Hourly Bill Rate - Open-ended survey

[openminded]

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[Crystal Dragon.]

I worked with one firm, but wasn't on the "insider's" list. That said, I understand hourly rates varied between 125 and 200, depending on the level of the consultant.

[Tommy]

In my past experience, the rates varied from 100 for a summer intern to 500 for the office manager. A senior student (pre FSA) ranged from 200 to 250. A full consultant (FSA) was around 250 to 350. Partners in the firm ranged from 305 and up. Many partners were in the 400+ range. Keep in mind that a senior partner bills very few hours and is mostly in a sales role.

[Kitten]

How about you set this up as some kind of survey? I would say the rates quoted are on the low side, but don't want to post any specifics since many know who I am here.

[openminded]

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[Polly Nomial]

I do believe that location is a significant factor.

[agk]

Pen consulting (big company):

1. Entry level $100 - $150
2. Experienced Analyst $150 - $215
3. Designated Actuary $250 - $350
4. Senior Level Actuary - Subject Matter Expert up to $600

Hope this helps.

[openminded]

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[Quasi]

At some firms it really depends on whether you want the published hourly rate or the one they actually charge. Some firms (that I won't name) have official hourly rates that would make a lawyer cringe....of course they always start negotiations with a 50% reduction. Stupid practice but at this particular firm they want the official rates to be sky-high so that they get a bigger portion of audit fees on audit support engagements.