Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Careers - Employment
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

DW Simpson Global Actuarial & Analytics Recruitment
Download our 2017 Actuarial Salary Survey
now with state-by-state salary information!


Reply
 
Thread Tools Search this Thread Display Modes
  #681  
Old 09-15-2018, 11:10 PM
dkamka's Avatar
dkamka dkamka is offline
Member
CAS SOA
 
Join Date: Jul 2010
Location: basement of SOA (Schaumburg)
Studying for Predictive Analytics& FAP
College: Roosevelt University Alumnus '10
Favorite beer: Jawa Juice
Posts: 475
Default Lots of exam, education but no experience

Hi all, I was not fortunate enough to work an internship in college because I had not passed exams until after graduation. Working full-time almost 9 years in IT.

I passed all prelims and VEEs. Studying for SRM/PA exams.

How do I qualify for a job? I apply to so many, but had only 1 interview after passing my 2nd and nothing since. What do you think the problem is? Any advice?

I'm seriously thinking of starting CFA exams to gain entry into a financial career which I hope in turn would make me more qualified from an actuarial hiring manager's perspective.
__________________
Introductory I: Economics | Accounting & FinanceFM | P
Introductory II: IFM | Mathematical Statistics
Actuarial: LTAM | STAM | SRM
Advanced:FAP, PA
Seminar: APC

Last edited by dkamka; 09-15-2018 at 11:15 PM..
Reply With Quote
  #682  
Old 09-16-2018, 08:45 AM
nonlnear nonlnear is offline
Member
Non-Actuary
 
Join Date: May 2010
Favorite beer: Civil Society Fresh IPA
Posts: 29,848
Default

Quote:
Originally Posted by dkamka View Post
I'm seriously thinking of starting CFA exams to gain entry into a financial career which I hope in turn would make me more qualified from an actuarial hiring manager's perspective.
That is a terrible reason to do CFA exams.

How long have you been applying? How many applications have you sent? What is your application response rate? How far in the interview process did you get?

If you have sent lots of applications and only gotten one callback, and have lots of exams and years of IT experience, odds are your resume sucks. That is way easier to fix than taking overpriced CFA exams.
Reply With Quote
  #683  
Old 09-16-2018, 10:20 AM
KernelMustard's Avatar
KernelMustard KernelMustard is offline
Member
SOA
 
Join Date: Aug 2015
Posts: 637
Default

Quote:
Originally Posted by nonlnear View Post
That is a terrible reason to do CFA exams.

How long have you been applying? How many applications have you sent? What is your application response rate? How far in the interview process did you get?

If you have sent lots of applications and only gotten one callback, and have lots of exams and years of IT experience, odds are your resume sucks. That is way easier to fix than taking overpriced CFA exams.
Actually not that terrible. I work in investments and my firm specifically looks for CFA Level I passers. Not my choice, but that's what the firm looks for.
Reply With Quote
  #684  
Old 09-16-2018, 11:58 AM
nonlnear nonlnear is offline
Member
Non-Actuary
 
Join Date: May 2010
Favorite beer: Civil Society Fresh IPA
Posts: 29,848
Default

Quote:
Originally Posted by KernelMustard View Post
Actually not that terrible. I work in investments and my firm specifically looks for CFA Level I passers. Not my choice, but that's what the firm looks for.
Just because CFA exams signal something rather than nothing doesn't mean they are where dkamka's efforts are best spent.
Reply With Quote
  #685  
Old 09-16-2018, 12:12 PM
Westley's Avatar
Westley Westley is offline
Member
 
Join Date: Nov 2001
Posts: 27,496
Default

I took "financial career" as meaning he would apply for a job at a bank or something. Which is a long circuitous path to actuarial and not worth the effort IMO. If he meant as a way to get an actuarial job in a financial unit, then Mustard's advice is relevant.
Reply With Quote
  #686  
Old 09-18-2018, 07:08 PM
dkamka's Avatar
dkamka dkamka is offline
Member
CAS SOA
 
Join Date: Jul 2010
Location: basement of SOA (Schaumburg)
Studying for Predictive Analytics& FAP
College: Roosevelt University Alumnus '10
Favorite beer: Jawa Juice
Posts: 475
Default

Not looking for non-actuarial work. I have other actuaries telling me I have enough exams at this point and CFA is better for actuaries who are going the investments route.

I was given advice to start networking more and meet with actuaries about the career who could later lead to getting an interview or potential job opening. Seems like LinkedIn is my best bet?
__________________
Introductory I: Economics | Accounting & FinanceFM | P
Introductory II: IFM | Mathematical Statistics
Actuarial: LTAM | STAM | SRM
Advanced:FAP, PA
Seminar: APC
Reply With Quote
  #687  
Old 09-19-2018, 12:34 PM
Dr T Non-Fan Dr T Non-Fan is offline
Member
SOA AAA
 
Join Date: Sep 2001
Location: Just outside of Nowhere
Posts: 92,727
Default

Only thing I can add to that is that they're pretty freaking expensive, though they do not seem too difficult. CFA 1 is a watered down version of old Course 6, for example. I was looking into it several years ago during a potentially transitioning phase.
If someone were to pay for them, you should definitely try them.

You'll also need some Finance/Financial markets/Investment experience, and your Actuarial background may or may not suffice.

We should probably create a sticky thread for advice on the CFA exams and career.
__________________
"Facebook is a toilet." -- LWTwJO
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 08:58 PM.


Powered by vBulletin®
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.17515 seconds with 9 queries