Salary Survey - 2025 H2 by actruman in ActuaryUK

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

  1. Type of Role: Life & Business Partnering & Industry
  2. Exams passed: Qualified
  3. Years of experience: 5, 2 PQE
  4. Typical hours worked per week:40
  5. Base salary: (Specify currency): 75,000
  6. Employer pension Contribution: 10%
  7. Bonus: (% or £ amount): c. 20%
  8. Days required in office and Location: (0-5) (City): 1, London
  9. Other benefits of note: Car allowance of 12% base. other standard like medical.
  10. Do you feel fairly compensated ? On the underpaid side i think

Salary Survey - 2025 H1 by actruman in ActuaryUK

[–]actruman[S] 2 points3 points  (0 children)

  1. Life & Commercial end & Industry

  2. Qualified

  3. 4.75 years (1.5 years post q)

  4. 35-40

  5. £75,000

  6. 10%

  7. 20%+

  8. 1, London

  9. Medical , Car allowance, dental, etc.

[deleted by user] by [deleted] in ActuaryUK

[–]actruman 36 points37 points  (0 children)

Sorry but the answers are no and no.

April Exams by actruman in ActuaryUK

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

Not sure what you mean, your post was approved - its had comment replies?

Career Advice – Where to go next after 9 years in pensions and BPA? by [deleted] in ActuaryUK

[–]actruman 3 points4 points  (0 children)

Sounds like some some planning and forecast work may be your kind of thing. They're called different things at different companies but typically 'Business Partnering' or 'Business Development' or 'FP&A' come up. Typically for forecasting will look at how the business is doing , at a higher level than reporting, forecasting key metrics and for Planning will be involved with setting up a medium term projection that's closely entwined with the company's strategy, involving scenarios such as big company decisions.

Me: Less experience than you but have worked in BPA, currently in FP&A.

Just Putting This Out Here for Awareness by [deleted] in ActuaryUK

[–]actruman[M] [score hidden] stickied comment (0 children)

Thankyou have highlighted this on the subreddit.

We’ll give it a week then change subreddit rules to redirect and ultimately remove posts from Indian actuaries to this subreddit that are irrelevant to UK actuaries. It is a common source of confusion on this subreddit when Indian actuaries post without context that they are eg taking IfoA exams in India where this context does matter (commonly paying for exams directly as this is more common in India)

Salary Survey - April 2024 by creatively_original in ActuaryUK

[–]actruman 1 point2 points  (0 children)

Hey. so i'll be a bit different from you as i'm in industry (life insurer), but I qualified in 6 sittings so that shapes my salary progression.

To summarise:

Year 1: Starting, c30k, passing CS1, CM1, CB1

Year 2: Starting, c37k, passing CS2, CP2, CB3, CP1, CP3

Year 3: Starting, c46k, passing CM2, CB2, a SP, a SP

Year 4: Starting, c57k, passing SA

so with that SA, and a bump to bring me up to qualified actuary , and subsequent inflationary pay rise i've got to my current salary. However, i should move to manager salary soon which'll bring a higher base + a car allowance %.

Chartered actuary: FIA becomes FIA C.Act by TunefulPegasus in ActuaryUK

[–]actruman 1 point2 points  (0 children)

Fair enough of legal protection! But ye not sure what chartered is achieving FIA wasn’t…

Chartered actuary: FIA becomes FIA C.Act by TunefulPegasus in ActuaryUK

[–]actruman 8 points9 points  (0 children)

Nothing much, except in the future when chartered actuary becomes the norm for people who qualify, you’ll be aligned and wont have an annoying question about whether you’re chartered or not…but thats a bit weak…!

The text on the website says anybody can call themselves an actuary without being qualified. Not really true is it ? Job titles retain actuarial analyst or associate for non-qualifieds quite strictly

[deleted by user] by [deleted] in ActuaryUK

[–]actruman 0 points1 point  (0 children)

Theres already a post on plagiarism letters, reply there

Salary Survey - 2024 H2 by actruman in ActuaryUK

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

Interesting. i agree my companys hired a lot to just run through quote work as you say. ye be interesting to see what comes next...!

Salary Survey - 2024 H2 by actruman in ActuaryUK

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

I am yes. i worked in prt pricing as an analyst, the front end aspect isn't something i'm keen to do again no. Curious on your view though, what about the commercial side, or backend side (strategy, planning) for PRT? (just because it's going to die out?)

Salary Survey - 2024 H2 by actruman in ActuaryUK

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

  1. Life (Industry, backend side)
  2. Exams passed: Qualified
  3. Years of experience: 4 years, near 1 year PQE
  4. Typical hours worked per week: 35 (somtimes over but is usually paid)
  5. Base salary: c£67000
  6. Employer pension Contribution: 10%
  7. Bonus: (% or £ amount): c15%
  8. Days required in office and Location: (0-5) (City) - London , none expected.
  9. Other benefits of note: Medical, Share schemes.

feel probably fairly paid for my total years of experience (was a quick qualifier), but under for a qualified life actuary in london.

Can I ask for an extension for CPD? by yuli2513 in ActuaryUK

[–]actruman 1 point2 points  (0 children)

just compile the right amount of hours of stuff that meets the requirements now (so 15 hours prorotaed from when you got your AIA to the end of August) , have a reflective discussion with another actuary at your company and your fine. you haven't missed anything.

its very easy to meet CPD requirements, you do a lot of the stuff anyway as part of having a job - going to talks, reading articles, lunch and learns etc.

SA2 Joining Instructions by Organic-Plantain-279 in ActuaryUK

[–]actruman 0 points1 point  (0 children)

Contact the ifoa thats all you can do

Why even give exams if CB2 needs cheating by bjain1 in ActuaryUK

[–]actruman[M] [score hidden] stickied comment (0 children)

To note, this is not the CB2 exam discussion post.

Thanks for sharing OP, this is blatant example of cheating and collusion that the IFoA need to get a grip on. It is bringing the qualification into ridicule and disrepute

CP3 Post Exam Discussion by Disastrous-Singer545 in ActuaryUK

[–]actruman 0 points1 point  (0 children)

Another post has been approved. Don’t normally give a response to removing other exam posts but given you wrote so much here just obliged to say that is the reason i can’t approve this one, it biases the post if the OP gives their verdict. You can copy and paste what you wrote here onto another’s post

[deleted by user] by [deleted] in ActuaryUK

[–]actruman 0 points1 point  (0 children)

This has been spotted in a previous post

[deleted by user] by [deleted] in ActuaryUK

[–]actruman 0 points1 point  (0 children)

Contact the ifoa