<t>QuoteOriginally posted by: losemindHi all,Could anybody give me some advice about dealing with headhunters. (1) The headhunter is pressing you to take interviews and make decisions asap. How to handle that?(2) The headhunter keeps asking where me are getting offers from other places, and I gave h...

Try JP Morgan Lifemetrics for info.

<t>I too have resigned and am currently on a break and studying for a master.Agree a break is good for taking time out to catch up with family and friends and to have a life in general.But would recommend having a goal to focus on to give your life a sense of structure and purpose.Nine months into m...

<t>I feel that the amount time spent on justifying what constitutes a "fair bonus" could be better spent on designing a better P&L measure. It may exclude unrealised P&L. It may not. The focus should be on fixing the underlying problem - ie profit measurement, rather than on ad hoc "correcti...

<t>QuoteOriginally posted by: Traden4AlphaQuoteOriginally posted by: sheepskiTake an original idea.Turn it into a buzz word.Watch as it is cargo cult engineered into a slick financial models that can be copied, download, assessed… What perplexes me is this. In the real world, if you build a car whic...

<t>Take an original idea.Turn it into a buzz word.Watch as it is cargo cult engineered into a slick financial models that can be copied, download, assessed… What perplexes me is this. In the real world, if you build a car which breaks down, falls apart etc… it wouldn’t last very long. It certainly d...

Not a bad one.How much does it cost to buy a US citizenship these days?

<t>QuoteOriginally posted by: PaulThe copula model is not robust to changes in model assumptions. Black-Scholes is. It's getting quite tedious me telling people to actually get off their backsides and test the models for themselves, and maybe stop behaving like sheep, copying each other. Don't belie...

To take risks and live to see another day.

<t>QuoteOriginally posted by: cklowDoes that mean actuaries are experts in mathematics as well? Do they use Black–Scholes models or Monte Carlo methods in their works?Can actuaries switch their role to quants at a later stage of their career and how high is the "succesful rate"? I believe it is easi...

<t>From a perspective of an actuary...1. What is the main difference between actuaries and quants in terms of their daily job? Actuaries work for insurance companies. Quants work for banks. Insurance companies make money by offering protection to consumers and tend to be more risk adverse in nature....

So it goes back to word of mouth & trial and error...Perhaps we ought to informally list down HH that we have good experiences with and HH that we feel others should avoid...

Stottlemeyer - whatever you decide, suggest you finish off your actuarial qualification as well (given that you have just one more year to go). You never know when you may need it as a fall back option.

<t>QuoteOriginally posted by: marciovsThat is a very good point. I would go further: is it a question of interest in understanding the answer properly or the ABILITY TO UNDERSTAND IT properly?How many times have you started trying to explain something more technical in a meeting and they stop lookin...

<t>I am neither a quant nor do I work for an IB.But I have noticed that whenever I mentioned words like "assumptions", "risks", "error bounds" to senior management, they fell on deaf ears. If anything I was ridiculed for it.Many people want to hear a perfect answer without hearing the caveats behind...