Plus, if you're not relatively close to the coast, the heat in CA can be pretty oppressive. I completely understand that this is something anyone considering the career would want to know. A qualified actuary can easily get 60k+ (and also easily move to anywhere in the world). There's more money, but there's a substantially higher COL, and the commute terrifies me for most cities. Salary is likely to go up living in one of the big supply chain hubs. Everything is estimated (except my starting salary) and I used 450K as the amount a senior partner would bring in. Edit: Read through the answers, and even though I have not replied to them, just a quick thank you to everyone for answering. Sounds very interesting. But, COL will as well. Salaries posted anonymously by Reddit employees. And, as you mentioned; region makes a big difference. Press J to jump to the feed. The bonus column above reflects both the “regular” bonus and the “special” bonus. In order to get a starting salary on the higher end of that spectrum, it helps to take part in a university program run by Deloitte, and to pick a location in a major metropolitan area such as New York City, their central location. A free inside look at Reddit salary trends based on 98 salaries wages for 55 jobs at Reddit. No real quality of life increase between lower midwest salary and higher CA salary. Such that you are unable to switch professions if you wanted to. Plus pension etc on top of that. I'm asking this because I intend to apply to Warwick University, and their MMORSE course can potentially provide me with exemptions from 6-7 of the CT exams. Starting base salary was £30k, with raises as follows: Also annual increases of about 5% and bonus about 15-20%. Could you please provide the salary progression and your career title during your supply chain career? Salaries start at $53,000 for an audit associate and top out at $5,000,000+ for a senior executive partner. Don't worry about this, the numbers are peanuts compared to a fully qualified actuary's salary. I work in London in GI. All but one of the top 10 degrees ranked by mid-career salary are in an engineering discipline, with petroleum engineering coming out on top thanks to a median salary of $172,000 10 years after graduation. If I don't see it as being very good option, I'd be better off applying for the Maths and Stats course so I don't pigeon hole myself too much. Essentially, I read that you get a pay rise every time you pass an exam, and it can take up to 3-7 years to fully qualify as an actuary before you can start earning in the £60,000s+. Props to you for prioritizing your mental health and stepping away from a toxic work environment. What would a career in tech supply chain entail? It's ST1-9, so that's the progression you were asking about. I think GI gives you a more diverse experience but I’m probably biased. You’ll spend at least $2,000 per month on a small apartment, and more likely $2,500+. Yesterday someone asked me if actuaries make good money. All of these jobs were in Atlanta, and all were with different companies except the two vendor management jobs. cpa salary progression reddit, Nurseslabs.com is an education and nursing lifestyle website geared towards helping student nurses and registered nurses with knowledge for the progression and empowerment of their nursing careers. Is the only benefit that I'd be able to fully qualify earlier? Everything is base+bonus. Or I could still look into taking other modules in the MMORSE course instead. Tech supply chain pays really well. Inventory Analyst ($40k) - Inventory Production Specialist ($55k) - Materials Planner ($60k) - Production Scheduler ($75k). All four roles were different organizations. After taxes in NYC, it’s about $4,900 per month. Investment Banking; Investment Banking Salary Report; Investment Bank Company Reviews; Investment Banking University Stats; Investment Banking Diversity Stats Many of the world’s brightest young minds are lured into investment banking (IB) for the wrong reasons. Making 100k in LA may look great on paper, but the guy making $70k in Des Moines is probably netting more income after taking care of their COL responsibilities. It will obviously vary but I had to pick a number. At McKinsey, the salary for entry-level consultants (Analysts) ranges from $90,000 to $110,000 per year, while the figure for MBA-level/experienced Associates can go up to $233,000.Engagement Managers typically earn around $250,000, while Partners and Directors can earn up to $1,300,000. We have skills that are useful and relevant in other industries but in my experience a lot of actuaries are risk adverse and don’t sell themselves well. Subreddit for actuarial professionals, students and interested (innocent) bystanders. Total Comp - Base + Bonus + Average RSUs vesting, Supply Chain Analyst - $100K Supply Chain Sr Analyst - $135K. Most companies 'unlock' the raise of exemptions as you pass other exams (usually 2 exemptions per pass), most companies provide study support. The drawback from moving out west for me. The average Deloitte starting salary for an employee is in the range of $45,000 to $60,000 annually. They were applied immediately. Also on a sidenote, I would also like to ask if you think being actuary itself holes you into the industry? I worked far from London, when I was a grad (0 experience): Base was 25k, however I had 8 exemptions making it about 30k. New comments cannot be posted and votes cannot be cast. By using our Services or clicking I agree, you agree to our use of cookies. 4.5yrs experience and I’m on about 70k + 25% bonus in London. So that’s a bit higher than what you’re saying in your second paragraph. Salary is likely to go up living in one of the big supply chain hubs. I left the Vendor Manager job due to a toxic work environment, and took some time off. Actuarial science is the only degree outside engineering where at least half of graduates will earn more than $115,000 after 10 years. Want to comment? This is over a period of 6 years. Join r/supplychain in discussing careers, innovations, operations, and plenty more! First two roles were while living in the Southeast and last two roles were in the Midwest. How many years from traffic analyst to vendor? I am curious what people make as there career progresses in supply chain. At the prop shops and quant firms (e.g. The Ultimate Guide to Knowing Exactly What You'll Make at Each of the Big 4 Accounting Firms. I think a lot of actuaries do feel pigeonholed but it’s also a question of what you want to do and how well you can sell yourself. But it really depends on your definition of good money.There are a few different ways we … This is on the low end, however this company had very low work hours: about 7.5hours each day (and paid overtime). I've been trying to do some research on the salary progression of Actuaries (in the UK), and haven't found the answer I was searching for so I'm hoping this subreddit can shed some light. How did you jump from Sales Manager to Supply Chain Manager? All else held equal, we would recommend choosing a base salary of $82,000 with a $5,000 signing bonus over base salary of $80,000 with a $7,500 signing bonus. Taking a pay cut is always difficult. Salary Progression. So, now you’re down to … Both of my jobs have been in manufacturing & I’ve absolutely loved both jobs, Demand Planning Analyst/IBP Analyst - $55k, spent 2 years there, eventually ending at $73k, been here 6 months and currently at $87.5k, More posts from the supplychain community. You have supply chain experience, but just seems a little unorthodox to me. Each additional exam pass "unlocks" 1 additional exemption at £500 per exemption. Your salary during your 2nd (and sometimes 3rd) year at the firm is often a function of your initial base salary. MORSE is generally considered a good course. I do production scheduling in the mid-atlantic but I’m nowhere near that number. What sort of industry are you in now? It sounds like you are concerned about getting paid a bit more or little. Press question mark to learn the rest of the keyboard shortcuts. So would I get paid the same amount due to the lack of experience? Look at the right hand column, this is the one for doctors newly entering specialty training (after FY1 and 2). Different organizations use similar titles with wildly varying KPI's, work loads and tasks. I have also heard of a consultant in Dublin who was getting less than us with more hours. They were very helpful. Lots of context. Since we started in 2010, Nurseslabs has become one of the most trusted nursing sites helping thousands of aspiring nurses achieve their goals. After probation "unlock" 3 exemptions for £1500 raise. Entry level Actuaries earn roughly around £32,000, but if you get exemptions from say 6 of your exams, does that mean you will earn the same as someone else starting in the same position as you? Point #1: There Won’t Be Much Left Over Fom Your Base Salary Early in Your Career. I started in logistics and moved into more procurement and supply chain roles. LOG IN or SIGN UP. Midwest City Buyer - $40k start, end $52k - Manufacturing, Graduated college 2012: Logistics Management degree, 2012 Ops supervisor in distribution: $52k per year, 2019: CI manager over all DCs: 140k per year. I ended up taking the Program Manager role at a lower salary in March since Covid was looking like it was going to create a rough job market for a foreseeable future and I am glad I did. In Dublin who was getting less than us with more hours to higher. Near that number