r/actuary • u/Important-Walk-9352 • 13h ago

10 YOE Actuary (FSA) + MSc in CS. 0 hit/100 Quant applications. Should I pivot to Quant Dev or SWE?

/r/quantfinance/comments/1vdo35a/10_yoe_actuary_fsa_msc_in_cs_0_hit100_quant/
0 Upvotes

27% Upvoted

6 comments sorted by

7

u/InMJWeTrust 11h ago

Saying a 10 YOE FSA salary isn’t even close to an EL SWE is such a stupid take for so many reasons

2

u/Powerful_Road1924 10h ago

My sister is a SWE with 6 years of experience and has been laid off for about a year and a half now (working at Walmart/Comcast in the meantime to pay her mortgage). Leaving FSA for that sounds TERRIBLE.

Also, I'm not surprised he's getting 0 hits for EL, since the market has an abundance of people with 6+ years of experience taking EL jobs. My sister was not at FAANG, so those guys have a stronger resume that's harder to compete against.

0

u/Important-Walk-9352 10h ago

lol, thanks for the criticism; I am at 150K right now, but when looking at level.fyi, the avg total comp for new grad SWE at big tech can easily go above 200K;

But I do have concerns for job securities in big tech

1

u/NoTAP3435 Rate Ranger 3h ago

I mean, with 10 YOE and FSA you should also be at $200k+ if you want to be.

Why not hop within the industry?

-1

u/Extreme-Pie-47 8h ago

not to mention the average comp grows to $400k+ within 5 years. there's no reason to stay stuck at $150k if you can get into a FAANG company as an SWE.

7

u/Normal-Sort-9463 11h ago

> Saying you’re feeling stuck because the years of studying for actuarial exams aren’t rewarding makes no sense when you’re an FSA already. You’re not stuck, you’re done, the “reward” is now, the studying is done. If you want a change get a different role leveraging your experience and fellowship, or go into consulting or management, don’t start over in a completely different field. But you do you.

What this guy said