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  #101  
Old 01-15-2015, 10:45 PM
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Originally Posted by Canadiens Fan View Post
To be honest, I don't think this number of exams passed is that big of a deal (choice between a few grand or a few more months of freedom).
If you extend my example to FSA as well as assume the person with more exams will take them slightly faster, this will be quite a large difference. Of course, not everything is based on exams but the speed that you pass them will be extremely important.

Regardless if you take the exam now or later it will still take up your freedom. Again, the idea of not taking an exam while the material is being taught in an AS classroom is beyond me. You're saving lots of time and lots of money just doing it then.

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  #102  
Old 01-15-2015, 10:50 PM
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I was referring more to the lower salary trajectory that the candidate with more exams has to start out on rather than the cost of exam registration and study materials.

Given a base salary of $45k (which doesn't take into account past exams) and a raise of $2k per SOA preliminary exam, the candidate with four exams prior to getting hired ends up with $47k when he has all the prelims passed, whereas the candidate with two exams ends up with $51k. These numbers are all based on companies that I have come across in real life.
But the person with more exams will also get the FSA exam raises earlier and those are usually more than prelim raises
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  #103  
Old 01-15-2015, 11:00 PM
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Not really, many companies don't pay you a salary based on the number of exams you have passed in the past. They do give you salary raises and bonuses based on the exams that you pass while you're with them, so there is value in delaying passing exams before getting hired.
False.
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  #104  
Old 01-15-2015, 11:38 PM
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But the person with more exams will also get the FSA exam raises earlier and those are usually more than prelim raises
This.
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  #105  
Old 01-16-2015, 08:30 PM
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pass no more than 4 exams


theactuarial.com/actuarial-job/
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  #106  
Old 01-16-2015, 08:54 PM
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omg that's a real website
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  #107  
Old 01-16-2015, 08:55 PM
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omg that's a real website
Not mine!

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