Engineer Of Finance

The Formulas Behind Insurance - Episode 31

Informações:

Sinopsis

Have you ever wondered about the formulas behind insurance and how they apply to you? Ken and Tammi talk about Actuarial Science and how insurance is engineered. Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and help them earn better yields with less risk by investing Off Wall Street.   Links and Resources from this Episode For resources and additional information of this episode go to http://engineeroffinance.com Connect with Ken Greene http://engineeroffinance.com Office 775-624-8839 https://www.linkedin.com/in/ken-greene https://business.facebook.com/GreeneFinance Show Notes Understanding systems and goals - 3:20 The power of Actuarial Science - 4:38 Why an engineering mindset is about precision - 4:58 Life Insurance and Actuarial Science - 7:51 What does an insurance agent actually do? - 8:30 The role of a Mutual Insurance Company - 10:05 How taxes apply to the equation - 11:10 What it means