View Full Version : Anyone looking for a P&C actuarial job???
fywdyl
03-04-2014, 12:26 PM
Or know of anyone job searching? Send me a PM.
CloudPump
03-04-2014, 12:50 PM
Tempting... but I do like what I do...
-Geoff
Prezi
03-07-2014, 04:34 PM
fywdyl I'm interested. I'm also actively job searching.
fywdyl
03-07-2014, 05:19 PM
fywdyl I'm interested. I'm also actively job searching.
Prezi, pm me for more info. Do you have a resume that you can send me?
m_bisson
03-07-2014, 06:48 PM
How much does it pay?
Salary + bonus? Or (salary + bonus)?
greyseason
03-07-2014, 10:02 PM
Protection and control?
iconicrocket
03-07-2014, 10:54 PM
think its property and casualty.
Zotaga
03-08-2014, 12:07 AM
Property and Casualty (P&C) Insurance
In addition to life insurance companies, there are a large number of companies in Canada that offer P&C insurance. Whereas life insurance covers risks associated with human mortality and morbidity, P&C insurance is focused on risks that result in loss to property and possessions. Some examples of this include:
Auto insurance, which covers losses to individuals and property due to accidents and other unforeseen events
Home insurance, which covers damages to residences and property resulting from severe weather, fire, theft, and other perils; as well as liability to third parties from the action of the insured
Commercial insurance, which covers similar risks as home insurance, and may also include coverages such as business interruption insurance
Marine insurance, which covers losses to shipping vehicles
Professional liability insurance, which covers losses to a professional’s clients arising from errors or omissions.
There are numerous other insurance types provided by a P&C company.
Most P&C insurance is annually renewable, so actuaries practising in this area measure risks over a relatively short time horizon, in contrast to life insurance actuaries who must assess exposures lasting several years into the future. However, in P&C insurance, the amount of the claim will not be known, sometimes for several years, as may be the case with liability insurance. Again, this is in contrast to life insurance, where the amount of insurance (and benefits) is often defined contractually. As a result, P&C actuarial training is very specific. The vast majority of P&C actuaries have written exams offered through the Casualty Actuarial Society, which specializes in topics related to P&C insurance.
The actuarial functions within a P&C company mirror those of a life insurance company. Actuaries are heavily involved in the ratemaking function, which is analogous to product pricing in the life insurance industry. Actuaries also play prominent roles in the reserving and financial reporting functions.
Approximately 10 percent of the CIA’s members are employed in the P&C practice area.
- See more at: http://www.cia-ica.ca/about-us/actuaries/what/pc#sthash.OVnhJtP3.dpuf
think its property and casualty.
iconicrocket
03-08-2014, 12:15 AM
bottom line is.... how much do you get paid, hours/week, bonus, benefits and vacation time....
Compensation and workload etc...
Zotaga
03-08-2014, 02:52 AM
Usually for a person that is out of a job and living in a time where jobs are scarce, the income potential is a moot point so long as you're employed..
If I was hiring a person, I would not hire the person whose first question was "so, how much do I get and when's my vacation".. that's taboo..
Should you get an offer, that's when you're supposed to negotiate those details like a true professional.. doing it anytime before then is pretty amateur.
bottom line is.... how much do you get paid, hours/week, bonus, benefits and vacation time....
Compensation and workload etc...
peterm15
03-08-2014, 04:07 AM
Thanks for the explanation zogata.
This kind of career is well above my scale (im a contractor) although something I would probably enjoy. Its still nice to know what it actually is as its been bothering me and google didn't really help.
Wisecraker
03-08-2014, 10:27 AM
Usually for a person that is out of a job and living in a time where jobs are scarce, the income potential is a moot point so long as you're employed..
If I was hiring a person, I would not hire the person whose first question was "so, how much do I get and when's my vacation".. that's taboo..
Should you get an offer, that's when you're supposed to negotiate those details like a true professional.. doing it anytime before then is pretty amateur.
