I just read an article at PaulTips on "How to get a job paying more than $100,000 a year"
As some of you may know, according to the salary survey, most actuaries make more than $100,000 a year after earining the designation and with 4 or 5 years working experience.
The 7 steps that Paul provided in the article sound solid and it may help you to reach the 6 figure salary in your actuarial career sooner:
- Choose the right profession (Ok, this is easy, we all want to be an actuary right?)
- Get a qualification in your chosen field (For college students, either you can get a degree with actuarial science like I did, or you can get a master degree of actuarial science before you join the workforce and continue to finish up all the actuarial exams)
- Choose the right location (Do you know that Hartford, CT and Des Moines, IA are the two cities with the most insurance company headquarters in the US?)
- Update and re-edit your resume
- Perform well at your interviews, and Gain entry-level experience at your profession. (That's the purpose of getting an internship in some actuarial-related companies. If you are still in college, having an actuarial internship gives you an edge to get multiple offers for full-time positions.)
- Take some risks to switch companies and positions
- Change companies and jobs again and again.
Also the articles "My 8 best negotiation tips" is a good read too (thanks to the Lifehack link), check it out if you have time.
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