Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Careers - Employment
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions



Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 07-12-2018, 08:42 AM
campbell's Avatar
campbell campbell is offline
Mary Pat Campbell
SOA AAA
 
Join Date: Nov 2003
Location: NY
Studying for duolingo and coursera
Favorite beer: Murphy's Irish Stout
Posts: 84,669
Blog Entries: 6
Default Where Work Pays: Occupations & Earnings across the United States

Here:
http://www.hamiltonproject.org/chart...ys_interactive

Yes, "actuaries" is one of the professions you can filter on.

The results are underwhelming.

Too many of the geographies have too small a sample to provide a median. Where there are medians... well, you'll see.

The full piece is here:
https://www.brookings.edu/research/w...ntent=64391059

That's a bit more interesting, but they're looking at professions with a lot more people, like nursing.
__________________
It's STUMP

LinkedIn Profile
Reply With Quote
  #2  
Old 07-12-2018, 09:07 AM
SlowMotionWalter's Avatar
SlowMotionWalter SlowMotionWalter is offline
Member
CAS
 
Join Date: Jun 2013
Posts: 12,715
Default

lullz for geico still pulling down salaries
__________________
Quote:
Originally Posted by bigb View Post
You should learn to communicate in a serious manner before you expect a serious answer.
Spoiler:
Quote:
Originally Posted by Kangaz wit Attitude View Post
Force of habit, 2pac's been typing "88" a LOT since Trump got elected.
Quote:
Originally Posted by JMO View Post
You ought to see the bush. It's impressive.
Quote:
Originally Posted by Pikachu
10:53 pm: some ppl dont take advices well
Quote:
Originally Posted by mayo fan
9:45 pm: ao fan would be hot covered in mayo!
Quote:
Originally Posted by Snikelfritz
if you'd like I can come visit and dress up like a girl and get in some fights
Quote:
Originally Posted by Kaner3339 View Post
i think everyone needs to do this type of thing to get a dose of reality and straighten people up. it's kinda like going to the mountains and becoming a monk except it's with hundreds of potatoes and a lot of stoners with tattoos in a kitchen
Reply With Quote
  #3  
Old 07-12-2018, 10:45 AM
mathmajor's Avatar
mathmajor mathmajor is offline
Member
SOA AAA
 
Join Date: Dec 2010
Location: Nowhere in particular
Studying for Japanese
College: B.S. Applied Math
Favorite beer: La Croix Grapefruit
Posts: 9,617
Default

Underwhelming? Medians are like $100-$130k. Probably right for anyone who calls themselves an actuary.
__________________
FSA
Opinions are provided for entertainment purposes only and are no substitute for professional guidance.
Reply With Quote
  #4  
Old 07-12-2018, 10:49 AM
OnLevel OnLevel is offline
Member
CAS
 
Join Date: Nov 2016
Posts: 1,204
Default

Quote:
Originally Posted by SlowMotionWalter View Post
lullz for geico still pulling down salaries
Good ol' GEICO
Reply With Quote
  #5  
Old 07-12-2018, 11:21 AM
PeppermintPatty's Avatar
PeppermintPatty PeppermintPatty is offline
Member
CAS
 
Join Date: Sep 2001
Posts: 39,118
Default

Thanks, interesting.
Reply With Quote
  #6  
Old 07-12-2018, 11:42 AM
Liar Liar is offline
Member
SOA
 
Join Date: Jul 2018
Studying for LTAM
Posts: 327
Default

Kind of sad how low the salaries are especially considering how difficult the exams are.

If you're able to pass actuarial exams, you'd probably be in the top 5% of accountants, financial analysts, etc. and you would make way more than 150k
Reply With Quote
  #7  
Old 07-12-2018, 11:54 AM
Kenny's Avatar
Kenny Kenny is offline
Member
Non-Actuary
 
Join Date: Jan 2003
Posts: 7,521
Default

Quote:
Originally Posted by Liar View Post
Kind of sad how low the salaries are especially considering how difficult the exams are.

If you're able to pass actuarial exams, you'd probably be in the top 5% of accountants, financial analysts, etc. and you would make way more than 150k
I don't necessarily agree with your conclusion re passing exams and the ability to perform on the job in other professions, but even if it were true, you would work significantly more than 40 hours a week for that pay. IME, the (big A) Actuaries who generally work as much as other professionals also make as much or more than those other professions.
__________________
I am a scientist. I am sorry to disappoint you but I have never seen an elf or a troll. But who am I to exclude their existence? - Arni Bjoernsson
You are stupid and evil and do not know you are stupid and evil. ... Dumb students are educated stupid. - timecube.com
Usually while I'm reading, I'm actually thinking about...midgets riding toy horses - Roto


Reply With Quote
  #8  
Old 07-12-2018, 12:06 PM
campbell's Avatar
campbell campbell is offline
Mary Pat Campbell
SOA AAA
 
Join Date: Nov 2003
Location: NY
Studying for duolingo and coursera
Favorite beer: Murphy's Irish Stout
Posts: 84,669
Blog Entries: 6
Default

Quote:
Originally Posted by mathmajor View Post
Underwhelming? Medians are like $100-$130k. Probably right for anyone who calls themselves an actuary.
I meant underwhelming, as in: not much variation.

That's all.
__________________
It's STUMP

LinkedIn Profile
Reply With Quote
  #9  
Old 07-12-2018, 12:07 PM
campbell's Avatar
campbell campbell is offline
Mary Pat Campbell
SOA AAA
 
Join Date: Nov 2003
Location: NY
Studying for duolingo and coursera
Favorite beer: Murphy's Irish Stout
Posts: 84,669
Blog Entries: 6
Default

Keep in mind, that many of these "actuaries" for government survey purposes, aren't necessarily credentialed or taking exams.

The median sounds about right. It's just a boring visualization for actuaries.
__________________
It's STUMP

LinkedIn Profile
Reply With Quote
  #10  
Old 07-12-2018, 12:08 PM
Dr T Non-Fan Dr T Non-Fan is offline
Member
SOA AAA
 
Join Date: Sep 2001
Location: Just outside of Nowhere
Posts: 93,198
Default

Still have to go out there and find someone willing to pay you what you think you are worth. Your employer simply will not drop a bag of money on your desk with no prompting and when it is not required (like an exam raise).
Those who do are rewarded (like MM and many others on this board). Others toil in obscurity (and expected security) without asking nor receiving what they are worth, simply because they didn't bother to find out what they're worth.
__________________
"Facebook is a toilet." -- LWTwJO
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 05:31 PM.


Powered by vBulletin®
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.21271 seconds with 9 queries