RM1500
now a day actuarial profession is over flooded in malaysia.3
3 to 5 papers also a lot jobless in the market.

insurance company don't really need that much actuarial staff,
because their work is just redundant & any admin staff can do it with 2 weeks training.
the work is also boring type, most of the staffs are just come to office to chill and relax, not much career improvement.
that's why a lot staff until age 30+ still work at executive level.

since you have completed the degree, there is no U turn already,
take up some sales job can earn even / far far better income.

very obviously you are the fresh graduate.
now a day although working hour is until 5.30pm, but in fact no staff dare to leave office at 5.30pm.
because doing so will make your bosses think that you are very free.
there is no such thing as "work efficiently" / "result oriented" in this world or at least in malaysia.
people will still measure you by working hour.

so to show they are performing staff, they tend to procrastinating their task,
or do their work less efficiently / slower in order to show they OT until very late.
in fact all their daily tasks can be completed with in 2 or 3 hours.

if you are not starting your sales career earlier,
you will be left behind by your friends that joined earlier,
by the time you want to join, your friends already progressed to Manager level
and earned big amount of money already, build a comfortable family, hold a grand wedding dinner.
that is quite late already.

please take note that is US, here is malaysia,
malaysia situation has changed a lot in recent year.

3k.. unless you are female with good looking face and presentable,
and the guy manager favorite on you,
else your chance is extremely slim.
putting too high expectation will make employer turn you down.

no, i'm not working in sales.
i'm just telling the real experience of my friends,
they are with 5 to 7 SOA passed papers.

internship is different story because that is your first time step into real working world,
during the 3 months period my interns join my team, they feel that what we doing is rocket science, because the things are so new to them..
but in fact to the eye of the actual staff, we are just slacking around only, nothing rocket science.
believe or not up to you.

by the way, honestly if you have a negative perception to sales,
even u joined the actuarial team, u will not be happy too..
because in a business, everything is related & work closely with sales & always need to think from the sales perspective.
don't ever think that you are actuarial mean u are higher on top of all the other department people.
actuarial department is just work as a support role for agency,
agency head is the top tier management in all malaysia insurance company that u can named it,
agency people will stress actuarial staff to come out some attractive product with low premium, high coverage amount.
on the other hand actuarial need to protect company profit, revenue & risk,
but actuarial department always turned out to be losing party due company value more toward agency department as they are the people bring in business not actuarial department.
when a product selling good, no one will praise actuarial,
when a product selling bad, actuarial getting all the blame for releasing a so high premium product & not competitive.

if dont believe, u can ask during interview,
how the organization chart, actuarial on top or agency on top,
how the work relation between actuarial & agency,
if u have negative perception to sales, it gonna bring u a lot trouble no matter which industry u go,

i see a lot people after step into actuarial field, then after 2 years die half way,
because they can't make any career progress..
just hope we dont see TS 2 years later come back open topic asking which industry should transfer to...

u asking here, so i give advice..
just hope 1 year later u dont come back open topic asking which industry should transfer to in order to earn more to cover living cost.

that is the problematic of fresh grad that all people harping now a day,
they just want to listen favorable advice, positive advice..
they tend to filter out negative advice or bias toward it..
hopeless... no wonder people always said "u need to learn it through the hard way"..
ok, go ahead...

This post has been edited by o0o0: Oct 10 2016, 06:00 PM

that is the problematic of fresh grad that all people harping now a day,
they just want to listen favorable advice, positive advice..
they tend to filter out negative advice or bias toward it..
hopeless... no wonder people always said "u need to learn it through the hard way"..
ok, go ahead...