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  #1  
Old 07-10-2018, 03:42 AM
wezard wezard is offline
 
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Default Can't get a job, need advice.

Hi guys,

I'm from Hong Kong and I began looking for actuarial jobs earlier this year after finishing my degrees. I believe I have some decent qualifications after studying in the UK. Unfortunately, I could hardly land any interview, let alone job offers. It seems like in Hong Kong, firms who employ actuaries only hire people with experience, usually 1 year. I'm getting hopeless and I think I need a contingency plan if the situation persists in the upcoming months. I hope I can get some advice and ideas about what might be the best thing to do. Feel free to leave a quick comment.

Thank you in advance.
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Old 07-10-2018, 05:04 AM
The_Polymath The_Polymath is offline
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Where did you study in the UK?
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Old 07-10-2018, 07:33 AM
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GargoyleWaiting GargoyleWaiting is offline
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First up, speak to a recruiter who knows HK. They might not be able to help you find a job, but if they're a reputable recruiter they'll take 10 minutes out of their day to give you some background on the real state of the market, and how graduates normally get into work.

If the market is such that there aren't any jobs for graduates right now, then we're probably on to the standard advice. Try and get a job in a related field, network, and take some exams.
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Old 07-10-2018, 08:55 AM
wezard wezard is offline
 
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Originally Posted by The_Polymath View Post
Where did you study in the UK?
I did my degree in one of the better rusell group universities that has an actuarial program.
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Old 07-10-2018, 08:57 AM
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Have you considered a makeover? You should get a suit from WW Chan. Those guys are top notch.
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Old 07-10-2018, 09:01 AM
wezard wezard is offline
 
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Originally Posted by GargoyleWaiting View Post
First up, speak to a recruiter who knows HK. They might not be able to help you find a job, but if they're a reputable recruiter they'll take 10 minutes out of their day to give you some background on the real state of the market, and how graduates normally get into work.

If the market is such that there aren't any jobs for graduates right now, then we're probably on to the standard advice. Try and get a job in a related field, network, and take some exams.
I did talk to some recruiter and what they told me matches the situation I am in right now. There are quite a lot of jobs but in the actuarial job market, not so much that welcomes graduates without experience.

In terms of exam, because I studied in an actuarial program in the UK, I get exemptions for exams (CT 1-8, any higher would be associate level examinations).

I am actually considering finding jobs in another discipline but I am not really sure what kind of jobs might be suitable and I am not really interested in accountant jobs.
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Old 07-10-2018, 09:06 AM
wezard wezard is offline
 
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Have you considered a makeover? You should get a suit from WW Chan. Those guys are top notch.

I don't really understand what you mean by that. Why is this related to tailors?
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  #8  
Old 07-10-2018, 10:10 AM
Dr T Non-Fan Dr T Non-Fan is offline
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Where are you looking?
And where are you allowed to work?
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DTNF's Basic Philosophy Regarding Posting: There's no emoticon for what I'm feeling! -- Jeff Albertson (CBG)
DTNF's Trademarked Standard Career Advice: "pass some exams and get back to us."
DTNF's Major advice: "Doesn't matter. Choose major that helps you with goal of Career Advice."
DTNF's Résumé Advice: Have a good and interesting answer to every item on it for the interviews.
DTNF's Law of Job Offers: You not only have to qualify for the position, but you also have to be the best candidate available for the offer.
DTNF's Work Philosophy: I am actuary. Please insert data. -- Actuary Actuarying Rodriguez.
Twitches' Advice to Crazy Women: Please just go buy your 30 cats already.
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Old 07-10-2018, 10:24 AM
The_Polymath The_Polymath is offline
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Quote:
Originally Posted by wezard View Post
I did talk to some recruiter and what they told me matches the situation I am in right now. There are quite a lot of jobs but in the actuarial job market, not so much that welcomes graduates without experience.

In terms of exam, because I studied in an actuarial program in the UK, I get exemptions for exams (CT 1-8, any higher would be associate level examinations).

I am actually considering finding jobs in another discipline but I am not really sure what kind of jobs might be suitable and I am not really interested in accountant jobs.
I have seen this problem before.

Its not a good idea to have zero work experience and lots of exemptions. Companies do not want to pay your salary based on those exemptions when you have zero work experience. Why pay somebody £50K/year when they are doing work worth £30K/year due to the lack of experience.

Russell Group? I am surprised you are not getting a few nibbles, but the problem is the lack of experience and starting salary due to exemptions. You need finance based experience. It does not have to be Actuarial so I suggest you look at other sectors.
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Old 07-10-2018, 10:28 AM
Dr T Non-Fan Dr T Non-Fan is offline
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Are companies is legally obligated to offer this person 50Ls if he's worth only 30Ls?
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DTNF's Basic Philosophy Regarding Posting: There's no emoticon for what I'm feeling! -- Jeff Albertson (CBG)
DTNF's Trademarked Standard Career Advice: "pass some exams and get back to us."
DTNF's Major advice: "Doesn't matter. Choose major that helps you with goal of Career Advice."
DTNF's Résumé Advice: Have a good and interesting answer to every item on it for the interviews.
DTNF's Law of Job Offers: You not only have to qualify for the position, but you also have to be the best candidate available for the offer.
DTNF's Work Philosophy: I am actuary. Please insert data. -- Actuary Actuarying Rodriguez.
Twitches' Advice to Crazy Women: Please just go buy your 30 cats already.
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