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  #11  
Old 04-17-2019, 08:43 AM
ActuaryFromMTL ActuaryFromMTL is offline
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Originally Posted by ShivamS View Post
Others have answered your questions pretty well. Iíll add a couple more things.

Itís pretty hard coming into a B4 at the Manager+ Level. There are a lot of expectations that youíre not aware of and, quite frankly, training and onboarding can suck. This doesnít matter if your plan is to do 2 years and bounce - but does matter a lot if youíre trying to get promoted. Iím not sure what level youíre at, but this is important to consider.

Second thing, youíre thinking of yourself being in a static role. Thereís a very high chance youíre not on recurring work and are thrown onto projects outside your experience and comfort zone. Outside of Life Actuarial, even. Sometimes outside of even actuarial altogether. I donít think itís a bad thing - just want to set expectations that you likely wonít be doing audit support only. Thatís not how we deploy resources typically.

Final thing - get the offer and then waste time thinking about this.

On my phone - sorry if it was hard to read
Awesome. Thanks.

Sorry, I didn't specify it but it's an entry-level position.

You bring a great point in that I could be doing other things than life actuarial tasks since the company's services are so broad. Another thing I should ask about.

This is exactly why I'm asking my questions before the actual interview, so that I can understand what to expect and to address everything I want to know during the interview.

Thanks again everyone who answered my questions. I appreciate it.
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  #12  
Old 04-17-2019, 08:50 AM
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Shoot me a PM if you wanna talk more.
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Old 04-17-2019, 02:07 PM
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I did most of my EL work at a consulting firm. The variety of work, some of it not at all traditional actuarial stuff, has proven to be a massive benefit to me in my career. As long as there's reasonable support for exams, I'd say an opportunity to be exposed to a wide variety of experiences is totally worth it early in your career.

It's also likely to provide you with excellent time management skills, attention to detail, a plunge in the deep end on materiality, and great flexibility & adaptability - all of those become more and more critical skills as you progress.
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Old 04-17-2019, 02:23 PM
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Anecdotally it's the roughest form of actuarial consulting with not necessarily a lot of headroom. Even somewhere like WTW or similar isn't as bad.

If you get the job, you better make sure the pay is baller. The effort will be immense.
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Old 04-17-2019, 03:09 PM
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Pros - Pay is generally pretty good, hours outside of busy season are not that bad, it's very good experience that opens a lot of doors later on, which means that you will likely be working with some talented/smart people at entry level. You can become Partner with just an ASA if that's the route you wish to take

Cons - busy season can be brutal, starting out you are not going to know what you are doing and you'll be given a pretty good deal of work to complete with unreasonable deadlines. If you're team is cool & helpful then at the end of it you probably won't think it's too bad, but if you're team is not great then that will make the stress exponentially worse.

If you are interviewing with other entry level employees there take their temperature and gauge whether they hate their job or not. If you get hired just come in with a good attitude, ask questions, and write stuff down. You are expected to make mistakes
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Old 04-17-2019, 03:23 PM
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Originally Posted by HaloPewPew View Post
Pros - Pay is generally pretty good, hours outside of busy season are not that bad, it's very good experience that opens a lot of doors later on, which means that you will likely be working with some talented/smart people at entry level. You can become Partner with just an ASA if that's the route you wish to take

Cons - busy season can be brutal, starting out you are not going to know what you are doing and you'll be given a pretty good deal of work to complete with unreasonable deadlines. If you're team is cool & helpful then at the end of it you probably won't think it's too bad, but if you're team is not great then that will make the stress exponentially worse.

If you are interviewing with other entry level employees there take their temperature and gauge whether they hate their job or not. If you get hired just come in with a good attitude, ask questions, and write stuff down. You are expected to make mistakes
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