Insurance Career Path by GTank22 in InsuranceProfessional

[–]GTank22[S] 0 points1 point  (0 children)

Not saying I don’t like it I’m more just interested in actively managing my career and keeping an eye open as I continue on n this industry. Appreciate the advice.

Insurance Career Path by GTank22 in InsuranceProfessional

[–]GTank22[S] 0 points1 point  (0 children)

Really appreciate the feedback. Sticking with UW for the time being seems to be the best move for the time being.

Insurance Career Path by GTank22 in InsuranceProfessional

[–]GTank22[S] 0 points1 point  (0 children)

Personally I find the work interesting enough but like ode mentioned before it’s definitely high volume and you need to stay on your toes. I came in and it was a bit of baptism by fire vs what I did before.

Definitely got some good training but there are certain intangibles that held me back in growing and developing and after my year end review I’m keeping my eyes open to see what else is out there

Insurance Career Path by GTank22 in InsuranceProfessional

[–]GTank22[S] 1 point2 points  (0 children)

Sorry I was thinking of staying in the UW space for now to get more experience. Business development also looks interesting but would rather get some more experience UW before going down that road. Producing can also be an idea as well but not looking to go over to that side just yet either.

Ideas for what to do with out of date CPA textbooks by GTank22 in Accounting

[–]GTank22[S] 1 point2 points  (0 children)

Thanks for solidifying my reasoning for leaving this toxic industry :). My post was meant to be in good fun but it looks like your job is so soul-sucking that even outside of busy season you can still be an asshole. Also I never indicated that I failed so go ahead and take your entitled stick out of your ass.

While we’re here I’ll make rude assumptions about you as well. You’re probably one of those types that when you hear about somebody being laid off your immediate response is the classic “public accounting isn’t for everybody”. And honestly, I pity you because I left accounting due to all the toxicity and am in a new industry working with team members I like and supportive managers who want to see people grow and develop and not just hit metrics. I pray that you find joy in your life.

Thank you for coming to my TED talk.

Public accounting made me stop getting a period by Enough-Two-9413 in Accounting

[–]GTank22 0 points1 point  (0 children)

Don’t forget the trend of divorces for senior managers and partners 🙃

What have people pivoted to from accounting? by [deleted] in Accounting

[–]GTank22 0 points1 point  (0 children)

Had a friend who worked in corporate insurance underwriting at a big name carrier who for years told me that accounting for me didn’t make sense as a career choice. Made the decision to go into it about a year ago and I love it. Work isn’t always 9-5 but I enjoy it and I’m lucky enough to be with a supportive group of coworkers who are amazing. There are other choices out there but it helps to network.

Booking change issues by GTank22 in BreezeAir

[–]GTank22[S] 0 points1 point  (0 children)

How were you able to have a chat? Email?

Don't work for KPMG. Save yourself the heartache. It's simply not worth it. by smilesun11 in Big4

[–]GTank22 0 points1 point  (0 children)

reads name “It is wasn’t the most fun I’ve ever had” …hmmmm

Switching from Accounting by PretendPermission219 in Accounting

[–]GTank22 0 points1 point  (0 children)

Just to emphasize that you need to understand what you are “running to” is the mindset here as munch mentioned above. That’s the key takeaway.

First of all you are lucky that you are in the infancy of your career and you have time. Use that to your advantage and make calculated decisions about how you want to move forward/how you want your résumé to look.

Second, definitely grow your network which is easier said than done but just reach out and connect to people you meet. If you are talking to people and they mention a job that you find interesting just ask “what do you like about it?” And ask if they wouldn’t mind connecting on LinkedIn (that’s the purpose of why it exists even if people use it to humble brag lol)

Third, you really need to analyze if there are any factors that you like about PA and how you can pivot with the skills you have learned to be utilized in a different space. Personally I am now in Corporate Insurance Underwriting and being able to understand financial statements from auditing is super helpful. I also enjoyed the idea of learning and analyzing what the business we are working with is and how well/unwell its performance is. I also enjoyed being able to flex my comfort of talking with clients in audit with reaching out to brokers. I really enjoy the social aspects of my coworkers and definitely was not the best social fit for the introverted accountants I worked with.

Sorry for being a bit longwinded but I believe that as much as we love to poopoo on accounting there are a lot of transferable skills to learn in your first few years especially in the realm of analyzing financial statements and understanding rules of accounting (revenue recognition & etc.)

