রবিবার, ১৩ জানুয়ারী, ২০১৩

Database ability in actuarial career - Actuarial Outpost

Quote:

I am working with TPS reports doing mainly database & random weekend assignments with side underwriting and simple actuarial manual calculation.

How useful is what I am doing transcribe to real actuarial work?

I'm going to need more detailed information here.

Do you:

-Write SQL?
-Work with database design architecture?
-Work with SQLServer, OracleDB, MySQL?

etc...If so, that's great! You'll bring a valuable skillset to your next job.

If you're just doing simple things like running prebuilt reports and queries you're probably headed in the right direction but you still have a long ways to go. You'll at least have some exposure to tables and relational databases.

The next step is designing your own queries, learning SQL, and if you want to go deeper you can dive into database administraction and architecture.

I would say that the biggest benefit to learning about databases is gaining a better understanding of the data itself - how it is entered into the database, and how it is manipulated into the views/queries that are received by actuaries. Knowing this will also give you a better understanding of the business as a whole (for example, knowing how underwriters and claims adjusters input raw data might explain why your data looks 'funny', etc.).

Source: http://www.actuarialoutpost.com/actuarial_discussion_forum/showthread.php?t=253985

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