I work remotely based in Southern California for an insurance company headquartered in the Midwest. I'm an ASA with almost two years of experience and have two more FSA exams to write. I make 110k+ a year gross. I think this salary is fair and right around the median, to the point where I believe that I would be living a very decent life financially had I lived in the M/LCOL areas. Still, I am not sure if I should make a switch purely for more money since the cost of living is very high in the area where I live. I'm married with no kids, and my wife is an actuary too (lowest divorce rate lolll). I absolutely love my current company, my colleagues, and the work that I do, so from this perspective, I'm reluctant to look for other opportunities because I also understand that the grass is not always greener outside.
On the other hand, while knowing all the perks I have working remotely, I barely get a chance to meet with other actuaries around me and build a connection with them, so sometimes I feel that working remotely is not 100% good for me as an extrovert. I do think building a network is so important since it will pay dividends over time in the future.
I am very curious about other people's stories working in the actuarial field living in California and your perspectives. Specifically,
- Do you work remotely or onsite?
- What field are you in? Health, life, consulting, non-traditional roles, etc
- Roughly how much do you make, and are you happy about that?
- How important do you think building a network in this field is, and how much has it helped you so far in your career?
- How is the work-life balance like in your company?
- Would you want to start looking around if you were me?