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



Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 06-13-2007, 12:48 PM
independent1019 independent1019 is offline
Member
 
Join Date: Feb 2007
Posts: 528
Question OVER TIME at insurance comp and consulting firm?

Is it true that Consulting firms make you work lot sof over time compare to insurance companies? And you usually make up for the exam hours that you took after the exam?
Reply With Quote
  #2  
Old 06-13-2007, 12:53 PM
JMO Fan's Avatar
JMO Fan JMO Fan is offline
Member
SOA AAA
 
Join Date: Sep 2001
Location: out in the woods
Favorite beer: Frostop Root
Posts: 5,025
Default

That's a common tale from consultants. I've worked for several of each, and found it to be true.
__________________
I thought this WAS a real job
Reply With Quote
  #3  
Old 06-13-2007, 12:53 PM
Westley Westley is offline
Member
 
Join Date: Nov 2001
Posts: 27,326
Default

Both statements are overly general and not necessarily representative of a specific firm/company.

Both statements are generally true when looking at the entire market in the aggregate, IME.

This has been discussed a lot, so you might search some of the old threads if you want to get more details.
Reply With Quote
  #4  
Old 06-13-2007, 12:56 PM
DW Simpson DW Simpson is offline
Site Sponsor
Site Sponsor
 
Join Date: Sep 2001
College: Yes
Posts: 18,626
Default

Quote:
Originally Posted by Westley View Post
This has been discussed a lot, so you might search some of the old threads if you want to get more details.
http://www.actuarialoutpost.com/actu...6&postcount=25
Reply With Quote
  #5  
Old 06-13-2007, 02:05 PM
actexp actexp is offline
Member
 
Join Date: May 2005
Posts: 2,148
Default

Quote:
Originally Posted by independent1019 View Post
Is it true that Consulting firms make you work lot sof over time compare to insurance companies? And you usually make up for the exam hours that you took after the exam?
Agree this is general perceptions, but companies do vary. Certain functions in insurance companies also could require OT, particularly finance type functions that have cyclical crunch times.
Reply With Quote
  #6  
Old 06-13-2007, 02:08 PM
notmyfriends notmyfriends is offline
Member
 
Join Date: Apr 2007
Location: Formerly Hamilton, Ontario
Posts: 35,957
Blog Entries: 9
Default

a lot of it has to do with what city you are in, also, on top of the ins vs consulting thing. if you work right in places like new york or chicago or toronto, and so on, you're likely going to work a lot more overtime than in places like des moines or erie... or so the story goes...
__________________
100%100%100%100%100%
Quote:
Originally Posted by Abstract Actuary View Post
with respect to the person who does the happy honey to me
Reply With Quote
  #7  
Old 06-13-2007, 02:27 PM
Take 2's Avatar
Take 2 Take 2 is offline
Member
SOA AAA
 
Join Date: Sep 2001
Location: second estate
Favorite beer: Hires Root
Posts: 5,033
Default

General samples, sizes, & statistics on study time don't mean much to an individual at a consulting firm. I certainly wouldn't avoid a great job just because it's consulting. Just be aware that the study hours, schedules, and programs/philosophies vary, and make sure you understand the expectations (and they accept yours) before you take an offer.
__________________
there is no situation so bad that
getting upset won't make it worse
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 11:13 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 0.25662 seconds with 7 queries