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Old 12-28-2017, 05:06 PM
Kicks Kicks is offline
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Default Stopping at ASA

I have about 3.5 years of experience and am a new ASA.

My long-term (5-6 years from now) goal is to manage a team in a business analytics role (like, revenue-analytics at a place like Nike or AmEx or Walmart) or go into a pharmaceutical-focused role (like, some kind of business-y role at a place like Pfizer or BMS). I am able to work on projects that will give me good, relevant experience for these roles, and I'm trying to decide if an FSA will make me a more attractive candidate once I'm ready to make the leap.


Pros of Obtaining FSA:
1. Current company doesn't have great job security. Average tenure is probably 3 years. Getting my FSA will give me actuarial options if I get canned and this whole plan gets blown up
2. As far as I know based on these forums, there is a slight chance that my FSA will be valued in my target job

Cons of Obtaining FSA:
1. Current company doesn't really value FSA. So, if I stay, it'll more or less be a sunk cost
2. I'm already working 60+ hours a week, and finding time to study is a big commitment for the next couple of years
3. As far as I know based on these forums, there is only a slight chance that my FSA will be valued in my target job

I've thought about getting an MBA, but it does not make sense financially for me. And I've ruled that out.

I guess my question is to those of you who stopped at ASA. Did you feel it slowed down your career progress and your opportunities? If you ever looked outside of actuarial into other roles, was the ASA helpful or did you feel like an FSA was required (or both were useless)?

With the prelims offered so often, my gut tells me that it's pretty much FSA or bust at this point.

However, I figured I'd ask to see if anyone else has been in this position.


Thanks.
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  #2  
Old 12-28-2017, 05:48 PM
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If you don't want to be an actuary, don't pursue actuarial credentials

/thread
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Old 12-28-2017, 10:28 PM
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If you want to be an actuary, get your FSA, if you don't, waste of time.
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Old 12-29-2017, 12:29 AM
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Agree with the previous posters.

The CPA/MBA route is much better suited to the goals youíve described. Iím not sure what your ASA has contributed toward that goal... would not pursue FSA.
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Old 12-29-2017, 01:24 AM
Kicks Kicks is offline
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Thanks, everyone. Looks like my path is clear.

Long story short, I needed a couple years in a traditional actuarial role before I decided it wasn't me. And by that point, I was a couple of modules away from ASA.
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Old 12-31-2017, 06:46 PM
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http://www.actuarialoutpost.com/actu...ghlight=career

contains some thoughts about career ASA. Mostly related to staying in actuarial as an ASA.
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Old 01-14-2018, 06:18 PM
rhoucag rhoucag is offline
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We all stop at some point. Stopping at ASA is just more visible. Some stop at not managing people, some stop at VP, some stop at CEO. Just a matter of cost/benefit.
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Old 01-16-2018, 10:06 AM
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Nobody outside actuarial is going to give you fat paper for being an FSA.

Other fields would snicker and be like "lol ur 29 here's $60k"
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Old 01-16-2018, 10:20 AM
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Quote:
Originally Posted by mathmajor View Post
Other fields would snicker and be like "lol ur 29 here's $60k"
r u srs
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