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  #71  
Old 01-09-2020, 05:40 PM
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Lucy Lucy is offline
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Quote:
Originally Posted by ao fan View Post
okay, so this guy is a troll.
That hasn't been my impression of him to-date.
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  #72  
Old 01-09-2020, 06:01 PM
The_Actuarial_Borg The_Actuarial_Borg is offline
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Depends on the company, but in some you do have a lot of dead wood at the older ages. Basically people just counting the days till they can retire and take their pension. These types have not kept their skills current either, which makes it really hard to improve things at a company with these types.
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  #73  
Old 01-09-2020, 07:09 PM
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That's also a dumb use of the term "ok boomer"
<inviting an ok, boomer>There's a smart use?</Inviting an ok, boomer>
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  #74  
Old 01-09-2020, 07:17 PM
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<inviting an ok, boomer>There's a smart use?</Inviting an ok, boomer>
I was pretty satisfied with the one I did the other day when people were talking about having been on the AO since like 2001.
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  #75  
Old 01-09-2020, 07:23 PM
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re:the OP

In general, they don't.

If I were looking for a job (and I'm not), I wouldn't apply for one that says FSA or ASA with a minimum of 5 years experience, or recent FSA. I am an FSA w/over 40 years experience. Because that's the company saying that the particular job doesn't require all my "wisdom".

Now of course there's noise in an inefficient market - you'll find some old guy in a job that a younger person maybe could handle. Could be lots of reasons. But I'd expect that if that guy leaves, quits, gets fired, etc, that he would be replaced with someone cheaper if that works for that job. However, it is up to management to decide whether that's the case. Your evaluation of the situation (or theirs to be fair) could be wrong, but it's up to them.

I remember at one of my jobs, a young actuarial student complaining that the chief actuary makes way more money than he does and yet he (and other actuarial students) did all the work. No offense, but naive.

Finally my words of wisdom - you don't get paid what you're worth - you get paid what someone is willing to pay you. It's your job (should you care) to find, convince (fool?) somebody into doing that.
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  #76  
Old 01-09-2020, 07:26 PM
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I was pretty satisfied with the one I did the other day when people were talking about having been on the AO since like 2001.
That's a relief - I dodged that bullet. Although, I started on Compuserve Actuaries on Line, so long ago that I don't remember the year, but it was definitely last century.
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  #77  
Old 01-09-2020, 07:48 PM
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Vorian Atreides Vorian Atreides is offline
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Originally Posted by Arthur Itas View Post
Based on his body of work I know which way I'm leaning
downward?
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  #78  
Old 01-09-2020, 07:50 PM
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That's a relief - I dodged that bullet. Although, I started on Compuserve Actuaries on Line, so long ago that I don't remember the year, but it was definitely last century.
I fondly recall the days of getting on IRC through the University's server.

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  #79  
Old 01-09-2020, 07:57 PM
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I think some people realize they've gotta plateau somewhere. If it's at the individual contributor level, that's where it happens. I know someone who basically won't finish their exams since they believe management will give them more work and they're happy with their current role, salary, and work/life balance.

I have a better title than the 60 year old who shares a cube with me, he's still adding some value to his team else he wouldn't be around.
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  #80  
Old 01-09-2020, 08:42 PM
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Why do we pay old people to be managers when we could pay younger people less to be managers?

Why is your question focused on individual contributors?

Anyway, as others said, experience can be valuable.
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