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  #31  
Old 04-19-2019, 04:16 PM
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Quote:
Originally Posted by dukelampard View Post
How does having a family lower rent?
not sure if sarcastic but i think dr.t was referring to candidates with parents in the area... so free rent (i.e. their parents pay for housing)?
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  #32  
Old 04-19-2019, 04:17 PM
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Quote:
Originally Posted by dukelampard View Post
How does having a family lower rent?
I mean, family that already lives there. Moms, dads, aunts, uncles of the candidate. People already paying mortgage (or not anymore) or rent and will whether the candidate lives there or not.

I do not mean wife and children.
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  #33  
Old 04-19-2019, 04:18 PM
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ninja'd by that much <small distance between thumb and index finger>!!
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  #34  
Old 04-19-2019, 04:26 PM
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Quote:
Originally Posted by hostess View Post
not sure if sarcastic but i think dr.t was referring to candidates with parents in the area... so free rent (i.e. their parents pay for housing)?
It was an honest question.
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  #35  
Old 04-19-2019, 04:26 PM
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Quote:
Originally Posted by Dr T Non-Fan View Post
I mean, family that already lives there. Moms, dads, aunts, uncles of the candidate. People already paying mortgage (or not anymore) or rent and will whether the candidate lives there or not.

I do not mean wife and children.
Oh ok. I read it as wife and children, so I was confused.
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  #36  
Old 04-19-2019, 04:51 PM
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Originally Posted by Colonel Smoothie View Post
I've been getting a lot of Bay Area carrots being dangled my way by people on the inside (not random recruiters), at a few multiples of my salary. Looks like they are willing to relocate people as well.
"few multiples"
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  #37  
Old 04-19-2019, 04:54 PM
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It seems I misunderstood as well. I thought he meant having a spouse already working here so we had to pay rent whether I worked or not. If it's just parents/ relatives then I will be applying anywhere instead of limiting myself to the Bay Area.
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  #38  
Old 04-19-2019, 05:00 PM
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Originally Posted by dukelampard View Post
Oh ok. I read it as wife and children, so I was confused.
Upon rereading, I can see how it is confusing.

Just to make sure about clarity: I don't think the companies actively look for candidates with low-rent family ties to the area. They set the salary, and only those with low-rent family ties will be able to accept the salary.
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  #39  
Old 04-20-2019, 08:32 PM
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I also heard that in California, there are people leaving the actuarial profession for coding bootcamp or grad schools to become software engineer and data scientists which may pay more than actuaries and have no pressure to pass exams.
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  #40  
Old 04-20-2019, 09:35 PM
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I would think that if you have the skills to be an actuary, and you live in the Bay Area, you should not become an actuary.
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