I am Cho Hye-ryeon who has enrolled the Department of Statistics and Actuarial Science in 1998.
It has already been more than five years since I graduated.
I would like to express my sincere gratitude to the professors who have worked hard for the department during this time.
I am currently working in the management planning team of AXA Direct.
I am in charge of establishing and managing the company's target profit and loss by estimating sales and managing loss ratios and expense ratios for all insurance types (automotive, general, and long-term)
When I was in school, I wondered how the subjects I had learned in theory would be applied in practice. As I worked in the field, I found that the basic statistical techniques for various estimations, regression analysis, time series analysis, and the rate calculation and reserve calculation methods learned in actuarial science are applied to various fields. Also, as I recently changed from the traditional rate calculation method to the CFP method, I came to realize that each subject I learned at school is valuable, from the stochastic process, which is the basis of CFP, to financial engineering.
I think the Department of Statistics and Actuarial Science is a very good department for those who are aiming for employment in the financial sector. A Korean proverb tells us that “You can see as much as you know.” I hope that you will become students who work hard for a bright future. As long as you put in the effort, you will surely get good results.
Once again, I would like to express my sincere gratitude to the professors and many seniors and juniors who have always worked hard for the department, and I hope that you will become great experts. Thank you.