Articles - Overhyped salary expectations for actuaries cause concern


 Actuaries’ salaries being unrealistically hyped up by parts of the recruitment industry has become a real concern for Dr Geraldine Kaye of GAAPS Actuarial. “We now see candidates reject actual job offers with extremely realistic and generous salary packages because they have been seduced by recruitment consultants who tell them an alternative job will pay even more, only to find those expectations prove to be fantasy and end up with no job at all.”

 “We had an example recently where an overseas candidate of which we are aware travelled to London for a specific job. When she arrived was told by a variety of other recruiters that the market rate payable by other employers was higher. So she declined the original offer, to find that other job offers never materialised. I find this irresponsible on behalf of my industry and a big dose of realism is required otherwise both employers and potential future employees will lose out more and more.”

Back to Index


Similar News to this Story

How to identify the key issues early in reserving
This article looks at how an analytical approach to reserving can help actuaries focus on what really matters, right at the start of the process. We
Closing the net on ghost brokers with email intelligence
As households face the biggest economic squeeze in generations , finding ways to cut the cost of everyday but essential living expenses such as motor
10 Plus C level Claims Executives share their insights
C-level claims executives from Arch, Aviva Canada, Berkley Mid-Atlantic Group and SageSure have just been announced as speakers for Intelligent Insure

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.