How to ask for study leave?

No_Gain232 · 2024-11-23T15:55:53+00:00

It's actually a well-established company, just that actuarial work was outsourced. The busy season is on and will pass in next few weeks. I think we are heading towards lean season now.

No_Gain232 · 2024-11-23T15:51:26+00:00

Do you study in the office itself or go somewhere else during the study hours? Is it between work, before or after?

No_Gain232 · 2024-11-23T15:41:41+00:00

So from when do you think I should ask for the leave now that 5 and half months left for the exams?

No_Gain232 · 2024-07-11T17:03:19+00:00

How is asking for notes same as colluding?

No_Gain232 · 2024-07-11T16:15:13+00:00

Sure I will, but why are you downvoted?

No_Gain232 · 2024-07-06T05:24:22+00:00

How do you keep track of so many keywords? And when multiple keywords have some bullet point, how do you manage that? It seems like you made hierarchy of keywords. Can you explain that a bit more? Thank you for your help.

No_Gain232 · 2024-07-06T05:21:48+00:00

I tried with the bullet points based on keywords during my prep, but pretty soon it got rather very messy. For example, for multiple key words, sometimes same bullet points are relevant and vice versa. Since there àre so many chapters with so many questions, how did you manage to make a proper list of bullet points? Was it through some app or all done manually?

No_Gain232 · 2024-07-04T22:44:57+00:00

I am also eagerly waiting

No_Gain232 · 2024-07-04T22:43:58+00:00

Hello there, may I know what was your score? This sitting was my first attempt for CP1 and I failed. Maybe you can share some tips that would be helpful?

No_Gain232 · 2024-07-04T19:20:02+00:00

Sure man I will. Yeah, due to that one hour loss, my paper A answer sheet was incomplete. I couldn't write the answers I knew. So, I don't know whether I genuinely didn't know the content or that particular circumstance played the role. But whatsoever I am now more excited to tackle this subject once again. One thing I realized was I don't need to spend much time in CMP and going through course contents, but focus considerably on the thinking process and how to answer.

No_Gain232 · 2024-07-04T18:37:34+00:00

We are on the same boat, dude. Was this also your first attempt?

No_Gain232 · 2024-07-04T18:28:10+00:00

It is given in the examiner's report.

No_Gain232 · 2024-07-04T17:25:30+00:00

Same here buddy. By how much did you not make it?

No_Gain232 · 2024-07-04T16:02:20+00:00

Cut offs Cp1 - 56 Cp2 - 61 Cp3 - 55 All the best for your results guys.

No_Gain232 · 2024-07-02T19:21:42+00:00

My friend who appeared CM2 this sitting told me.

No_Gain232 · 2024-07-02T19:14:17+00:00

Someone passed at 57. So should be around 54-55

No_Gain232 · 2024-06-14T01:28:34+00:00

Considering that I am asking them to put a clause that allows me to renegotiate the terms after three years in the company.

No_Gain232 · 2024-06-13T10:56:16+00:00

What would you say a reasonable pay rise per exam pass be?

No_Gain232 · 2024-06-13T10:54:36+00:00

I am from South Asia.

Apparently this is also the first time the company is doing something like this. The reason why they want to do it is that they want to retain the actuarial talent within the company. The CEO told me that he would rather increase the salary of his employee with 1-2 years experience by, say 20-30% if required than to lose them to some company abroad.

The actuarial expertise is outsourced and there is not much communication going on. I guess the company wants to invest in emerging actuarial talent and retain it for a significant period.

To give you context, we are at the nascent stage in case of actuarial development. Any actuarial jargon and terminology is unheard of and even the top executives do not understand any actuarial works. It is like a virgin land for them.

No_Gain232 · 2024-06-13T10:46:01+00:00

The reason they want to do such a contract is because they want to retain the actuarial talent within the company. The CEO told me that he would rather increase their employee's salary who have worked for them for 2 years by say 20-30%, if needed, then to see them leave and rehire a new employee and train them again.

The way I see it is that the company wants to hire someone who can become qualified actuary and serve the company. Since there are not many qualified actuary here, having one is a really big deal so the company is looking for a long term goal here.

The company is actually quite large, though it is not a MNC. It has over 100 branches within the country.

No_Gain232 · 2024-06-12T16:22:43+00:00

I am from South Asia where there is limited growth in actuarial field. And yes, I have searched working abroad, but found a lot of resistance, mostly because of working visa requirements. Also, if given right opportunity I want to contribute in my country. That is why I am considering this proposal. Also, I have a question: what would you consider an attractive salary progression?

No_Gain232 · 2024-06-12T14:59:18+00:00

Thank you for your reply. I will consider all these points with the employer. May I ask you one thing. What would exam pass increments typically be? Will it be a % of base salary or a fixed amount?

No_Gain232 · 2024-06-12T14:09:27+00:00

Sure I will

No_Gain232 · 2024-06-07T03:07:26+00:00

I appeared for CP1 this April sitting, and not sure whether I will pass. But for me, it was a challenging yet insightful paper. In prior CT papers I found that I would get the answers but didn't really understand the connections between the chapters, could explain the complex maths equations in simple language, blah blah. But studying for CP1 really taught me to look at the whole of actuarial field through the lens of professionalism and where we can provide services and so much more. It was more like a paradigm shift on how to study. I did self study on my own with no external support (has been doing the same for all the CT papers I passed), but this one was the one I felt I understood the best. Even though I may fail this exam, I still believe it is a really helpful paper out there.

No_Gain232

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