definitely whether you're an actuary or not. After finishing this quiz, some experienced actuaries may find out that they don't qualify. . In this case improve your soft skills at Actuary-Info and do the quiz again. On the other hand some non-actuaries may perhaps conclude that they do qualify as an actuary. Congratulations! Please develop you hard skills by following a professional actuarial study at an university in your country. Either way, don't forget to enjoy the quiz. Fun and professionalism go hand in hand in life. Success! Joshua Maggid

  
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Questions and Answers

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  • 1. 

    Who's the real actuary? 'Sitting Ducks' is a lithograph created by Michael Bedard in the late 1970s. It depicts a literal interpretation of the idiom "sitting duck". Of course we all know that the caricature of an actuary as a sitting ducks sucks. But never the less, can you tell who's the real actuary?
    • A. 

      The one on the left

    • B. 

      The middle one

    • C. 

      The right one


  • 2. 

    Motivate your choice Please explain why you picked the actuary duck you picked in question 1. I chose actuary X because...
    • A. 

      He' s the one most relaxed!

    • B. 

      He makes study of what he 's doing

    • C. 

      He' s the outward looking one

    • D. 

      He 's the one that noticed the bullet holes

    • E. 

      He' s the one looking me in the eye

    • F. 

      He 's the only one decently dressed

    • G. 

      He' s the only one that pays attention to his colleagues

    • H. 

      He 's not distracted by his surroundings


  • 3. 

    What's most important for an actuary? The actuary work field is full of fallacies. Actuaries need a lot of skills and tools to advice their clients. What do you consider as the most important in your actuarial work and why?
    • A. 

      It must be Vision. Without vision there' s no direction and all choices are defendable...

    • B. 

      Definitely Tools. You may have data and vision,but without the right tools you 're lost

    • C. 

      Surely Knowledge. If you lack knowledge you can' t formulate robust models or a vision...

    • D. 

      Clearly Models. If you can 't model it, you can' t explain it either

    • E. 

      Undoubtedly the Data. Without data you 're blind and can' t underpin our advice.

    • F. 

      All of those above and all of the time,as you can not do without one of them


  • 4. 

    Who's the most ethical actuarial student in this cartoon? This cartoon (original source: Bennett) about ethics says it all.  Ethics become more and more important in today’s society. Can you tell who's the student whith the best ethical attitude on this actuarial exam about ethics?
    • A. 

      The guy with the blue shirt, because he doesn't cheat

    • B. 

      The woman. It doesn't mind that she cheats. Woman's ethics are different from man's

    • C. 

      The man in the brown shirt. He can't look over the shoulder of the student in front

    • D. 

      The man on the left. He clearly doesn't cheat and he's the only one writing 'right'.

    • E. 

      The woman, because she cheats openly

    • F. 

      The man on the left. He is trying to get the attention of the invigilator to report the cheating

    • G. 

      The student with the blue shirt, because he looks smart


  • 5. 

    Who would you appoint as actuary? Whether you know the story of Snow White and the seven dwarfs or not, doesn't matter. Your recruitment manager just showed up with seven actuarial applicants. You have to appoint the leading actuary. Which actuarial dwarf do you appoint as an actuary?
    • A. 

      Dopey

    • B. 

      Bashful

    • C. 

      Sneezy

    • D. 

      Sleepy

    • E. 

      Happy

    • F. 

      Grumpy

    • G. 

      Doc


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