New job opportunity in NY

ACTUARIAL TRAINEE
To work with actuary doing analysis of
data as well as some data entry. Work-
ing knowledge & experience with Excel
& Word. $20K's. Fax to: 212-308-4545.

[WWSituation]

No offense, but I don't know anybody entering the actuarial field who would work for 20K. I know few professionals in any field, for that matter, especially in New York, who would work for that.

There is a salary survey at

http://www.dwsimpson.com/salary.html

that should give you a sense of what actuarial students are getting. Good luck.

$20,000??? I think QuikTrip starts their assistant managers off at about $7,000 more than that. Better remove "actuarial" from the description & replace with "secretarial."

[Weatherman]

Maybe the first exam raise is 20k too.

[Mr. Grim]

I am sure secretaries in NY make more than that. Should replace with migrant worker.

$20K? That would've been a good actuarial trainee starting salary back in 1985 for the Tupelo, MS region.

If this job is in Manhattan, maybe they mean $20K a month!

[slam]

I happened to notice that ad also. I was very surprised by the low pay. I agree, it really sounds like a secretary.

As far as $20K a month (I'm in NYC), I should be so lucky!

[mememe]

What's the going wage for a career actuarial analyst in NYC? By career analyst, I mean one of those calculators that live in a cube farm and never write exams.

[Minerva]

In the Midwest, we have a position like this (also similar non-actuarial technical analyst / math positions). Minimum is 30 - 35 (depending on level of complexity).

We are not known for overpaying - have a compa-ratio just under 1.0.

Therefore, unless it's part-time, probably not going to get a math person for 20s, especially in NY.

I was going to comment that our minimum pay for mail delivery (one of our lowest paid positions) was a little over 20, but in the last few weeks that has become hazardous pay.

From my experience doing pension valuations, I can tell you that $20K is bank teller compensation, even here in the South, where companies are not necessarily known for paying support people well.