I want to go to NYC ideally
The NYC area has the most actuaries of any area in the US so that geographic constraint isn’t much of a constraint
I think it was like 3½ weeks between offer and start date, and the timing was driven by waiting for bonuses to be paid out. The only times I’ve waited longer between offer and new job were my EL job (got offer around spring break, started a week after graduation) and employer #2 (offer came about a month before exams; started the Monday after exams).
Heck, my start date for employer #4 actually had to be pushed back a couple of weeks, because we were surprised when employer #3 didn’t escort me out upon giving notice.
Does this happen much in actuarial? I wouldn’t mind the free two weeks vacation but I thought that was more of a sales thing?
Most hiring managers are going to be viewing you as entry level due to only having a year and a half of work experience. I know you think you aren’t entry level, but you are still really green and need a lot of tempering before you’re going to be useful. However, that can work for you as I assume you are open to a broad range of potential positions and not pigeon holed into working with a specific product or location or something. This time of year is also probably a good time to be looking as well. We are past the time that most graduating college students are applying for jobs but positions still need to be filled. This means you are a slightly experienced potential hire competing against raw recruits who didn’t make the cut at graduation. If I was you, I’d be expecting a four to six month job search from first application to starting day at the new company. The company I work for has at least 5 open jobs (I didn’t look that hard) for your level of experience right now so I’m guessing there is no shortage of positions in general and you can be picky.
Depends on what they think you know, and how much damage they think you’ll do.
I’ve heard of people getting marched out after they made idle threats to computer models and network files. I’ve heard of people getting escorted out because they were moving to a competitor, and they didn’t want the person poaching other employees on site.
Clearly I need to be more menacing in the lead up to my next giving notice. I’ve never even been hinted at being escorted out or anything of the sort.
If you work for the Big 4, they usually ask you to leave right away if you have significant client contact.
I do not, although I am in consulting. My group’s lead left a few months ago and he wasn’t made to leave early, although he made a pretty significant switch.
The risk as about whether the person can manage to take business with them. The higher up you are, the more likely.
In my case, I was one of 4 people who were making moving from the old employer to the new employer (there was subsequently some legal action due to the accusation of poaching). The other 3 were escorted out immediately, as they were in more sensitive or external-facing positions.
I, on the other hand, was a relatively junior nobody. I didn’t expect to be asked to leave because of my function, but more due to contagion from the other departures and the fact that I had rotated into that position only two weeks prior to my giving notice.
(I was contacted by company #4 via a former teammate from company #3 for a position that reported to a former boss from company #3 the day before I rotated at company #3. I wasn’t thrilled with where I was landing with the rotation, so it moved very quickly.)
Yea that makes sense. At my company I am in effect “entry level with a little experience” based on my job title. Most of the jobs I have been looking for have a minimum requirement of 2 exams and an internship, so I feel like I am qualified for those. There are some pre-ASA roles, but I am not sure if I know enough to take one of those on, or would even get one anyway.
In general, when I say switch jobs, I mean stay within the same specialty, as opposed to switching to something different (i.e. Pension to health, etc.). I have always assumed that the vast majority stay within the specialty they are initially hired into. Would staying within the area I am in make it longer? So when you are saying 4 to 6 months above, that is assuming I stay in the same specialty I am in right now, like most people?
In my opinion, and I am quick to point out it is worth all of the internet points you paid to get it, staying in your same area may speed up the process but I doubt it will matter. You only have 18 months of experience. If I was a hiring manager and looking at your resume, I’d only be interested in the technical skills you have obtained and I’d assume that I’d have to provide you with more learning in order to be where I want you to be. You simply do not have enough experience to be any sort of subject matter expert.
But when I think of specialty, I think of people who have worked in group health pricing for 10+ years. I know a woman who has been individual rate filings for nearly 20 years. It would be hard for her to move to a group pricing team because she would be competing against other experienced candidates who have ample experience doing group pricing stuff. If she wanted to make that move, it will take her longer to find a manager that is willing to take a “risk” on her having what it takes to be successful in group pricing. Because you have so little little experience, you don’t present that kind of risk as any hiring manager is going to expect to have to put significant work into you to get you experience.
In rereading this, it sounds like I’m being really hard on you and telling you that you’re not good at what you do. That isn’t the case at all. You are just young to your career as we all were at one point. I remember applying for a management position after I’d been working for about three or four years. I had all of the technical skills for the role and I even got an interview. The interview went fine but looking back I was very naive with the answers I gave and that was due solely to a lack of experience. I’m sure I would have done okay in the role but it would have taken a lot of work to get me where I needed to be in terms of many of the management functions. They passed me over for a different candidate who was less technically able but more experienced, rightfully so.
That is comforting to a certain extent, in the sense that I do not currently feel like I am useful. I would say most of my time at work is spent doing
-stuff my superiors/more experienced people don’t want to spend time on
-general spreadsheet work
-nothing (end up studying)
We are in the same boat a.s.
Move. I am 32 and some recruiters informally suggested to switch jobs soon (by October I think).
TBH, my first choice isn’t switching but resigning right now as I need time to fix personal duties and my ideal time to move is December.
Same boat in what respect?
I have 2 years of experience in this consulting company and my time at work is spent doing stuff my superiors don’t want to spend time on and programming. Actually I have off-work study sessions.
I’m not sure, it seems in line with what snake is saying
This might be an opportunity to expand into some kinds of work that you want to do. For example, you could work on improving process X in some way that lets you learn more, and starts to create a job there that is tailored to the kind of work you want to do.
This is the flip side to them not having enough for you to do. There is some anxiety but also freedom.
Your ability to do this will depend on the particulars of your situation. You may not be able to.
And even if you are it might still be prudent to look for other jobs too.