base pay is about $2,400 (if you do not have any actuarial exams, or if the company does not reimburse you straight up for your IOA/IAA exemptions)
end 2008: starting pay was $3,300 (i have passed Exam P/1 and Exam F/2 and am an overseas graduate) 2009: no promotion/increment (bad financial situation), remain at $3,300 passed Exam MLC/3L and MFE/3F: $3,600 2010: no promotion, token increment to $3,672 2011: passed FAP-IA: $4,122 no promotion, token increment to $4,251 doesn't look like i will be a millionaire any time soon, now, does it? |
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Co-Op ENGR STUDENT
I'm gonna go with the Engineering as highest paid, heck I'm only a co-op student and my base salary is 5K, I have another year left of schooling.
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qualified actuary experience
As a qualified actuary from the UK, I was offered a role in Singapore in 2010 with a salary in the region of 150k p.a. while this seemed a lot, once I had factored in things like accomodation and schooling for my kids, the salary swan't as inviting.
Actuaries, even fairly junior ones, can make significantly more money in the UK just now due to EU regulatory change. Once that dries up I'll look again at Singapore. |
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The most pathetic pay of all professional is enginering which is why nowadays fewer ppl choose engineering for their tertiary education ,u can see the trend now every youngsters jumping to finance and banking ..
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