He was just curious because it's a forum member promoting the job. As am I. A friend of mine is interested in this job and info on it is scarce. I don't blame him for wanting to know this info for a job on a forum board (I really appreciate it though OP). Can there be one thread without someone trying to teach a university lecture on the subject?
Wisecraker
03-08-2014, 10:33 AM
Also your right. In general I would not talk about money until you get a job offer, good advice ;)
Jenuine
03-08-2014, 10:40 AM
Usually for a person that is out of a job and living in a time where jobs are scarce, the income potential is a moot point so long as you're employed..
If I was hiring a person, I would not hire the person whose first question was "so, how much do I get and when's my vacation".. that's taboo..
Should you get an offer, that's when you're supposed to negotiate those details like a true professional.. doing it anytime before then is pretty amateur.
There's nothing wrong with asking about how much it pays. What if someone's making $30/hour but this job pays $20/hour? That's something you'd wanna know right away so that you don't waste anyone's time.
Wisecraker
03-08-2014, 10:53 AM
There's nothing wrong with asking about how much it pays. What if someone's making $30/hour but this job pays $20/hour? That's something you'd wanna know right away so that you don't waste anyone's time.
Ya, I can see that. I guess it's just up to you. Depends on the situation.
Zotaga
03-08-2014, 12:22 PM
Your point is somewhat irrelevant because if you're considering changing jobs then you're not wasting your time.
And if you do get an offer that is lower than what you're hoping for, you can always negotiate and work out something that works for the both of you.
If you want no chance at a new and exciting opportunity, then go ahead and ask for the salary, vacation, bonuses, etc. upfront.. lol.. see how far that gets you.
With me, you would get a nice "110" on the top of your resume.. guess what happens when you put a slash inbetween the 1's :P
There's nothing wrong with asking about how much it pays. What if someone's making $30/hour but this job pays $20/hour? That's something you'd wanna know right away so that you don't waste anyone's time.
Zotaga
03-08-2014, 12:24 PM
Don't rule yourself out. Have some confidence! You can always receive training, go to some workshops, and learn the job and be very good at it.
Contact the OP and ask for a detailed job description and ask him any questions you may have about the opening. That's a lot easier than Google :P
Thanks for the explanation zogata.
This kind of career is well above my scale (im a contractor) although something I would probably enjoy. Its still nice to know what it actually is as its been bothering me and google didn't really help.
Jenuine
03-08-2014, 02:23 PM
Your point is somewhat irrelevant because if you're considering changing jobs then you're not wasting your time.
And if you do get an offer that is lower than what you're hoping for, you can always negotiate and work out something that works for the both of you.
If you want no chance at a new and exciting opportunity, then go ahead and ask for the salary, vacation, bonuses, etc. upfront.. lol.. see how far that gets you.
With me, you would get a nice "110" on the top of your resume.. guess what happens when you put a slash inbetween the 1's :P
You always have something to say about everything... lol.
But really, this is a forum, not an interview. Common sense dictates that you don't ask about salary information at the start of an interview when you haven't been hired yet. However, there's nothing wrong with asking a fellow tm3 member about salary information. It's something I'd wanna know if a friend was promoting it because if a job pays $10-20k less than I'm making now, how much negotiating power is there? Plus, these days asking about money isn't so taboo. I get job offers on Linkedin all the time and before I even say anything, the recruiter/employer tells me salary info and that allows me to analyze whether or not I'm even interested.
S.F.W.
03-08-2014, 02:35 PM
Agree with Jenuine. When I post jobs people often ask me for the pay range. When I am recruited for other positions pay range is the second or third item discussed.
Lmmorden
03-08-2014, 02:50 PM
Perhaps it is commission based... A good hiring manager knows all too well that they are also the interviewee.. It is a 2 way street.. I for one would not want to work for someone who is not upfront about what does the job entail and what I will get for doing it... If a prospective employer is not forthcoming with this you can pretty much bet their interest is in their pocketbooks and not employee satisfaction..
fywdyl
03-08-2014, 05:26 PM
How much does it pay?
