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#1
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![]() People who are working on those designation are also working on the pension area. Do they get similar pay as people who on SOA designation? Thanks!
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#2
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![]() QKA is a 401(k) specialist. I don't know about the others.
I don't know anything about their compensation.
__________________
If I weren't out here every day battling the white man, I could spend the rest of my life reading, just satisfying my curiosity—because you can hardly mention anything I'm not curious about. — Malcolm X |
#3
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![]() On average and other factors being the same, no. However, in consulting, technical ability isn't necessarily the most valuable skill to have.
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#4
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![]() SOA actuaries? How big the difference would be?
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#5
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![]() My boss (who has a CPC) has essentailly told me not to bother with QKA, QPA or any other designations besides EA and what comes with it (e.g. designations for joining ASPPA). Maybe you'll look more valuable if you're switching jobs.
There's no reason for an EA to get a QPA - it's the same as a QKA with a DB test (which you should be passing!). |
#7
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![]() What do you mean by" not doing true actuarial work"? Do you mean that people who are working on those ASPA designations are not doing real actuarial work? I'm a little confused.
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#8
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![]() Quote:
The EA will suffice as long as you work for small employers or if you are a rainmaker (and if you are your employer won't care about an actuarial designation bc you won't actually need to sign anything). The ASA will suffice if you work in non-traditional areas and/or do not need to sign a Schedule B.
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I am a scientist. I am sorry to disappoint you but I have never seen an elf or a troll. But who am I to exclude their existence? - Arni Bjoernsson You are stupid and evil and do not know you are stupid and evil. ... Dumb students are educated stupid. - timecube.com Usually while I'm reading, I'm actually thinking about...midgets riding toy horses - Roto |
#9
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![]() Thank you for your reply. It's very helpful. Do you happen to know the compensation for people who are working on benefit plan administration designations? i know pension actuaries are well compensated. But how about pension administrators?
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#10
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![]() Quote:
Oh, and IMP, it's ASPPA now. They're not all claiming to be actuaries anymore. ![]() |
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