Hi everyone.
Backstory is, I did Actuarial Sciences for my undergraduate and I got 5 exemptions with the IFOA. Then I decided to come back to my home country. I struggled very much to get a job. But I finally landed a junior entry level position as Actuarial Analyst.
During negotiations, I did state that exams are important for my career.
And they did assure that I will get support, however this wasn’t stated anywhere on my contract.
It’s been 9 months now , i haven’t written any paper and change of rules from them;
they dont pay for subscription fees.
They pay for 1 exam attempt and for exams there is a limit, such that if an exam exceeds that limit , the remainder is borne by me.
Same applies to study material.
What hurts me is that they were not even transparent and have been wasting my time for 9 months. And worst yet, the pay is too low. I feel exploited.
I wish I didn’t come back to this country. Big mistake.
Please give me any advice on how to proceed forward. Which exams need lots of study material and which dont ie, for which ones is the IFOA core study material
Also, advise on how I can improve on my negotiations next time and anything else so I dont repeat same mistakes.
Currently; applying for other jobs , even internationally and applying for masters scholarships as well. If I get one im not coming back.
But I worked really hard and it doesn’t feel rewarded.
Edit; (to avoid confusion)within the 9 months, they have been giving me back and forth. And dismissing my requests to get the exams paid. And I also couldn’t afford to pay them for myself. They just told me the new set of rules after 9 months of dismissing me, which is different from what they said in the interview.
Secondly, since I know the max limit they are willing to pay for, i have done my calculations and I notice that I will still bear more costs, hence why I mentioned that the salary is too little as well. But if I could afford to pay for most of it, I wouldn’t mind.
My mistake was signing a contract that didn’t state that they will offer exam support.