Salary + bonus? Or (salary + bonus)?
Well played sir, well played.
Honestly, I'm not sure what the salary expectations are as I'm not a recruiter or whatever, it's for 2 positions on my team.
Ballpark... the JR position would be anywhere from $50K-$70K depending on experience, SR position would be anywhere from $80K-$100K depending on experience.
Sorry to burst your bubble guys, it's not really an entry level position. For the JR position USUALLY people graduate with 2-4 exams already and have some familiarity with the insurance industry.
fywdyl
03-08-2014, 05:41 PM
bottom line is.... how much do you get paid, hours/week, bonus, benefits and vacation time....
Compensation and workload etc...
Honestly man, if I was hiring, I wouldn't hire you because you failed to follow simple instructions. Send me a PM.
fywdyl
03-08-2014, 06:21 PM
fywdyl is trolling again
Nah man, the positions are real. I'm doing like 3 ppls work right now, haha.
But you know its for an experienced position I saw p&c amd thought President's Choice. Sign me up I get free cookies
fywdyl
03-08-2014, 06:32 PM
But you know its for an experienced position I saw p&c amd thought President's Choice. Sign me up I get free cookies
You get paid in PC points, not money.
m_bisson
03-08-2014, 09:40 PM
How are you hiring for a position that pays 100k? You must make like, 200k. Plus bonus!
Why cant he hire for a position that pays 100k?
Zotaga
03-08-2014, 11:35 PM
LMAO.. iconicrocket.. out for the count. NEXT!
Honestly man, if I was hiring, I wouldn't hire you because you failed to follow simple instructions. Send me a PM.
Flagrum_3
03-09-2014, 12:30 AM
Thanks for the explanation zogata.
This kind of career is well above my scale (im a contractor) although something I would probably enjoy. Its still nice to know what it actually is as its been bothering me and google didn't really help.
If it's the actuarial I'm thinking about, it's about major number crunching and the last time I heard to be certified in it takes like 7 years of post graduate to achieve.
-I may be mistaken though.
_3
m_bisson
03-09-2014, 07:11 AM
Why cant he hire for a position that pays 100k?
How can he know if a candidate is suitable without knowing the job itself? And if he knows the job well enough to hire for it, why not work it?
How can he know if a candidate is suitable without knowing the job itself? And if he knows the job well enough to hire for it, why not work it?
He knows the job and is currently working it
fywdyl please post the experience/education requirements if not I'm locking this. People can PM you for compensation package as you originally asked even though you seem to have already provided a range
iconicrocket
03-09-2014, 11:31 AM
Honestly man, if I was hiring, I wouldn't hire you because you failed to follow simple instructions. Send me a PM.
Wasn't looking for a job.... already have one.
iconicrocket
03-09-2014, 11:48 AM
Honestly man, if I was hiring, I wouldn't hire you because you failed to follow simple instructions. Send me a PM.
Honestly, If I was your manager, I would fire you.
I was commenting on your thread so you would put a little more details in your thread, to help you get more responses and a good discussions going.
Didn't it occur to you that if I was interested or looking for a job I would have PM you? Are you trolling?
If he was/is it has worked on you
fywdyl
03-09-2014, 12:50 PM
Honestly, If I was your manager, I would fire you.
I was commenting on your thread so you would put a little more details in your thread, to help you get more responses and a good discussions going.
Didn't it occur to you that if I was interested or looking for a job I would have PM you? Are you trolling?
Thanks for your questions, but there have been PMs already and details were provided through PMs.
Lock her up loki, if ppl have to ask what P&C actuarial is, then that's already enough of an indication of suitability.
Again, PM if interested, I've already posted enough details a couple of threads prior.
P.S. You'll never be my manager, nice try.
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