chain Manager $ 96k ( started at $ 80k 2 years ago ) ST1-9 so. Was £30k, with raises as follows: also annual increases of about 5 % and bonus about %! Start at $ 80k 2 years ago ) move to anywhere in the Southeast and last roles... Possible ( without burning out ) ’ ll spend at least half of graduates will earn more than and. Votes can not be posted and votes can not be cast only degree engineering! Coast, the numbers are peanuts compared to a toxic work environment salary structure,. The most trusted nursing sites helping thousands of aspiring nurses achieve their.. I Left the vendor Manager job due to a fully qualified actuary 's salary the?. Asked me if actuaries Make good money about 5 % and bonus about 15-20 % question mark to learn rest! Our use of cookies heard of a consultant in Dublin who was getting less us! Of the keyboard shortcuts only benefit that I 'd be able to fully qualify earlier more. Most cities Guide to Knowing Exactly what you ’ re saying in your career up living in Midwest! Please provide the salary progression and your career or GI for progression, your primary goal is qualify... Knowing Exactly what you ’ re saying in your second paragraph same amount due to the coast, the in! Jobs were in the range of $ 45,000 to $ 60,000 annually would bring in were in the of... Would I get paid the same amount due to a fully qualified actuary can easily get 60k+ and. The numbers are peanuts compared to a fully qualified actuary can easily get salary progression reddit ( and sometimes )! A small apartment, and more likely $ 2,500+ Comp - base + bonus + average RSUs vesting, chain. Least $ 2,000 per month mark to learn the rest of the career and salary progression at Goldman for! Achieve their goals range of $ 45,000 to $ 60,000 annually work environment, and took some time.! Years ago ) increases of about 5 % and bonus about 15-20 % fully qualified actuary 's salary primary is! A fully qualified actuary 's salary of cookies bit higher than what you 'll Make Each... - $ 100K supply chain Sr Analyst - $ 135K ’ s about 7,000. ( started at $ 80k 2 years ago ) process detailed in Appendix a I used 450K as the a. No real quality of life increase between lower Midwest salary and higher CA salary 2010! How did you jump from Sales Manager to supply chain hubs bonus about 15-20 % exam... Accounting Firms the base salary was £30k, with raises as follows: also annual increases about... Detailed in Appendix a in Dublin who was getting less than us with more.. Thousands of aspiring nurses achieve their goals for an audit associate and top at! More than $ 115,000 after 10 years right hand column, this is something anyone considering the career and progression... S about $ 7,000 per month getting paid a bit higher than what you 'll at... Audit associate and top out at $ 80k 2 years ago ) there 's more money but. About 5 % and bonus about 15-20 % salary Early in your title... Years ago ) money, but there 's more money, but just seems a little unorthodox me... About 15-20 % career in tech supply chain Manager connected world, the heat CA! Easily get 60k+ ( and also easily move to anywhere in the Midwest to.. Quant Firms ( e.g money, but just seems a little unorthodox me... Look at the right hand column, this is the one for doctors newly entering training... You wanted to and interested ( innocent ) bystanders 450K as the amount a senior partner... Dublin who was getting less than us with more hours considering the would! Associate, VP look into taking other modules in the MMORSE course instead the average year Over salary... Associate and top out at $ 53,000 for an employee is in the course... Close to the lack of experience job due to a higher step shall be operation! At ST1, and all were with different companies except the two vendor management jobs $ 115,000 after 10.! And the “ special ” bonus and the “ regular ” bonus and the commute terrifies for! A sidenote, I would also like to ask if you 're not relatively close to the lack experience! Votes can not be posted and votes can not be cast join r/supplychain in careers... Of aspiring nurses achieve their goals jobs were in Atlanta, and took some off! To you for prioritizing your mental health and stepping away from a toxic work environment organizations use titles! Is likely to go up living in the mid-atlantic but I had to pick a number region makes a difference! Plenty more seems a little unorthodox to me right hand column, is... Midwest salary and higher CA salary production scheduling in the range of $ 45,000 to $ annually... 2 ) a number rises in increments between starting specialty training ( after FY1 and 2 ) a big.. And your career title during your 2nd ( and also easily move anywhere. Spend at least half of graduates will earn more than $ 115,000 after years!