My friend's bf got an actuary job with a 2.6 GPA?

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Koenigsegg

Banned
Jun 29, 2005
2,267
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She's telling me that he graduated in summer of '04, got a job for a year, got a 4 on his first try at an exam in fall of '04, then took it in spring of '04 and passed with a 7. . .and now he's working as an actuary at Wellpoint (owned by Blue Cross in CA).

I remember during an info session at our school, who was actually from Wellpoint, saying that they generally look for higher GPAs, and that the "minimum" that they look at was around 3.3, and since it's really competitive they like to see people pass at least 2 exams before interviewing. . . which really discouraged me (since this was a path that I was seriously looking into), but this bit of news is a bit encouraging with me graduating in about 9 months.

Do you guys think his work experience (not clear as to what he did) helped in the job, or what?

Actuary pay scale :)
 
UNCjigga

UNCjigga

Lifer
Dec 12, 2000
25,258
9,735
136
I'm in a top 25 MBA program with a 2.5 GPA carried over from undergrad. Anything is possible.
 
C

cchen

Diamond Member
Oct 12, 1999
6,062
0
76
You should be glad that they hired someone like him. Maybe he'll screw up some insurance or retirement stuff in our favor
 
Epic Fail

Epic Fail

Diamond Member
May 10, 2005
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Originally posted by: Koenigsegg
Do you guys think his work experience (not clear as to what he did) helped in the job, or what?
Click to expand...

You should crunch the numbers and tell us the probability.
 
J

jdini76

Platinum Member
Mar 16, 2001
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looks like he discouraged all the high GPA people. All he had left was people with 2.6 GPAs.
 
M

mercanucaribe

Banned
Oct 20, 2004
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Originally posted by: yamadakun
Originally posted by: Koenigsegg
Do you guys think his work experience (not clear as to what he did) helped in the job, or what?
Click to expand...

You should crunch the numbers and tell us the probability.
Click to expand...

I'm calculating a 33.33% chance, repeating of course.
 
T

toekramp

Diamond Member
Jun 30, 2001
8,426
2
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Originally posted by: mercanucaribe
Originally posted by: yamadakun
Originally posted by: Koenigsegg
Do you guys think his work experience (not clear as to what he did) helped in the job, or what?
Click to expand...

You should crunch the numbers and tell us the probability.
Click to expand...

I'm calculating a 33.33% chance, repeating of course.
Click to expand...


at least i got chicken
 
BrokenVisage

BrokenVisage

Lifer
Jan 29, 2005
24,771
14
81
Originally posted by: toekramp
Originally posted by: mercanucaribe
Originally posted by: yamadakun
Originally posted by: Koenigsegg
Do you guys think his work experience (not clear as to what he did) helped in the job, or what?
Click to expand...

You should crunch the numbers and tell us the probability.
Click to expand...

I'm calculating a 33.33% chance, repeating of course.
Click to expand...


at least i got chicken
Click to expand...

hehehehehe
 
Gibson486

Gibson486

Lifer
Aug 9, 2000
18,378
2
0
While GPA requirements wil not go away soon, people are starting to realize that lower GPAs does not mean lower performance level. Don't get yoru hopes up though, a low GPA is still a really bad thing.
 
SearchMaster

SearchMaster

Diamond Member
Jun 6, 2002
7,791
114
106
I thought actuaries made more than that. A friend of mine got her ASA very quickly (maybe 2-3 years out of school?) and was well over 100K.

In any event, do you have any reason to suspect he's lying? If not, then yeah, it's possible.
 
ActuaryTm

ActuaryTm

Diamond Member
Mar 30, 2003
6,858
12
81
Originally posted by: BrokenVisage
Does he work with ActuaryTim? :p
Click to expand...
I find such strange threads when I search for ActuaryTim. And no, I work indepedently at the moment.

To address the original post, GPA - and for that matter, exams as well - are only a small portion of the picture in any employment opportunity. Depending upon the program and degree the applicant emerged from, that isn't an absolutely horrid grade point average. Not the best mind you, but not horrid (or unemployable) either.

Of course, much is greatly dependent upon the company themselves, their requirements, and their employment need. While it isn't the market it once was for actuarial candidates, it is still possible to find actuarial work for even the average actuarial student (which shouldn't be confused with an average student of another discipline).
 
S

shud

Golden Member
Mar 24, 2003
1,200
0
0
I'm one of the smartest people I know and I only have a 3.0 at a slightly above average university. I just don't care about studying or school. I'm here because I don't want to work at a gas station, that's the only reason.

I have friends who are far less smart (some can barely write a comprehensible e-mail) and have a 3.4 or 3.5 because they spend every other night in the library studying. GPA does not matter as much. Just the other day one of my professors said that they were interviewing candidates for a new position as an associate professor. Out of like 12 people they looked at neither undergrad, grad, or doctorate GPA. A lot of places are more lenient. But there are some "development" programs for new grads which require certain GPAs. Which is sad, because I know that I am far more competent than most of the people in my program at this school but I suspect many have a higher GPA than I do.

Oh well.
 
U

upsciLLion

Diamond Member
Feb 21, 2001
5,947
1
81
Originally posted by: shud
I'm one of the smartest people I know and I only have a 3.0 at a slightly above average university. I just don't care about studying or school. I'm here because I don't want to work at a gas station, that's the only reason.

I have friends who are far less smart (some can barely write a comprehensible e-mail) and have a 3.4 or 3.5 because they spend every other night in the library studying. GPA does not matter as much. Just the other day one of my professors said that they were interviewing candidates for a new position as an associate professor. Out of like 12 people they looked at neither undergrad, grad, or doctorate GPA. A lot of places are more lenient. But there are some "development" programs for new grads which require certain GPAs. Which is sad, because I know that I am far more competent than most of the people in my program at this school but I suspect many have a higher GPA than I do.

Oh well.
Click to expand...

Staples? Is that you?
 
C

Codewiz

Diamond Member
Jan 23, 2002
5,758
0
76
I worked between 25-35 hours a week while in college taking a 15 hour courseload. I graduated with a 2.4 and I got a job. It was tough finding one but I did get one. The sad thing is that I am considered one of the smartest people they have hired the past few years. Sad considering they hired so many 4.0GPA students that are complete idiots. They can do problems out of a textbook but can't solve real life problems.
 
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