Will I get a permanent job on
ActSci Club 2007
worrying link on tough job market
Remember that you'll be competing against
graduating students who have had a total of 24 months of work experience
with a total of six co-op employers. Also, an interviewer, who has a
boss too, will be tempted to play safe by rehiring a graduate already
positively assessed over a four month work term, rather than trust a 30
minute assessment of a non co-op graduate.
Work Experience: You have to get it yourself -
start in 1st or 2nd year.
ACT245, 370 Survey April 2012: half of students have never done paid work
work permit programme for foreign students (
please update me on experience with this )
to improve prospects of permanent employment
Very bad situation at graduation- 'I've never worked':
You might think that you can concentrate solely on getting good grades in
university courses and passing SoA/CAS professional exams.
But if you take courses every term including
summer, you might graduate unemployable. Employers sometimes tell us that they
wouldn't hire anyone who has never done any paid work outside the university.
They joke that it's easier to explain to a fish what it's like to live on
land than to explain to that graduate the atmosphere of working in a
Rather better on your
student job. Or coffee shops or house-painting or grape-picking or call
centres of financial institutions or....try anything.
I stacked supermarket shelves and worked on an auto production line
(photo below) - when
I wasn't washing dishes in a hotel. Menial labour during university
vacations is a North American tradition.
Quite a bit
small companies, try to get jobs as relevant as possible to actuarial.
you have a relative running a business in Beijing or Dubai, maybe ask him/her to employ you at low pay running payroll and inventory spreadsheets and
answering phones in their office.
Employers tell us that getting work
experience is much more important than graduating quickly. Phone a
branch of a temp agency; if they say 'just send a resume', which will be
probably be ignored, then say that, instead, you would like an
appointment to talk to them - it's urgent. Try being just a little pushy
if necessary, and if no luck then phone another office, maybe of the same
If your English is poor on the phone, try
walking into agency branches-with a resume. If you don't have a Canadian
passport or PR status then make sure you can otherwise prove to the agency
that you can legally work in Canada with zero or minimum form-filling
needed from the agency. Don't be as silly as I was, decades ago, and get
dazzled enough by the agency to agree to wait for them rather than to try
other employers simultaneously. Agencies help you only if it results
in quick, easy fees from employers.
department job for a few months would boost your resume a lot if you
have no actuarial or clerical experience.
Best: jobs like these:
Manulife Co-op actuarial deadline July 12, 2012 starts Sept 2012
We have a
late addition to our roles for the Kitchener-Waterloo Actuarial Co-op
Program for the fall term so we will need to recruit 1 additional student.
Please share the attached posting with any friends or acquaintances still
looking for a work term for Fall 2012. The posting closes tonight at
11:59pm. Please feel free to pass on my contact information if they have
any questions about the roles or program. It will be a role in Individual
Wealth Management in the Pricing Area. Thanks!
Sarah Healey, Program Specialist, Campus Programs | Global Talent
| Manulife Financial
Co-op Opportunities in Canada and in Asia for actuarial students.
Canada: Marisa Chan,
Asia: Lindsay Watson,
Advice from Keith and others: your choice what to believe!
Keith Sharp's comments on job hunting
soa.org member search and LinkedIn and
Google to investigate firms: - here's potential
working (2013) at GGY Axis, mostly in Toronto.
Chan, Simon - BSc, MMath, CFA
graduated from the University of Toronto in 1994 with BSc (Hons) and
graduated from University of Waterloo in 1996 with MMath
Mostafavi, Shahab - MA, MBA, FSA, MAAA, FRM
graduated from University of Toronto in 1980 with BA, obtained MA from
York University in 1982 and MBA from University of Toronto in 1992
Lee, Theresa - MBA, FSA, MAAA, FLMI
graduated from the University of Texas at Austin in 1995 with a BSc in
Math and obtained MBA from University of Oklahoma in 2007
Wang, Lucy -
Actuarial Science Co-Op at University of Waterloo
We all like eg. Toronto, Vancouver, San Francisco, Hong Kong
so e.g. Regina, Minneapolis might be easier
3. A way to get your resume noticed in the pile could be to have
Toastmasters (public speaking -
preparation for client contact) and giving ten five-minute speeches
to get a "Competent Toastmaster' certificate; Clubs close to
the campuses are likely to be particularly student-friendly: email and go
and try it. Fine for all students, including early-year.
Use 'advanced search' of membership at
soa.org : e.g. get emails of all FSAs in Shanghai or Singapore
5. Take sessions on
interviewing skills -
6. Ability in Excel is as essential as ability in breathing
7. Insurance companies in Canada and US mostly also use Axis - grab any chance
to learn it
8. Be on LinkedIn, free: 200 million
users, 6 million in Canada, hirer might think you are hiding something if not
9. Even a small name change may mean hirers cannot trace you online. Lots
of privacy, no job.
A better advisor would be someone who got an entry-level job in the last
few years. We all learn from our mistakes and
get better at job-hunting. Start soon after high school - good luck!