It's that time of year (Salary)

[Anonymous]

Salary: 60,000 + bonus approx 10,000
Exams: 4 at last review now 6 CAS
COL: Medium
Industry: Reinsurance

[Anonymous]

Salary: $54K + ~10% bonus (target up to 20%)
Exams: 4 + 15PD
Years: 4.5
COL: Medium
Industry: Brokerage firm

[Anonymous]

52.5
2% bonus
High col

[Anonymous]

for post above 1 exam

[Anonymous]

4.5 Years, 6 CAS Exams up from 4 last year.
Large P&C Insurance Company

$62.7K, imagine raise will be 4% effective in March, that would put me at $65.2K

Not so much bonus year thanks to 9/11. Anyone else in the same boat?
Probably will only be 2% although in a better year all the goodies could total 10%.

Medium COL

[Anonymous]

Don't mean to be rude, but why do the figures look a bit low? I was under the impression that P/C's salary is very high? Had it been a very bad year?

[Anonymous]

ASA, 6 exams, 11 years
$90K+ salary
COL: medium
Life company

[Klaymen]

There are several reasons why any salary might not be representative of the average:

My exam raises aren't $5,000 apiece so I don't see myself keeping up with the salary survey.

People changing jobs will probably make more. Plus, a lot of the range probably amounts to a higher cost of living; I belong on the lower end.

There might not be a lot of opportunity in a geographical area. Someone might stay in an area because they like it and accept less-than-competetive pay as a trade-off.

Personally, I'll make ACAS with one more exam. At that time I think it will be worth my while to see where the company puts my salary.

[Anonymous]

Salary: 37,500
Exams: 2
COL: medium/low
Industry: Health
Experience: 6 months

[Anonymous]

Salary : $70K
Exams : 1-6 (ASA)
COL : High
Industry : Life
Experience : 1.5 years

(I don't know if this is in line or not) :huh:

[Anonymous]

Anonymous above: How in the world did you get your ASA with 1.5 years of work experience?? More importantly who in their right mind would pay someone $70,000 with 1.5 years of work experience?

Anyway here are my numbers:
Salary: $105,000
Exams: 1 - 4, 6 & 7
Industry: Health
COL: High
Experience: 7 years

[Anonymous]

(Not the Anonymous that posted the $70K salary)

I don't see anything about that post screaming outlier. A determined college student in an actuarial program could conceivably pass 4+ exams before graduating.

Also, it's a High COL. Maybe it only equates to 60K in a Medium COL - I wouldn't expect that to be high for any ASA, which must be worth something.

[Anonymous]

90K + 15% bonus
Course 1-7 plus 40 PD
5.5 years of experience
Pennsylvania

[Anonymous]

52K+10% target bonus
4 exams
2.25 years (first actuarial job)
consulting
high COL

[Anonymous]

3 YRS-P&C INSURANCE COMPANY
2 EXAMS
53,400 + 4% 401(K) MATCH

[Anonymous]

Same Anonymous as 53,400 above..
High COL

[Anonymous]

3 yrs.
Courses 1-4 Exams + EA 1
60k + 5K bonus
COL = Med.
Pension

[Anonymous]

Salary: 39,500
Exams: 0
COL: medium/low
Industry: Life
Experience: now I have 3 months

got lucky on finding the job

[Anonymous]

$57,100 - no bonus
Courses 1-3
Pension Consulting
3 years experience

[Anonymous]

$73,000, no bonus
Med COL
Exams 1-7 + PD
20 years
Life

[Quasi]

$135K plus 10% target bonus
Medium COL
11 years
Fellow - P/C side

[Anonymous]

On 2002-01-13 13:47, Anonymous wrote:
Salary : $70K
Exams : 1-6 (ASA)
COL : High
Industry : Life
Experience : 1.5 years

(I don't know if this is in line or not) :huh:


For 1.5 years, I wouldn't complain. You aren't going to make much more without experience, I'd think. Nice work on the quick ASA. I take it you were getting it out of the way in school (grad school?).

[Anonymous]

65,000 (no bonus)
Exams 1-7 (ASA)
life insurance
COL medium/low
3.5 yrs experience

[Anonymous]

$80.5 base sal (excuding bonuses)
experience: 7.5 yrs
exams:1-6,8p,ea exams
designations: ASA, EA
COL: med
Area: Pacific NW

[Anonymous]

70,000 ~ 10% target bonus
4 Exams
P&C Co
COL medium/low
5 yrs experience

[MG]

$63,000 (I don't anticipate any bonuses)
5 Exams
Low/Med COL
2.5 years
Life Ins

[Anonymous]

I've decided I'm underpaid so if my boss is reading this ... there's still time.

[Another day in Paradise]

You rang? Oh you were talking about your boss at work - nevermind... :razz:

[Anonymous]

85,000 base
3 exams (including EA1 - going EA route only now)
7 years experience
COL: High

[Anonymous]

You rang? Oh you were talking about your boss at work - nevermind... :razz:



c'mon, take it to our room, ADIP !

[Anonymous]

83K + 10-20% bonus
5 years
FSA
Life Insurance Co
Low COL

[Anonymous]

6 exams
4.5 yrs
P&C ins co
60k no bonus
med COL
not bad, but time for a raise i would say...

[Anonymous]

80K + 10% bonus
5 years
ASA (1-6)
Life Insurance Co
Average COL

Is it time to change my job?

[Anonymous]

80K + bonus
3 Exams
9 yrs
Health
Med Col

[Anonymous]

Salary: 88,000 + 5% Bonus
Exams: FCAS
Experience: 9 Years
COL: Low
Industry: P&C

[Anonymous]

On 2002-01-17 09:48, Anonymous wrote:

On 2002-01-13 13:47, Anonymous wrote:
Salary : $70K
Exams : 1-6 (ASA)
COL : High
Industry : Life
Experience : 1.5 years

(I don't know if this is in line or not) :huh:


For 1.5 years, I wouldn't complain. You aren't going to make much more without experience, I'd think. Nice work on the quick ASA. I take it you were getting it out of the way in school (grad school?).


Is it difficult to find a job with exams 1 through 8 (excluding 7) and only a year and a half experience?

[Anonymous]

51K - no bonus
Exams: 1 & 2
Experience: < 6mo
Consulting
COL: High

[jf]

New ASA, two year experience, Life insurance, product development

Average COL

Salary 64.5K
Bonus 13K (a very good year, way above historical average)

[hopper]

71k + 5% bonus
7 years
ASA
Health
average COL.

[Axsuetarian]

Med COL
Consulting
1.5 yrs experience
6 exams
57,000 (no bonus)

[Anonymous]

$90,000 incl. bonus
ACAS, 7 exams
Medium COL
Consulting

[the mole]

I'm looking forward to some Water Cooler and/or Rebel Forum bucks.

[2TTC]

$76,000 + bonus (target 10%)
ASA (exams 1-6)
Life Ins Company
3.5 years experience
High COL

<font size=-1>[ This Message was edited by: 2TTC on 2002-02-28 13:22 ]</font>

[asa23]

66000 + 15% Bonus
6 Exams (ASA)
Consulting
2 yr Exper
Avg COL

[Anonymous]

Not to sound stupid or anything, but could someone tell me what COL stands for?

(Then I can respond to the survey! :smile: )

[asa23]

Cost of Living