View Full Version : how long to job-hunt?
11-28-2001, 03:46 PM
I am hoping to move cross-country in six or seven months to be with my fiance. My time frame is pretty set. I am in Life Ins right now, in my 3rd rotation, ASA now and maybe just a few PD shy of FSA by then. I know that in LA and environs (where he is) there isn't too much Life Ins work. I'm willing to transition to Health or ALM-related or Reinsurance. I'd rather avoid Pensions if possible. When is the right time to start looking? And what are my chances of finding the kind of job I want (that is, non-pension)?
Re: the best time to start looking. I started looking last May and made the cross-country move in August. Give yourself more time if: you plan to be pickier about companies or your schedule is not very flexible for flying out for interviews; you have a house to sell; you need to find a house at your new location; you would like to take some time off in between jobs and/or drive leisurely to your new location rather than flying.
11-28-2001, 05:18 PM
What don't you like about pensions?
11-28-2001, 06:41 PM
grayspring: Course 5.
Seriously -- I'd rather avoid consulting, and as far as I'm aware most pensions work is consulting. I like the hours/workload of insurance companies and would prefer to maintain that when I move.
I'm a California Man
11-28-2001, 06:52 PM
You've got a few choices on the insurance side: WellPoint (West Valley and Ventura County), HealthNet (West Valley), Kaiser in Pasadena, and PacifiCare (Orange County).
There are opportunities on the health consulting side on Westside, Downtown, and Orange County. They'd probably require some more health experience.
There is very little else. Transamerica downtown. Farmers in mid-Wilshire.
First, you'll need to determine an area that will suit both of your driving needs for each choice. This depends on where he's working, too.
11-29-2001, 09:17 AM
Start looking around the beginning of the year. The rule of thumb is that it takes one month for every $10,000 of base salary to land a job. Since you're an ASA nearing FSA-land, you probably reaching a fairly decent salary level.
Also, remember, the cost of living in L.A. has increased dramatically in the last few years due primarily to the jump in real estate prices. A good cost-of-living calculator ought to help you figure out how much you need to make in L.A.
11-29-2001, 10:11 AM
Anyone know of a good COL calculator that includes BOTH Canadian and US major (and maybe minor) cities?
11-29-2001, 10:14 AM
One thing to remember on COL is presumably you and the fiance will be sharing living quarters if not immediately in the near future...this should reduce COL relative to your current situation.
I'm a California Man
11-29-2001, 12:08 PM
homestore.com still in business? (Just a joke; it is, but not for long.)
Expect to pay at least $300,000 for a home in a decent area. You can get a larger home in a worse or distant area, or a smaller home in a very nice or close area. Or, get a small home in a bad area, but pay for private schools for the kiddies (if ever that happens).
Homes near the beaches (not the "shore") are more expensive, for less tempurature fluctuation and less smog.
Or, you can rent. Be prepared to rent forever, though. Renting is good for mobility purposes (keeps your employer on its toes), and eliminates the risk of fluctuating home prices multiplied by the leveraging effect.
I don't know what rents are like.
Re COL calculator: I found the book "Places Rated Almanac" to be very helpful when moving to a new city. It assesses and ranks the 350+ metropolitan areas in the U.S. and Canada on a broad range of measures: cost of living, crime, transportation, recreation/arts, climate, education, health care, etc. For the COL, it analyzed housing, utilities, food, various taxes, etc.
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