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 Actuarial science career, Free Discussion

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H2O3
post Jun 27 2013, 10:37 PM

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i am agree with wat sekkee and gold connection say.
my ex roomate is making more than 6k per month at the age of 24. You can get faster increament by passing exam.

general insurance does not have enough qualified actuary, you can try to go for p&c track. Most of the general/reinsurance company outsource their actuarial function.
H2O3
post Jun 27 2013, 10:57 PM

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QUOTE(Pistachio Lim @ Jun 27 2013, 10:43 PM)
oic...but i prefer to specialize in finance or ERM XD
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what do you mean to specialize in finance or ERM? you still can be a life actuary by taking erm route
just a little advice for you,only those actuary work in insurance will have study program.
Do not expect to get increament or reimbursement in other industries such as banking.
H2O3
post Jun 27 2013, 11:36 PM

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QUOTE(goldconnection @ Jun 27 2013, 11:28 PM)
6K @ the age of 24?  A bit on the high side. I heard even if you pass a lot of papers upon graduation, you wouldn't get much different pay than you peers who pass fewer exams as starting pay kind of standard at entry level and starting pay only 2.5K - 3.5K for any graduates? Or he passed exam aggressively after joining workforce?
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entry level salary depend on paper u passed, i believe not much difference.
most fresh grad nowadays already gt 4/5 papers when they grad. My fren passed the fap and 1 felo level exam, i thk that already entitle him for more than 2.5k increament from passing paper.
H2O3
post Jun 30 2013, 10:20 AM

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QUOTE(jack~daniel @ Jun 28 2013, 07:59 AM)
actuarial science is not an elite course, only several universities offer that course which the entry requirement is low,...u dnt have to scare 4.0 in stpm in order to get into actuarial science...
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your statement is refer to local uni or private uni? any prove for this?

 

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