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 Let's Talk Salary v9, Sharing Thread

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hwchew86 P
post Nov 13 2022, 01:19 PM

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Joined: Nov 2022
Stumbled upon this thread and since I got asked this a lot so might as well do this anonymously.

Job Title : Chief Actuary
Job Desciption : Whatever deemed actuarial
Age : 38
Years spent in company : 10
Company : -
Industry : Insurance
Tenure : Permanent
Employment Level : Management
Experience before joining (years) : 4
Highest paper qualification/ education background : Actuarial fellowship
Location : KL
Average Working Hours Per Week (incl lunch hours): 40+

Basic Salary + Fixed Allowance : RM48k
Performance: 3-5 mths
Flexi Working Hours: Partial

Now let’s be clear, to succeed in this field you will need a lot of hard work and perseverance (9-12 professional exams, average pass rate of 30-40%, recommended 150-200 study hours per exam), technical and soft skills that set you apart from your peers at each level unless you have connections (at entry level every year hundreds if not thousands of graduates fighting for just a few openings), and a LOT of lucks which means your hard work may not always pay off. I consider myself one of the lucky ones. But then if you don’t confine yourself to Malaysia, there are a lot of international opportunities especially if you are qualified.

So consider yourself warned.


 

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