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Old 07-01-2015, 10:28 AM
Arthur Itas's Avatar
Arthur Itas Arthur Itas is offline
Join Date: Feb 2004
Posts: 19,084

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.
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