The Working Life of a Professional Actuary.


On Monday October 24th at 4pm in Olin 201, Susan J. Forray, Senior Director of Pricing at Mortgage Guaranty Insurance Corporation, will discuss actuarial career paths, examples of mathematical problems faced by actuaries, and connections between Whitman coursework and actuarial work. Susan will discuss mortgage insurance and how events in the news impact the cost (and price) of mortgage insurance every day. Lastly, Susan will cover ‘price-dependent’ risk and how actuaries address circular situations in which the cost of issuing an insurance policy depends, in part, on the price the insurer charges.

 

BIO: Susan is currently Senior Director of Pricing at Mortgage Guaranty Insurance Corporation. Since joining MGIC as its first actuary two years ago, Susan has been responsible for advancing MGIC’s pricing to reflect actuarial concepts and has doubled the size of MGIC’s pricing team by adding actuarial staff.  Previously, Susan was a Principal with Milliman, one of the world’s largest actuarial consulting firms.  Susan is a Fellow of the Casualty Actuarial Society, a Member of the American Academy of Actuaries, and earned her B.A. in Mathematics from Whitman in 1999 and her M.A. in Mathematics from the University of Wisconsin at Madison in 2001.

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