View Single Post
  #34  
Old 07-01-2015, 10:28 AM
Arthur Itas's Avatar
Arthur Itas Arthur Itas is offline
Member
CAS
 
Join Date: Feb 2004
Posts: 18,479
Default

Quote:
Originally Posted by Beach Bum View Post
Arthur it is! That's a whole bunch of back office actuaries spread around the east coast now wondering what that means for them. If I was an under performer, not that i am nor do i work there, I'd be polishing my resume right about now.
There's certainly both risk and opportunity when 2 companies this big combine. Big mergers often result in back office layoffs, but I haven't generally seen significant actuarial layoffs in most P&C mergers. In fact, mergers generally create more actuarial work for the first couple of years. I have no idea on what might be the case with this merger though. You are of course right that this merger might present opportunities to prune some dead wood though.
Reply With Quote
 
Page generated in 0.08018 seconds with 9 queries