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  #11  
Old 07-12-2018, 12:09 PM
Dr T Non-Fan Dr T Non-Fan is offline
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Originally Posted by campbell View Post
It's just a boring visualization for actuaries.
Should anyone expect anything other than boring regarding actuaries?




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  #12  
Old 07-12-2018, 12:11 PM
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Mary Pat Campbell
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For a little more interest, select "Total Mathematicians and Computer Scientists" as actuaries are lumped into that category
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  #13  
Old 07-12-2018, 12:17 PM
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Originally Posted by Dr T Non-Fan View Post
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.
Or more than you think you're worth. Millennial imposter syndrome
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  #14  
Old 07-12-2018, 12:20 PM
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I would guess this data includes the many non-credentialed people doing actuarial work, excludes bonuses, and excludes credentialed actuaries who don't identify their position as actuary (because they are president, chief underwriting officer, chief risk officer, etc.).

If a small insurer has one fellow and nine non-credentialed people doing actuarial work, that is going to weigh the industry median down.
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  #15  
Old 07-12-2018, 12:23 PM
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DWS Survey is still the go-to if you're looking to drill down more into actuarial salaries. The "actuarial field" is so diverse in the types of work done that it's hard to see it as a homogeneous grouping. E.g., the skewness resulting from non-credentialed analysts or people who fell out of the exam track but are labeled "actuaries" in this survey.
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  #16  
Old 07-12-2018, 12:31 PM
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I'd actually have to look at the specific survey to see what is included.

It definitely doesn't include benefits, but it may include bonus (not sure)
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  #17  
Old 07-12-2018, 12:40 PM
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Quote:
Earnings are individual’s total pre-tax wage and salary income, which also includes commissions, cash bonuses, and tips.
http://www.hamiltonproject.org/asset...h_appendix.pdf
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  #18  
Old 07-12-2018, 12:40 PM
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Quote:
Originally Posted by SlowMotionWalter View Post
lullz for geico still pulling down salaries
And yet people still work for them.

What is the up side?
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  #19  
Old 07-12-2018, 12:41 PM
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Median seems low especially in NY. DC I can understand with Geico there.
In NY, even if I filter the age group to like 35-45, it's pretty bleh. I agree that actuarial isn't THAT high paying given the efforts to pass the exams.
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  #20  
Old 07-12-2018, 12:43 PM
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Quote:
Originally Posted by The_Polymath View Post
And yet people still work for them.

What is the up side?
I'm sure the work/life balance is good and they have a good study program.
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