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Insurance
Fraud Investigator

Which jobs in the insurance space are WAY overpaid for the work they do? ....... It's Actuaries isn't it?

4
  1. Claims Adjuster 1
    First time commenter

    Board of directors and CEO's with oversized bonuses.

    13
    Program Manager 1

    Not gonna disagree with that one!

    1
  2. Actuary 1

    You’re a clown. Actuaries are paid a lot, but it’s because we passed a bunch of math exams that most people can’t pass, and we are capable of determining how to best manage risk better than most people. Whenever the actuaries at my company come up with a forecast and financial leadership doubts whether it’s correct and pushes to have it changed, the initial actuarial forecast ends up being closer to reality than what leadership thought would happen 90% or more of the time. Most of the actuarial job is sitting around and thinking about things, so it might look like we’re not doing “work,” but insurance companies cannot function without actuaries. When you look at it that way, it’s almost impossible for actuaries to be “overpaid” for the work they do.

    9
    Customer Service Advocate 1

    I've seen several articles talking about how Actuaries are a field in site need of a new batch of experts, and it pays well. How did you get started?

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