success108
Dryer sheet aficionado
- Joined
- Oct 27, 2005
- Messages
- 28
I'm currently employed as an actuarial analyst for a pension consulting firm. The work is a bit boring (accounting stuff) and including travel time it takes up 55-60 hrs/wk. If any of you are familiar with the actuarial career, you will know that I'm also studying my butt off for exams, which takes another 15-20 hrs/wk during exam season.
I recently received 2 offers, here is a break down:
I recently received 2 offers, here is a break down:
- Life insurance - Product design analyst
Pros:- Total time ~45 hrs/wk including travel time.
- Creative work
- Lots of programming, which I enjoy
- Relaxed culture, family feel when I interviewed there
- Slight pay cut (-$1,800/yr) but bigger bonus so it's a wash
- No rotation program between different actuarial departments (annuities, reserving, investments)
- Property and Casualty (P&C) Insurance - Home Insurance Pricing Analyst
Pros:- Mega Co., lots of room for growth
- P&C has the highest job satisfaction out of all of the actuarial fields
- Pay raise (+ 5%)
- Good rotation program, rotate every 1.5 years between depts
- Creative and more mathematical work
- 60+ hrs/wk because of travel time (extreme commute, 3.5+ hrs/day)
- Cut-throat business culture
- Strict exam policy, if you don't pass you get a notice of termination
- Greater number of and more difficult exams