View Full Version : Three exams and holding
Anonymous
01-18-2002, 09:14 AM
What can you tell me about employment prospects for me. I passed 3 exams relatively quickly, but have not attempted any other exams in several years. I would prefer not to continue the exams.
I have 12 years experience as an actuary doing a variety of actuarial tasks and have proved myself capable.
Am I stuck in my current job or might there be a company out there who would hire me?
Anonymous
01-18-2002, 09:28 AM
There are definitely companies out there willing to hire you. May have to look a little harder, which is where a recruiter may be able to help out.
Do you want to finish the exams? If yes, then your prospects will increase dramatically. If not, may decrease your chances, but again, there are jobs out there.
What area of the country and SOA or CAS?
Anonymous
01-18-2002, 09:43 AM
You're probably marketable,
but you're not an actuary.
(It almost seems like you said you are.)
DW Simpson
01-18-2002, 10:31 AM
We've seen an increase, esp. on the SOA side, of employers willing to look at non-exam takers with a few already under their belt. Actuarial programming jobs are one example. So depending on your background, you're probably in good shape and not stuck in your current job at all.
Anonymous
01-18-2002, 01:06 PM
I employed in health. At this point in time I don't care what part of the country since I am only poking around.
I may reconsider continuing exams now that the kids are grown, but I am curious as to what is available if I don't.
My current salary is around $43,000 and I'm in the midwest. Salarywise, I would need some incentive to relocate.
Oh! And one more thing!
On 2002-01-18 09:43, Anonymous wrote:
You're probably marketable,
but you're not an actuary.
(It almost seems like you said you are.)
That was uncalled for! I am employed as an actuary. I am well aware of my limitations. What would you suggest I call myself?
Anonymous
01-18-2002, 01:11 PM
you only call yourself an actuary when you are qualified... no letters, no actuary
Anonymous
01-18-2002, 01:36 PM
You're employed as an actuary? What's your title? I'm guessing actuarIAL something-or-other? (associate or assistant or something) Just because you work in a hospital doesn't make you a doctor. Working in the accounting department doesn't make you an accountant. You're an actuary when you've got the letters behind your name saying a recognized professional organization has deemed you one.
Anonymous
01-18-2002, 01:50 PM
You can have the title of actuary without being a member of any actuarial body.
Anonymous
01-18-2002, 02:19 PM
I also would be careful saying I passed 3 exams. Did you pass the equivalent of three exams in the new system, or just three exams in the old system. You mention you haven't taken exams in several years so I thought I might point that out.
I also believe you are not an Actuary unless you've earned it. We say here that we're students. Everyone in the company understands what it means when I say I'm one of the students.
It might be helpful for you to know that we have non-students who have positions in cash flow testing and valuation but not in investments, pricing, or reinsurance.
Anonymous
01-18-2002, 03:02 PM
Don't be too quick to jump on this person's case. If you check the Qualification Standards for reserve opinions, it is possible to be recognized by your regulator to be qualified to sign the actuarial opinion without being a member of one of the bodies. This was not uncommon in the health field at one time, though it is fading away as a practical option. In fact, when health actuaries were first encouraged to join the societies (1970'S?) a special designation of QHA (qualified health actuary) was offered on a limited time basis by the AAA to people working as health actuaries who could pass 3 special exams which basically culled the health stuff off the full syllabus.
mikey
01-18-2002, 03:35 PM
Calling someone you pay 50K + a year a student because they have no letters is dumb.
>Calling someone you pay 50K + a year a
>student because they have no letters is dumb.
You call them students because they are in a study program. What does it have to do with the salary?
On 2002-01-18 17:03, Alya wrote:
You call them students because they are in a study program. What does it have to do with the salary?
Because drunk collegians don't make 50 K a year?! :grin:
<font size=-1>[ This Message was edited by: JO on 2002-01-18 18:04 ]</font>
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