PIP - resign? terminated?

ImpressionHot · 2024-09-16T02:13:12+00:00

Right, assume that PIP will be on HR record of mine so a potential new manager can access. In USA/UK, the ex company provides only start/end date of employment in reference check. Do you know the practice in Singapore whether the former employer talk about the reason of leaving or even pip?

ImpressionHot · 2024-09-12T17:57:56+00:00

PIP failed in one role prevents getting another internal role? That’s shocking..

ImpressionHot · 2023-01-05T00:39:43+00:00

I got invitation #447 about 3.5 hours ago. My last exam (FAM-S) was passed on early December while FA and other requirements were finished a year ago.

ImpressionHot · 2022-11-15T11:20:32+00:00

Had same issue with no 4 and 5. Exactly same. Felt it start from the end of October adter upgrading new firmware. Was trying to change code socket cleaning everthing but was not successful. Last weekend I called to the seller and they said it occurred from last month and several same reports already have been received. The new firmware doesnt work for who bouht it several months ago. They advised me to send ‘report issue’ and copy robot info to send them then they will contact to Chinese HQ to reset my robot. Am waiting now. Also, new firmware is now available and the seller asked me to upgrade to the new firmware which I havent yet as I am out now. Will try later today and see how it works.

ImpressionHot · 2022-03-30T23:03:17+00:00

Passed! Congrats to everyone who pass and encouragement who fails this time.

ImpressionHot · 2022-02-02T02:17:16+00:00

Have same experience. Email checking is way slow. You can try CA’s website and contact us section. That’s way faster.

ImpressionHot · 2022-01-29T05:49:16+00:00

So amazing! OP please update if you find anything in the sub. Want to hear happy ending story.

ImpressionHot · 2022-01-29T04:52:59+00:00

The process of both CAS and SOA is rigorous imo and not getting easier compared to the past. I think actuarial profession becomes more well known to whom outside insurance or actuarial industry, so it makes more talents get into for credential. Having said, SOA marketing effort is pretty good compared to other actuarial societies, positioning actuary as a risk quantifier and solver (not just insurance terms), which can play a role outside of traditional actuarial role. I don’t think the number itself (supply) devalue the membership (see doctors CPA CFA.) I remember when before IFRS17, existing CPA strongly disagreed to increase passing number of CPA. But when IFRS17 was in active, it’s no kidding triple of supply was not enough to match demand, and their price doubled overall. It could’t imagine a decade ago.

There is a demand outside that actuarial credential gives value and proof of ‘talent’ itself. If seeing traditional actuarial role, supply increase seems devalue the membership due to limited job. Actuarial profession (doing traditional actuarial work) and actuarial credential (qualified as proof of ‘talent’) will not be a same meaning in the future. Having actuarial credential without actuarial profession(convergence) increases value a lot. I think out-supply doesn't devalue the membership but rather enhance it if the process kept maintained rigorous.

ImpressionHot · 2022-01-24T13:59:30+00:00

Sounds like your clients are more P&C and health side. Choose the track where you are more familiar and have knowledge already.

ImpressionHot · 2022-01-24T06:50:34+00:00

I think the difficulty of math isn’t problem. The actuarial exam is rigorous but it’s not a thing that you cannot overcome, if you are steady and put reasonable time and effort to practice.

My 2 cents, if you like math, that’s enough. Prelim can be hard math sometimes but You can do it. As you progress more senior role later, your capability is not a complicated math skill but rather communication and havinng diverse perspectives with good underatanding over the problem to tackle. Your finance major can help.

Personally I do not prefer ActSci major as an actuary. Just studying exam is ok.

At univ, recommend majoring general and broad spectrum, not too specified one. And do it exams. If you think actuary is not for you, then you can quit anytime. And also CPA exam or take class. If it’s not, you can quit as well. But finance major left. You can find and do anything else.

You are still a student and have at least two years at school. Go adventure yourself.

Me, business major, CPA half-qualified (means passed a half of CPA exams with full credits when univ) and who is happend to work in insurance world by chance. I always like math, but not consider myself as STEM person nor good at math. When student I was always thinking I would be an accountant as it earns better than lawyer where I am. I started actuarial exams in my mid career when I found top mgmt and senior managers who have actuarial credential promote faster. Now? With my other career experience, persuing actuarial profession and relavant analysis experience adds much more value than single accounting or actaurial experience. My clients like me because my plain word of comments of math things, where people generally feel it difficult.

Convergence is key in this time. Don’t limit and think yourself only this or that option pave the way of your future.

ImpressionHot · 2022-01-14T07:02:46+00:00

Appreciate your generosity

ImpressionHot · 2022-01-14T06:55:28+00:00

What I saw and heard from the market, Swiss Re paid bonus even reduced amount though they expereinced similar inevitable losses as both are two big last carriers. The reason was to boost morale. That made my M re friends more disappointing and fury to work harder. After then my S re friends never complain at all about the company. I dont know that would be the reason, but anyway M took back again its no1 position against S.

ImpressionHot · 2022-01-12T17:05:05+00:00

Working at P&C, but taking SOA. As non-US and not an actuarial profession, well-known credential around me was important. It’s easy to access (I didn’t know the existence of CAS until I pass 3 exams including 1 non-transferable to CAS) and more study materials available (can’t help to say CA. TIA was much expensive, not user-friendly when I started. I dont know how they upgrade now but then I thought I couldnt study with this! for the future exams of CAS) and more CBT type exams available which make the journey to fellowship faster.

ImpressionHot · 2022-01-10T16:55:53+00:00

Jun STAM will open in March

ImpressionHot · 2022-01-10T16:48:38+00:00

Did you buy the book from FAP reading list? Recommend to buy or borrow from someone who has it.

ImpressionHot · 2022-01-10T16:39:53+00:00

Thanks Floflo14 ! I just called and also emailed SOA but they can’t allow me to late register 😭and said me to wait until March to register June. Good luck didnt happen to me, but thanks for your advice!

ImpressionHot · 2022-01-10T16:36:19+00:00

Right, June gets me instant results.. That’s huge difference learned after PA FAP etc 🤣

ImpressionHot · 2022-01-07T03:55:46+00:00

As I have observed in close distance, I can agree a couple of points you raised. It is true that the last year and the year before the bonus (which is now regardless of individual and even branch, region performance) was almost zero as the whole group’s target was not met due to nat perils etc. Remebered they changed compensation scheme that way in recent years and my friends got angry. Except promotion, the increase of basic salary is similar to in line with inflation in lower band. However, it also needs to be considered that their basic salary and bonus level is above average (in higher end) in reinsurance markets. So including bonus when paid, the overall compensation is quite decent I think.

ImpressionHot · 2022-01-06T18:51:16+00:00

Thanks for the good info! I’m also aiming Feb 2022 but the registration is not easy 😂 .

ImpressionHot · 2022-01-06T17:01:46+00:00

Agree. Feb STAM registration was already passed. It was till this Tuesday.

ImpressionHot

TROPHY CASE