Job Title : Vice President
Job Desciption : Actuarial – P&C
Years spent in company : Just started
Company : Insurance company
Industry : Insurance
Employment Level : Vice President
Experience before joining : More than 10 years
Highest paper qualification/ education background : Master’s + Fellow
salary : USD 200k + 30-50% bonus + stocks & options
Location: Lower Manhattan
Actually this is not the best offer I received. Another insurance company in Boston offers me more, but I turned them down because money is not my main concern. The scopes and responsibilities of the position are more important, the potential for future opportunities in NYC is way better.
Something I find interesting in this post is that some people here say they are Executive/Sr. Executive level, and I start wondering do we have a different definition of what Executive means. Executive level in my understanding is people above me, probably earning millions a year, with at least an Executive VP title. And I don’t make this up, if you go to global recruiters hiring Executive level people, they are looking for at least USD 300-500k base plus all sort of bonuses/stocks which can stack up to million.
May I knoww whether you started in Malaysia or has it always been overseas for you? Correct me if I'm wrong but I believe Actuarial in Malaysia is not so competitive, but are the long term opportunities worthwhile?