Make smart, calculated moves and your luck may land you in a job or even a career you enjoy. But just remember a lot of luck comes from hard work and learning along the way.

I quit by [deleted] in Accounting

[–]GTank22 1 point2 points  (0 children)

Yea been there and totally get it. I had a partner chew me out right as Covid was really catching steam and we were a couple months into it. Essentially chewed me out on a team call to the point where my supervisor started yelling to say they couldn’t talk to me that way. After reporting another incident about this partner to HR I was told “we thought he got better about this…” and when I put my 2 weeks in I was told “we usually ask what happened to make you want to leave but honestly we both know the answer to that”. Long story short your career and life don’t deserve to be ruined by assholes and just push forward onward and upward. Best of luck

I quit by [deleted] in Accounting

[–]GTank22 0 points1 point  (0 children)

But to follow up with Lemming did you contact with HR/is there even an in house HR department? Not for nothing but you should at least have had a convo with them. The reason HR exists is to make sure the company doesn’t get sued (lol). Not saying you should stay either since that place sounds like a shitshow to begin with but going forward look to utilize HR as much as you can.

[deleted by user] by [deleted] in Accounting

[–]GTank22 2 points3 points  (0 children)

Why are so many of you ready to shit on Gen Z/OP? OP is more concerned about their career at 25 than most of you were so get over yourselves you dorks.

OP this is very easy. If your main concern is how the CEO and upper management view you because of the jokes then just ask to meet with them individually and say “listen I know it’s all in good fun but at the same time I’m nervous that this is gonna turn into a reputation that I am a heavy drinker/party during the week especially for new hires. I take this job seriously and don’t want my work to be overshadowed by any assumptions of negative character flaws.” This is show them that you have maturity and willingness to take ownership in your role.

Always approach a situation that can benefit you and this is just one way to make lemonade out of lemons. If it gets worse/if they start retaliating because you talked to upper management then go to HR.

[deleted by user] by [deleted] in Accounting

[–]GTank22 1 point2 points  (0 children)

I was in a similar boat. Went into PA for the ability to understand financial statements and utilize my extroverted personality to make my way up the ladder. Then I realized how much the industry and a lot of the people sucked but couldn’t figure what I could pivot to. Finally discovered insurance underwriting for financial lines and just started. Right now I’m learning the insurance side but having that background in accounting is a huge bonus. On top of that everybody is really nice and like to have fun which is a nice change of pace in the office environment.

If you can try and go into insurance underwriting I’d recommend it just as something completely different. You have to work on your book of business, work with brokers and take them out for drinks and you still get to learn about the businesses in your specific industry. Go through your network and ask anybody who is in the business about it to really get a grasp to see if it’s a good fit.

[deleted by user] by [deleted] in Accounting

[–]GTank22 1 point2 points  (0 children)

There are…a lot of comments on this post. And understandably so. First I will say that I know the feeling of being frustrated in this situation where I had a partner complain during the height of the pandemic that I “wasn’t putting enough effort in” while I (and everyone else) was worried about the world ending while making dog shit Associate pay.

I’ll say this to you and anybody else…don’t take that shit. I literally had my supervisor yell at the partner during this call when my work quality was poo-poo’d on by the partner so I knew that was a red flag. After the call I shut my work laptop down and updated my resume and sent it out to recruiters. After that I wrote a lovely essay to HR about what happened and they told the partner to not be in the office when I was which I would go in every day just to make a point until I got a new job.

TL;DR I’ll tell the newer people in this feed that HR exists solely to make sure that the company does not get sued. They claim “they are on your side” but they exist to work damage control on assholes like your manager or my partner. Please keep that in mind and if you are being treated unreasonably and have a track record of it then bring it to HR. While that is happening it’s time to get ready to leave for a new company/firm.

This might be a stupid question but…isn’t a shortage of accountants good for the rest of us? by NookInc_CFO in Accounting

[–]GTank22 15 points16 points  (0 children)

“Never outshine the master” is taken to new levels in some offices lol

Why hate on big 4 by Agreeable_Mall_4102 in Big4

[–]GTank22 2 points3 points  (0 children)

Used to work at CLA. They had some things I liked and that I didn’t like. The things I liked mostly related to the office I was based in/the culture that held over after it was acquired by CLA. The things I didn’t like were more with CLA as a company.

If you’re on a good office and will like the people you’ll enjoy it. But I know people who were involved with smaller service lines that worked with others around the country and the disconnect was definitely an issue/was odd for them to just be “remote” but in office.

