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 Salary guide, Actuarial job

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TScocobean
post Oct 31 2011, 07:34 PM, updated 15y ago

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Anyone knows the salary range for an Entry-Level Actuarial role? Thanks!! hmm.gif
HaoYuan
post Oct 31 2011, 10:40 PM

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My cousin is 2.5k as starting salary in great eastern
debbieyss
post Nov 1 2011, 01:07 AM

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QUOTE(HaoYuan @ Oct 31 2011, 10:40 PM)
My cousin is 2.5k as starting salary in great eastern
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Give it 5% increment every year, 10 years your cousin can get RM3500. Unless he/she changes job.
ivanswk
post Nov 1 2011, 09:46 AM

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if 10 year doing acturial and get 3.5k, can go and bang wall already nod.gif
52kitkat
post Nov 1 2011, 09:49 AM

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QUOTE(debbieyss @ Nov 1 2011, 01:07 AM)
Give it 5% increment every year, 10 years your cousin can get RM3500. Unless he/she changes job.
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Actuarial shouldn't be this low bah...?...
Hitmanz
post Nov 1 2011, 10:11 AM

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starting is always low no matter what job. no experience who wanna give high salary
MamulaMoon
post Nov 1 2011, 10:22 AM

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QUOTE(52kitkat @ Nov 1 2011, 09:49 AM)
Actuarial shouldn't be this low bah...?...
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All Actuarial ppl i know got 5-digit a month (in RM).....

Why your cousin got so low salary one? doh.gif doh.gif





Hitmanz
post Nov 1 2011, 10:26 AM

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QUOTE(MamulaMoon @ Nov 1 2011, 01:22 PM)
All Actuarial ppl i know got 5-digit a month (in RM).....

Why your cousin got so low salary one?  doh.gif  doh.gif
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did you read properly? he said "starting salary" the people you know all work for how long already?
jason18689
post Nov 1 2011, 02:26 PM

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Any opening jobs for actuarials currently?
TScocobean
post Nov 1 2011, 02:45 PM

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QUOTE(jason18689 @ Nov 1 2011, 02:26 PM)
Any opening jobs for actuarials currently?
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As for junior level without related experience I haven't see any yet. I've sent my resume directly to ask for possible position but no one reply me wink.gif

paradisey
post Nov 1 2011, 04:55 PM

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QUOTE(MamulaMoon @ Nov 1 2011, 10:22 AM)
All Actuarial ppl i know got 5-digit a month (in RM).....

Why your cousin got so low salary one?  doh.gif  doh.gif
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did they sit the actuarial professional exams?
SUSfattchoi
post Nov 1 2011, 06:41 PM

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what actuarial working field?
Hitmanz
post Nov 1 2011, 08:51 PM

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all so rich T.T
pikkidok
post Nov 1 2011, 09:15 PM

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If you have a bachelor degree in Acturial Studies or Actuarial Science..your starting pay is already RM4k

If you have full qualifications from the Institute of Actuaries, your pay will be easily above RM15k

Not everyone can study actuarial studies. Probabilities and complex statistics are more difficult to learn than engineering maths.


PhakFuhZai
post Nov 1 2011, 10:32 PM

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depends on how many professional paper u have sit during your uni year

this career emphasizes very much in the number of professional papers u have passed, degree is so not important in this field

once fully qualified (they named it as associate or fellow), salary at least rm20k+++
TScocobean
post Nov 1 2011, 10:42 PM

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well, still need to get the job first. Not easy to get the entry level job in this field.
Hitmanz
post Nov 2 2011, 04:21 AM

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QUOTE(cocobean @ Nov 2 2011, 01:42 AM)
well, still need to get the job first. Not easy to get the entry level job in this field.
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where did you graduate from ?
PhakFuhZai
post Nov 2 2011, 06:49 AM

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QUOTE(cocobean @ Nov 1 2011, 10:42 PM)
well, still need to get the job first. Not easy to get the entry level job in this field.
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quite a yes, coz freshgrads from this field are becoming oversupply, particularly those only with a degree but without any professional paper

for a start, work in other field first, then take your personal time to study for the exams
jason18689
post Nov 2 2011, 01:03 PM

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QUOTE(cocobean @ Nov 1 2011, 02:45 PM)
As for junior level without related experience I haven't see any yet. I've sent my resume directly to ask for possible position but no one reply me  wink.gif
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hmmm.. But i wonder how fresh grads get a job then..
Its so hard huhh..?

QUOTE(pikkidok @ Nov 1 2011, 09:15 PM)
If you have a bachelor degree in Acturial Studies or Actuarial Science..your starting pay is already RM4k

If you have full qualifications from the Institute of Actuaries, your pay will be easily above RM15k

Not everyone can study actuarial studies. Probabilities and complex statistics are more difficult to learn than engineering maths.
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Are you really sure with that bolded part?
What about a freshie which holds a Masters on Actuarial.?
pikkidok
post Nov 3 2011, 06:15 PM

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QUOTE(jason18689 @ Nov 2 2011, 01:03 PM)
hmmm.. But i wonder how fresh grads get a job then..
Its so hard huhh..?
Are you really sure with that bolded part?
What about a freshie which holds a Masters on Actuarial.?
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It depends on how relevant your degree is to the professional papers.
Some degrees have more exemption than others. RM4k is the minimum for fresh. If you have a good degree, starting pay could be RM6k.
Full papers easily 15-20k and more

but then again. you need to have a background to enter. You can't be an actuary trainee without any papers. 99.9% of people do not have the ability to an actuary






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