Risk surveyor in insurance industry

Originally Posted by treasure

Wow... tks for the positive input... Can you share more on the "better prospect and area of development"?

Better prospect / development =
1) Higher pay and more stable environment ( Need to write report now instead of production target / schedule)

2) Treated as an engineering professional instead of an mfg enginner (you need to be technical sound since you will be treated as a techncial expert)

3) More training in other areas - H&S, other industry, power, etc

4) Oversea exposure (Down side is need to travel often)

5) Can move on to other roles throu' job rotation within company

To get high pay means you need very specialised and niche skill such as knowledge in nuclear plant, tunnelling, mining. Read as high risk = high pay in very hazardous working environment.

Company S rumoured to give up to 6 months bonus by a recruiter.

[treasure]

Originally Posted by Unregistered

Better prospect / development =
1) Higher pay and more stable environment ( Need to write report now instead of production target / schedule)

2) Treated as an engineering professional instead of an mfg enginner (you need to be technical sound since you will be treated as a techncial expert)

3) More training in other areas - H&S, other industry, power, etc

4) Oversea exposure (Down side is need to travel often)

5) Can move on to other roles throu' job rotation within company

To get high pay means you need very specialised and niche skill such as knowledge in nuclear plant, tunnelling, mining. Read as high risk = high pay in very hazardous working environment.

Company S rumoured to give up to 6 months bonus by a recruiter.

Tks bro, for all your valuable input. u still in this industry?

Hi, i would like to know more about this career as well.

I'm in my mid 30s with engineering degree, i was offered the risk surveyor job by a broking firm (non-jap). Pay is a fresh grad pay of 3k which I took it; in consideration that I do not have relevant insurance qualifications and experience. I am just thankful that there is a company who is willing to consider a mid career person and train the person.

Would like to ask the experienced who are in this line: In addition to chalking up hours of practical experience in risk engineering, what would the other qualifications that might assist in this career development such as ACII, ARM? What are the other channels that can help value add too?

Hope to hear from fellow peers. Thanks!

Originally Posted by Unregistered

Hi, i would like to know more about this career as well.

I'm in my mid 30s with engineering degree, i was offered the risk surveyor job by a broking firm (non-jap). Pay is a fresh grad pay of 3k which I took it; in consideration that I do not have relevant insurance qualifications and experience. I am just thankful that there is a company who is willing to consider a mid career person and train the person.

Would like to ask the experienced who are in this line: In addition to chalking up hours of practical experience in risk engineering, what would the other qualifications that might assist in this career development such as ACII, ARM? What are the other channels that can help value add too?

Hope to hear from fellow peers. Thanks!

Super bad mistake to take up a 3k pay job in your mid 30s. This industry is all about connections and not about qualification.

You better start to do serious business network entertaining, if you dun survive in this industry your next job even back in engineering will be <4k. Seriously a very very bad move.

Congrats to a good move. Financial services is quite stable in singapore.My guess is u r with company j? Acii is a must have for career mobility and marketability in this line.you could move to claims,underwriting,or even broking. After ur acii(at least 2 years to complete), then u decide on your next move. Double your pay is achievable.

total newbie here. What's company j? Is it a great company?

Originally Posted by Unregistered

Congrats to a good move. Financial services is quite stable in singapore.My guess is u r with company j? Acii is a must have for career mobility and marketability in this line.you could move to claims,underwriting,or even broking. After ur acii(at least 2 years to complete), then u decide on your next move. Double your pay is achievable.

ACII is standard cert equivalent to a CFA in investment banking, getting that is expected and in no way helps to double the pay as you seem to imply.

Anyway even if he manage to get all the relevant certs, do all his network etc double pay in a few years by that time is just a pathetic 6k for a 40 year old guy. It is never wise to take up a job that pays below fresh grad level when you are mid career, puts you at sever disadvantage which most people cannot recover.

why not share your career success and your earnings since 6k is considered pathetic to you?

Originally Posted by Unregistered

Anyway even if he manage to get all the relevant certs, do all his network etc double pay in a few years by that time is just a pathetic 6k for a 40 year old guy. It is never wise to take up a job that pays below fresh grad level when you are mid career, puts you at sever disadvantage which most people cannot recover.

i dun really understand why change career means must cheapen yourself until getting pay lower than a fresh grad. even if experience not directly relevant, i will expect pay cut at most to 4.5k if i am already mid 30s.

Originally Posted by Unregistered

i dun really understand why change career means must cheapen yourself until getting pay lower than a fresh grad. even if experience not directly relevant, i will expect pay cut at most to 4.5k if i am already mid 30s.

Sometimes is poor negotiation skill. He may just want to get out of engineering fast and employer sense his desperation & gullibility during interview so sweet talk him about future pay prospect to make him except sub par pay. Most entry risk surveyors in big firms are demanding >3k anyways so why not get a cheaper and more exp worker if possible.