ND Actuarial Club

Notre Dame Actuarial Science Club

Officers

President
Amy Dijoseph
adijosep@nd.edu

Vice President
Patrick Digan
pdigan@nd.edu

Treasurer
Meggan Borchardt
mborchar@nd.edu

Secretary
Liz Casazza
ecasazza@nd.edu

The members of the Actuarial Science Club of Notre Dame, founded in 2004, welcome you to their club's website. Information on upcoming exams, available study materials, and future meetings of the club can all be found on the site. Any questions should be directed to actuary@nd.edu or any of the officers.

"Actuaries are the leading professionals in finding ways to manage risk. It takes a combination of strong analytical skills, business knowledge and understanding of human behavior to design and manage programs that control risk. Their work is intellectually challenging, and they are key players in the management team of the companies that employ them."
-BeAnActuary

News and Events:

Check back for updates

Exams:

In order to be a certified actuary, there are a series of 5 tests that must be passed. It is strongly recommended to start taking the exams while in college (it would be impossible to find an actuarial job after college without passing any exams). The first two exams can be taken in either order, but it is customary for students to take Exam P first. This exam should be taken after completing MATH 30530 (Probability) as this is an excellent preparation course for the exam. It is also recommended to complement the class with a study guide (see section on Study materials below) so that you pick up the details the SOA wants you to get. MATH 30530 is only offered in the FALL, and the exams are offered multiple times throughout the year as seen on the exam schedule. It is advised to take the test in January after completion of MATH 30530 since the material would be the freshest. The test will not get easier if you put it off another year after taking this class.

The second test is Exam FM although it could be taken first if you choose to do so. It is advised to take Exam FM after taking FIN 30600 (Investment Theory). A recent graduate said that the material covered in this class was roughly 80% of the material covered on the exam. Again, a study guide from the Math Office would be highly recommended to make sure all the material on the exam will be covered.

Study Materials:

There are several sufficient study books available for the tests, but the actuary club recommends using the ACTEX study guides. The guides are available through the Math Office (see Patti Strauch, 255 Hurley). The materials can be used for an unlimited period of time as long as nobody else has a need for the materials. After taking the exam, simply return the guide to the Math Office. There are a limited number of materials available, and if you believe there is an updated version of the ACTEX study material please contact a board member about updating the library's guides.

VEE Credits:

Along with taking the exams, it is suggested to attain some VEE (Validation by Educational Experience) credits while in college. Although exams are much more important, it is a good idea to take some of the classes if at all possible. If you do not take the classes while in college, you will have to also take a standardized test to attain your VEE credit; thus getting it done in college is generally much easier. Attaining the VEE credit involves submitting an application and fee after anytime after completion of the necessary courses. Also, you must pass two Exams before you can apply for VEE credit and receive at least a b- in the classes.

Reimbursement:

All current, due-paying members of the actuary club are eligible to receive a full reimbursement for any exam fees (only if you pass) or VEE credit fees. For exam reimbursement, please save a copy of the receipt and printed SOA transcript online (only the official scores, not the preliminary pass results). For VEE credit reimbursement, please save the receipt. In order to be reimbursed, please contact the club treasurer.

Links:

SOA-Society of Actuaries, good source for Exam information
BeAnActuary-Good source for information about what an actuary does

Recruiters:

Allstate

Jennifer Fitzpatrick
2775 Sanders Rd. Suite D6
Northbrook, IL 60062
(847)402-9391
jftizpa1@allstate.com

Aon

Thomas Conlin
200 East Randolph
Chicago, IL 60601
(312)381-4258
tom_conlin@ars.aon.com

Deloitte
Erica Greiss, Campus Recruiting
Deloitte Services LP
111 S Wacker
Chicago, IL 60606
egreiss@deloitte.com
Deloitte
Thuong Le, Recruiting Lead for ND
Deloitte Services LP
111 S Wacker
Chicago, IL 60606
thule@deloitte.com

Fidelity

Brian Peters
One N Lasalle Suite 3300
Chicago, IL 60602
(508)229-5107
brian.peters@fmr.com Towers Perrin

Scott Gavin
71 South Wacker Dr. Suite 2600
Chicago, IL 60606
(312)201-5175
scott.gavin@towersperrin.com

