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Originally Posted by actuary
Which position get higher compensation in Singapore?
From some forum,I saw qualified actuary with 5 year experience can earn 7.5k.9k if working in consulting firm. But I asked a chief actuary.He said 150k including bonus would be more likely to be someone with 10exp,which is also quite low compared to figures in hays asia salary survey.He also said fellowship actuary can promote to chief actuary or CRO probably in the long run.
Actuaries with full qualifications can promote faster than risk management in IB?
For risk management in IB, some said you can earn 200k when you reach AVP position.While I don't know how many years experience does this position required.But if a person enter this field with average talent and performance,can he reach VP or SVP with 20+exp?
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Qualified actuary needs many years of studying for cert. You either can do it or cannot.
Risk management in IB is relatively easy to reach 200k - 2-3 years if you are really good, maybe 4-5 years if average. But to get into risk in IB for bulge bracket is very hard because of competition.