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  #11  
Old 08-14-2015, 04:26 PM
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dukelampard dukelampard is offline
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Originally Posted by Levin View Post
Agree with this.

One option to sort of get around this is to take a job early in your career in either consulting or reinsurance. Thus you can potentially get exposure to and experience in a lot of different product lines, company types, and functions, and make yourself more flexible.
That's not true if one starts out in pensions consulting.
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  #12  
Old 08-14-2015, 06:04 PM
Harbinger Harbinger is offline
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Originally Posted by TDM612 View Post
I was in a very specialized field in P&C for a year as entry-level and still got hired with a promotion in a completely different field. The skills you develop as entry level are probably more technical with general exposure to actuarial methods being a plus. No way does it ever lock you into the field, especially if it is just for a short period of time.
What did you move to?
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  #13  
Old 08-14-2015, 10:18 PM
Brizzle Brizzle is offline
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Thank you all for sharing your experiences. I'm glad to hear that I can focus on a desirable company and worry about specialization later.
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  #14  
Old 08-15-2015, 11:22 AM
Westley Westley is offline
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Originally Posted by dukelampard View Post
That's not true if one starts out in pensions consulting.
That's a very different question than what the OP asked, tho.

Starting in Life, Health, Pension, or P/C will, within a relatively short period, lock you into that track. If you are in Pension and want to leave for Life after a year, that's not too hard; but after 5-7 years (and maybe as little as 3), it's extremely difficult to make the switch, and even if you can switch, there's probably a significant step back in terms of pay, title, etc. That is worth saying and might be important to the OP, but that's not what was asked.

If you start out in P/C doing Comp, and later want to move to doing Auto or GL or something, that's often pretty easy. Or if you're in Life insurance and want to switch to doing reinsurance or consulting, etc, that's pretty easy too. What specific switch the OP has in mind (or if there's anything specific in mind at all), isn't clear, but his question is stated more toward the switch from Comp to Auto.
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  #15  
Old 08-15-2015, 12:29 PM
PackFan47 PackFan47 is offline
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Originally Posted by JMO View Post
No. Next question.
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  #16  
Old 08-15-2015, 12:49 PM
Brizzle Brizzle is offline
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If you start out in P/C doing Comp, and later want to move to doing Auto or GL or something, that's often pretty easy.
Yes, this is exactly what I was asking, thank you!
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  #17  
Old 08-15-2015, 01:08 PM
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Thank you all for sharing your experiences. I'm glad to hear that I can focus on a desirable company getting any actuarial job at all, and worry about specialization later.
IFYP
For the benefit of other people asking about entry level "lock in" not as specifically as the OP.
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