Ha, total opposite for me. I’m ‘the expert’ that is brought in for very specific detailed situations but I prefer to leave the ‘general consulting’ to others.
It’s standard etiquette for folks here to give you at least a week before any kind of demo or enablement session - but somebody must be sleeping on the banking side these days because just this morning my boss('s boss; former boss) called me and was like “I have an urgent request. We need you to do an MRM demo at 12 PM. You know how to do that right?” It was 11 AM, it takes an hour to set up the demo, and I had neither bra nor makeup on.
Nailed it with only a couple of “well, I forgot what I usually say here… mumble mumble.. NEXT SCREEN” and “shit shit did that just say I need to download Flash player? DON’T LOOK AT THAT” moments.
That sounds cool. You got any openings. Asking for a friend.
I ran into a lot of experiences where I had expert knowledge on a topic from pricing experience on the carrier side and reviewing analyses done by people without any experience where it showed… and then similarly doing analyses where I had no experience other than making broad assumptions. But then you do 3 of those and now you’re “an expert” in cyber, D&O, property, etc etc
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It’s the great resignation - yeah we got openings.
6% raise + 20% (100% of target) bonus. Better than I was expecting to be honest.
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wtf 6%
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This f’n guy…
I’ve yet to hear mine 
I’m expecting a 2%-3% increase and around a 15% bonus, and I’m ok with that. There are some years I wouldn’t be ok with that, but for various reasons I’m satisfied currently.
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Great review, and company did great. If my bonus doesn’t impress me…
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I got promoted last year and our policy is no merits when you get promoted. My boss came Friday with my statement and I got a 9% merit. That was shocking as the merit for everyone rated a full on my team was 3.3% so I got much more than just the full rating. Also good for me a guy I am trying really hard to keep got 10%. I had really pumped him up for 2 or 3 months up the tree so that really helped me out a bunch. Also a lade I promoted last year got the 3.3% and a bigger bonus so she got rewarded as well.
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wtf, what is your merit system that someone can get 3x the average raise
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One time I got a massive raise that was multiples of the average raise. Like the average raise was 2.5% and I got 12.5%, IIRC.
I hadn’t technically been promoted, but I had taken on some new responsibilities and my raise was broken down into “merit” and “special” or something like that.
My comp had been a little low according to the DW Simpson survey (right around the 10th percentile… typically over after a merit increase and then under when the next survey came out then over at the next merit increase and so on), but it was a pretty low COL area by actuarial standards, so comp on the low side of the DW Simpson survey was to be expected.
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My understanding is that this year there was extra money company wide to give key team members on their merit. We are also getting ready to do some workforce reductions around the company so probably wanted to somewhat send the message that we really want you to be a part of our future.
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I think it would be more common to give crappy raises to the employees you are hoping to shake loose before undergoing a workforce reduction.
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I got 4.25%, compared to a company-wide merit budget of 3% (which has been the same merit budget my whole 7-year stint at the company). Separate from that, the company did an additional 1% across the board to mitigate inflation a bit.
My counterpart who managed another line of business is a recent ASA and got poached by a competitor. Don’t know what her new salary is, but my understanding through the rumor mill that she asked for a counter of $20K more to stay, my boss wanted to do it, but HR said no. It’s going to be fairly tough to fill that position. As a result, my boss made it clear that she really didn’t want me to leave and that our chief actuary is working with HR on market adjustments for credentialed folks. Curious what it’ll be – we had an earlier round of market adjustments in fall 2020 where I got 13% (5% for the market adjustment itself, plus 8% for a nominal title change promotion at the same time).
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what the hell
I have been getting 1-2% annual raises every year for the past decade, I doubt this year will be much different
I have been working for large health insurance companies my entire career (not sure if this makes a difference)
someone please DM the name of their company (or any company that has generous annual raises) so I know where to tell my friends to apply to
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It does. Health insurers, especially those heavily involved in ACA products, need to keep their overhead down.
You might get bigger raises if the staff were shrunk.
People who got promoted still got under CPI. We were already losing people. Senior management seems to be working on the the assumption we’re all going to be automated away.
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Ugh. This is my fear.