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Last updated 4/17/09
2009 Actuarial Science Club of Notre Dame. All rights reserved

Officers President Amy Dijoseph adijosep@nd.edu Vice President Patrick Digan pdigan@nd.edu Treasurer Meggan Borchardt mborchar@nd.edu Secretary Liz Casazza ecasazza@nd.edu	The members of the Actuarial Science Club of Notre Dame, founded in 2004, welcome you to their club's website. Information on upcoming exams, available study materials, and future meetings of the club can all be found on the site. Any questions should be directed to actuary@nd.edu or any of the officers. "Actuaries are the leading professionals in finding ways to manage risk. It takes a combination of strong analytical skills, business knowledge and understanding of human behavior to design and manage programs that control risk. Their work is intellectually challenging, and they are key players in the management team of the companies that employ them." -BeAnActuary News and Events: Check back for updates Exams: In order to be a certified actuary, there are a series of 5 tests that must be passed. It is strongly recommended to start taking the exams while in college (it would be impossible to find an actuarial job after college without passing any exams). The first two exams can be taken in either order, but it is customary for students to take Exam P first. This exam should be taken after completing MATH 30530 (Probability) as this is an excellent preparation course for the exam. It is also recommended to complement the class with a study guide (see section on Study materials below) so that you pick up the details the SOA wants you to get. MATH 30530 is only offered in the FALL, and the exams are offered multiple times throughout the year as seen on the exam schedule. It is advised to take the test in January after completion of MATH 30530 since the material would be the freshest. The test will not get easier if you put it off another year after taking this class. The second test is Exam FM although it could be taken first if you choose to do so. It is advised to take Exam FM after taking FIN 30600 (Investment Theory). A recent graduate said that the material covered in this class was roughly 80% of the material covered on the exam. Again, a study guide from the Math Office would be highly recommended to make sure all the material on the exam will be covered. Study Materials: There are several sufficient study books available for the tests, but the actuary club recommends using the ACTEX study guides. The guides are available through the Math Office (see Patti Strauch, 255 Hurley). The materials can be used for an unlimited period of time as long as nobody else has a need for the materials. After taking the exam, simply return the guide to the Math Office. There are a limited number of materials available, and if you believe there is an updated version of the ACTEX study material please contact a board member about updating the library's guides. VEE Credits: Along with taking the exams, it is suggested to attain some VEE (Validation by Educational Experience) credits while in college. Although exams are much more important, it is a good idea to take some of the classes if at all possible. If you do not take the classes while in college, you will have to also take a standardized test to attain your VEE credit; thus getting it done in college is generally much easier. Attaining the VEE credit involves submitting an application and fee after anytime after completion of the necessary courses. Also, you must pass two Exams before you can apply for VEE credit and receive at least a b- in the classes. Reimbursement: All current, due-paying members of the actuary club are eligible to receive a full reimbursement for any exam fees (only if you pass) or VEE credit fees. For exam reimbursement, please save a copy of the receipt and printed SOA transcript online (only the official scores, not the preliminary pass results). For VEE credit reimbursement, please save the receipt. In order to be reimbursed, please contact the club treasurer. Links: SOA-Society of Actuaries, good source for Exam information BeAnActuary-Good source for information about what an actuary does Recruiters:
	Allstate Jennifer Fitzpatrick 2775 Sanders Rd. Suite D6 Northbrook, IL 60062 (847)402-9391 jftizpa1@allstate.com	Aon Thomas Conlin 200 East Randolph Chicago, IL 60601 (312)381-4258 tom_conlin@ars.aon.com
	Deloitte Erica Greiss, Campus Recruiting Deloitte Services LP 111 S Wacker Chicago, IL 60606 egreiss@deloitte.com	Deloitte Thuong Le, Recruiting Lead for ND Deloitte Services LP 111 S Wacker Chicago, IL 60606 thule@deloitte.com
	Fidelity Brian Peters One N Lasalle Suite 3300 Chicago, IL 60602 (508)229-5107 brian.peters@fmr.com	Towers Perrin Scott Gavin 71 South Wacker Dr. Suite 2600 Chicago, IL 60606 (312)201-5175 scott.gavin@towersperrin.com