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  #51  
Old 02-11-2017, 05:06 PM
jominican jominican is offline
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Originally Posted by Westley View Post
So, if actuarial is high risk, low reward, is there another career path that has a better reward/risk tradeoff for a person with a 3.0 GPA or mediocre interview skills.
Start with D and end with S. Am i right boys?
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  #52  
Old 02-11-2017, 06:12 PM
lookingon1 lookingon1 is offline
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I sometimes wonder why actuaries are so encouraging toward newbies who want to be an actuary. Maybe, if we were more discouraging, the competition would be reduced.
they follow the money
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  #53  
Old 02-11-2017, 06:13 PM
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What is the Po? I keep seeing that reference here, but never quite understood the context. I used to think it was high cost of living, big cities (like NYC, SFO, etc), but judging by your post, that doesnt make sense.
It's the opposite... low COL areas.

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We get single digit # of resumes for EL positions in the 'po and can't get much of anything for any experienced position.
Send me a PM... I need me an EL j-o-b!
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  #54  
Old 02-11-2017, 06:28 PM
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Vorian Atreides Vorian Atreides is offline
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Originally Posted by DansGinger View Post
What is the Po? I keep seeing that reference here, but never quite understood the context. I used to think it was high cost of living, big cities (like NYC, SFO, etc), but judging by your post, that doesnt make sense.
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Originally Posted by JMO View Post
Actually, as mentioned above, the po is just the opposite. Low cost of living, not the biggest cities. (Po is short for "where poor people live.")
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Originally Posted by DansGinger View Post
do most people on this forum live in the po?
"Po" or "Po'" is the diminutive form of "Podunk". Not sure that I would necessarily agree with JMO's statement regarding "poor people" as I seem to see more poor people in non-Po locales than I do in any one Po-locale.

As to "how many on the AO" live in the Po . . . that largely depends on how one wants to define the Po' . . . for some, anywhere not NYC (some throw in Chicago) is considered Po'

I know several posters that live in the Po' . . . and there have been "Po-taculars" where someone organizes a get-together in the more "remote" locations . . . (Breckenridge, CO and KC, MO are two that I recall happening).
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  #55  
Old 02-11-2017, 06:33 PM
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Yeah, pretty much exactly the opposite. Tulsa and Fargo, or smaller than that.
I'd say non-coastal and not Chicago.
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  #56  
Old 02-11-2017, 06:33 PM
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Vorian Atreides Vorian Atreides is offline
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Originally Posted by Whoaminoneofyourbusiness View Post
Personally I think it's still worth going into if you don't have any of the red flags (international, sub 3.5 GPA or other mediocre credentials, mediocre social or interview skills, etc.). If you have connections or you're particularly good at something maybe you can try to ignore or work on a flag, but that's suboptimal.

It just seems high risk, relatively low reward if you can't check all the boxes. I went to grad school for a semester before landing a job and there were so many people that almost had their ASA, had a near 4.0 GPA, and other great credentials and were international and/or socially awkward, and because of that they couldn't land an internship. At that point they're obviously motivated, they'd just be better cutting their losses and find something else.
The GPA item isn't so much a "red flag" as it is a competitive threshold for some companies. In many cases, if you can get your resume to the hiring manager directly (not through the usual HR channels), GPA is usually not be too big of a flag provided that you have strong qualifications (including passing several Exams) otherwise.

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Originally Posted by Westley View Post
Not sure if I agree with that or not, but curious what you would recommend to somebody with a red flag and no connections or whatever.

So, if actuarial is high risk, low reward, is there another career path that has a better reward/risk tradeoff for a person with a 3.0 GPA or mediocre interview skills.

If there's a better path for such people to hit high rewards with low risk, then of course I would say that's the smart thing to do, but not sure what that is.
Building a good network will usually take some time, but can definitely provide the desired reward (however the candidate defines it). Too often, people just want their dream job w/o working for it or putting in the time to get relevant experience to get there.
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  #57  
Old 02-11-2017, 06:34 PM
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I'd say non-coastal and not Chicago.
So Salt Lake City is non-Po'?

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  #58  
Old 02-11-2017, 06:40 PM
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We get single digit # of resumes for EL positions in the 'po and can't get much of anything for any experienced position.
I don't know where you work, but I'm going to guess this has more to do with your company than it does with its location. (although location probably doesn't help)

I'm familiar with several large employers in the Po' that get inundated with candidates.
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  #59  
Old 02-11-2017, 06:46 PM
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Originally Posted by Vorian Atreides View Post
So Salt Lake City is non-Po'?

Uh, no. SLC is neither coastal (last I checked) nor Chicago. So it IS Po.

ETA:
So's Indianapolis, but I knew that already. I recently saw a list of 20 cities where one can "live well" on $60K. We were in the top 10.
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  #60  
Old 02-11-2017, 07:37 PM
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Vorian Atreides Vorian Atreides is offline
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Uh, no. SLC is neither coastal (last I checked) nor Chicago. So it IS Po.

ETA:
So's Indianapolis, but I knew that already. I recently saw a list of 20 cities where one can "live well" on $60K. We were in the top 10.
But . . . but . . . there's sandy beaches nearby!
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