Comment by wrong_variable | Hacker News Reader

Comment by wrong_variable | Hacker News Reader

THIS.SO.MUCH

Lets look at the salary of Actuaries shall we ?

£ 222,936 - Chief actuary, senior partner

£ 140,814 - Senior function head, practice director

£ 117,343 - Function head, practice head

£ 89,442 - Department manager, managing consultant

£ 80,664 - Section manager, senior consultant

£ 73,043 - Section leader, consultant

£ 66,118 - Senior actuary, junior consultant

£ 52,067 - Actuary

£ 36,241 - Student actuary

£ 33,130 - Recent graduate

Each level is incremental - X amount of work increases your salary by Y amount.

All you need to do pass the exams and you can work in USA + Canada + Europe + India + Australia !

Now being a Chief Actuary is quite improbable - but look at the salary ! how probable is it that a programmer is going to earn that much after 25 years of experience ? we have all heard stories of unemployed experience engineers.

Coming from a maths background I really want some answers as to why I choose software engineering

To me the rampant unprofessionalism, the lack of structure, the insane amount of discrimination that is normal due to age, race, gender.

I really want to rage quit and go back and became an actuary due to lack of options for career progression.

I just tried to look up what is an actuary. The first two results were the same forum thread from a forum for actuaries, where the actuaries were complaining that people don't know what actuaries are. The third result was a page of jokes about actuaries. https://actuarialjokes.com/

I'm no closer to understanding.

edit: I took the swear words out of my query and got a better answer.

"a person who compiles and analyzes statistics and uses them to calculate insurance risks and premiums."

Move to the US, seriously.

For reference, starting compensation for a 22-year-old fresh CS graduate in the Bay Area is $120k+ (higher than department manager in your list). 5 years in as an individual contributor or tech lead you'd be doing $150-$200k. My roommate was in actuarial and got the hell out when he saw the difference. Now he's a 'data scientist' and doesn't need standardized exams or accreditation to get a job.

Not every software engineer has the fortune to be born in the USA :(

Being born in the USA is not a requirement for getting a job as a software engineer in the USA. It's hard, but not impossible at all.

I've explained here how hard it is here: https://news.ycombinator.com/item?id=12169640 (The U.S. is quite hostile to employment-based immigration, and probably among the hardest countries to move to for a non-family non-refugee immigrant.)

Also: have noticed the sheer amount of sickening hatred of immigrants in this thread? These entitled pricks think that they're the only ones deserving of an opportunity to live and work in the US (because they were "born here"), and they think everyone else should be kept out. It continues to amaze me how much contempt and hatred there is for immigrants, here on HN.

Recent Graduates do not have the experience for companies to risk going through the hassle of getting visa in america.

The way it works it seems is that companies are willingly to take the risk if you have proven yourself very well outside of america.

I'm pretty sure the opposite is true. It's much easier for a recent CS graduate to get a job offer in the US, than for anyone else.

But I agree somewhat, that software engineering is not the field, where you are likely to be able to have a career.

Not every US-based software engineer has the fortune to work/live in Sillicon Valley ;-)

So many people in HN do not understand this, the avg. software job is ASP.NET development :(

It's not that easy to move to the US. The only viable pathway for a skilled/educated person to immigrate to the U.S. is a work visa, which most commonly is the H-1B visa.

One would have to win the H-1B lottery (~25% odds), find a job in February/March/April of a year; find a company that is willing to wait for 6-8 months, and move to the U.S. in October (if they win the lottery).

In tech today (esp. in the Bay Area of NYC), it won't be that hard to find a job and a company willing to apply for the visa and wait for 6-8 months, if you can show you're a good programmer -- but there's no way to avoid the lottery.

There are also the L-1, O-1, and possibly H-3 visas.

And there are European offices for many of the BigCo's. Microsoft, Facebook, Amazon, Spotify, and Google all have European engineering offices (just off the top of my head).

Finally, there's also remote work.

Really no reason to be envious of an actuary's £33,130 starting salary.

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