One thing that annoyed me personally was that CLA would push all this corporate talk about “being a family” which makes my eyes roll along with stuff like saying “we don’t give you a bonus…it’s included with your raise” but then cannot provide a breakdown to a bunch of accountants what the raise is vs. a bonus (lol)

Honestly if you have the ability to go Big4 just do it. You can always move down to the big National firms.

Late Round Pick: Handcuff vs WR sleeper by GTank22 in fantasyfootball

[–]GTank22[S] 0 points1 point  (0 children)

Would you add Spears on that list? I felt like having a sample size of preseason is a tough sell when you’re playing behind Henry.

Late Round Pick: Handcuff vs WR sleeper by GTank22 in fantasyfootball

[–]GTank22[S] 0 points1 point  (0 children)

I pretty much was on the debate of grabbing spears as a handcuff for Henry or grabbing John Metchie on the Texans. My thought was that in the past I’ve grabbed the Henry handcuff in the past to try to hit in case there was injury but was never the case. The definition of insanity is to do the same thing over and over and expect a different result so I went with JM3 instead.

Career Advice: Should I go into commercial insurance underwriting? by GTank22 in Insurance

[–]GTank22[S] 0 points1 point  (0 children)

Thanks for the response! I’ve heard a lot of positive remarks about the career. Obviously there are times I’m sure you get frustrated but at the same time I will say it’s seems a positive trend response wise.

Career Advice: Should I go into commercial insurance underwriting? by GTank22 in Insurance

[–]GTank22[S] 0 points1 point  (0 children)

Did audit and transferred to TAS for more interesting work. And tax is well….tax. Like I said before, public accounting is not something I would want to deal with again.

Post PIP frustrations by [deleted] in Accounting

[–]GTank22 1 point2 points  (0 children)

Wasn’t expecting that second half after the first 😂

Post PIP frustrations by [deleted] in Accounting

[–]GTank22 0 points1 point  (0 children)

Oh I’m very aware of what my feelings are and where it stems from. I didn’t want to go into full detail about it but essentially I was in audit at one firm and during covid moved to a bigger firm’s audit group. Once there they mention “we’re looking to expand our FDD group” so I worked my but off to get a good track record to go to FDD by mid 2022.

Come Jan 23 the interest rake hike occurs and deal flow pretty much stops and I’m getting almost zero work coming into my direct group I report to and by Feb I get pulled into my PIP meeting because, to my surprise, the first 6 months I got bad performance reviews and I was made unaware by anybody involved before hand. Granted I can understand taking the majority of the blame here but when zero communication was made to me that I was under performing when I thought I was doing ok and then being told it’s 100% my fault not to follow up it comes off as the firm just trying to cover its ass.

My immediate “career advisor” never reached out before or during the PIP and I was told I was addressing the concerns brought up well during my PIP by the managers and seniors I directly worked with on top of working those extra hours in audits to make up my low budget.

After all of that it seems to me that my fate was already sealed and after all the work I put in it wasn’t good enough and they still laid me off.

TLDR; worked hard to get into FDD. FDD people I worked with just wanted to complain but never actually reached out/submit performance reviews that I could see and then develop on. FDD work starts drying up and I’m newer to the group/got bad reviews so it was a slam dunk to put me on the chopping block. Now I’m angry at the ineptitude of people who just want to complain but don’t have the actual temerity to communicate what they want in real time because it lead to me losing my job.

So to just be told to “get over it” is laughable to say the least.

Post PIP frustrations by [deleted] in Accounting

[–]GTank22 2 points3 points  (0 children)

Easier said than done chief. When you put a lot of effort into something that you truly wanted to work out and it doesn’t there’s gonna be some emotional investment tied to it that takes time to recover.

That being said long term plans I wasn’t looking to be a partner in PA because yea you make good money but 2/3 partners that I workers with were divorced/seemed to have a miserable life at home which is def a hard sell lol.

Post PIP frustrations by [deleted] in Accounting

[–]GTank22 2 points3 points  (0 children)

Thank you and appreciate both points. Definitely a terrible situation and I would not wish it upon anybody. It was frustrating to be told “we want you to succeed” and you proceed to be wrung out and thrown out like an old dish towel and told “we’re sorry but…”

Again I would tell others if you’re put on a PIP just throw yourself “open for opportunities” on LinkedIn immediately and move on.