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  #31  
Old 10-18-2014, 09:22 AM
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Abelian Grape Abelian Grape is offline
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Originally Posted by Statatak View Post
Beyond 3 exams, if you can't land a decent EL position (50k+) there is something other than exam progress holding you back.

Yes, we have all heard of people with 5 exams not finding jobs. At the same time, there are plenty of stories of people with 1 or 2 landing 50-60k jobs. A serious problem with the actuarial EL market is believing that having a subpar resume, poor communication skills, and/or poor interviewing/social skills can be made up for by just passing more exams. It really can't.
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  #32  
Old 10-18-2014, 09:49 AM
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Any salary survey for Canadian actuaries?
There are surveys for Canadian actuaries and normally they are not published only the employers have access. A good rule of thumb: take the DW Simpsons survey, assume par for the Toronto /GTA market, discount by at least 10% for the rest of the country and you won't be far from the truth.
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  #33  
Old 10-18-2014, 10:38 AM
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63k with one exam four years ago. Are companies starting to pay EL less due to the increased supply?
No, I'd guess that low-mid 60s is still frequent, and that's where I started at. But I think if an application is making you fill in a number, better to err a little low than price yourself out. Doesn't mean they're gonna pay you exactly 55k.
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  #34  
Old 10-18-2014, 10:39 AM
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Also, 30s-40s is not reasonable for any entry-level actuarial position. Anything under 50 is incredibly cheap and if you have to take that job, you should probably get out of it as soon as possible.
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  #35  
Old 10-18-2014, 11:34 AM
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Originally Posted by hello_actuary View Post
Put market rate but the salary given dependent on companies. If you have no experience, probably start with an internship or an actuarial clerk. But two exams with no experience probably fall between $30,000 and $40,000. But again, some companies may pay higher.

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