r/actuarial

NYC salaries seem low
▲ 24 r/actuarial+1 crossposts

NYC salaries seem low

I was looking at a Munich Re job posting which was looking for a ASA 4 YOE candidate paying 140-160, let’s call that 150

doesn’t that seem kind of low? my company (LCOL, not Des Moines) pays 120 for ASA 4 YOE; you’re telling me NYC will only give you a 30k premium?

that entire difference would pretty much be eaten up by rental costs alone (I pay $1500 vs nyc’s $3500, ballpark)

what am I missing here? why would anyone work in New York?

u/Accomplished-Mud3085 — 5 days ago
▲ 5 r/actuarial+1 crossposts

I’m planning to sit for SRM in 3 months.

I’ve tried using ACTEX before for other exams and found it a bit too dry to stay engaged while working full-time. I’m looking at the Coaching Actuaries (CA) full bundle, but the price tag is over $1,600+.

Questions for the group:

  1. Is the $1,600 CA price tag worth it? I think I’ll need the videos to refresh my understanding of the concepts (it's been a while since school). The bundle is over $1,600, and I find it a bit sketchy that CA doesn't seem to share any sample videos for SRM. It’s a huge investment to make without knowing if the teaching style actually works for me. Has anyone used the SRM videos recently? Are they actually "high production" and helpful for a visual learner, or just someone reading slides?
  2. Consistency/Motivation: How do you stay disciplined after a long day of work?
  3. The Qualitative Trap: With a heavy math background, I’m worried about over-calculating and missing the conceptual "trap" questions. Does CA prepare you well for the qualitative side?

My plan is a "2-1" split: 2 months of learning and 1 month of Adapt. Any tips for someone balancing a fulltime job and the SRM exam?

reddit.com
u/lydiawawa — 10 days ago