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  #11  
Old 05-07-2012, 02:01 AM
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I went to Mexico City and made it back okay. Not that bad. Just OMGWTFBBQ!!! wrt traffic there.
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  #12  
Old 05-07-2012, 02:09 AM
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Originally Posted by Berkeley1945 View Post
Thank you all for your responses. Admittedly, Mexico City may seem like an odd place to want to move, but I have always been interested in living in Latin America. I would like the opportunity to live in another culture and to improve my Spanish. Also, my boyfriend has dual Mexican/American citizenship, so he will be able to work there if we move. He also has a lot of family there, so that would be a positive.

Does anyone have experience working in Mexico? I am still interested in learning about what types of skills are especially valued and how salaries compare.
1. Don't ever move anywhere for anyone (not even a spouse). If things go south, you will find you are a long way from home with not much of a support system (this is coming from someone who has lived extensively abroad and seen this happen many times). Although no one ever thinks their relationship is subject to the same stresses and decrements every other relationship in the world is subject to (a bias that seems stronger in the younger population), this is still something you need to seriously consider.

2. If you are interested in living in Latin America and improving your Spanish I would recommend Buenos Aires any day over Mexico City. I have spent time in both, and although I do have reason to be biased (I'm Argentinian), I think the vast majority of people who have experienced both cities would prefer Buenos Aires for a number of reasons. Other, better choices might be Cartagena or Santiago. Better choices in Mexico might be Guadalajara or San Miguel de Allende (although I'm not sure there are many actuarial jobs in either city).

3. I think I already explained to you that salaries are significantly lower in Mexico City than in the US. Don't believe me? Here is a Mexican job search site that may be of some help:

http://www.opcionempleo.com.mx/empleo-actuario.html

And here is an actuarial forum geared more towards Latin America:

http://www.e-actuarios.com/

Both of these sites are in Spanish, but they may be of more use than this forum if you can understand Spanish. The AO also has a small Spanish forum.

That being said, if you are at all concerned about rumeneration then I wouldn't even consider a job in Mexico City.
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  #13  
Old 05-07-2012, 03:20 AM
Berkeley1945 Berkeley1945 is offline
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Originally Posted by Peetie Skunk View Post
1. Don't ever move anywhere for anyone (not even a spouse). If things go south, you will find you are a long way from home with not much of a support system (this is coming from someone who has lived extensively abroad and seen this happen many times). Although no one ever thinks their relationship is subject to the same stresses and decrements every other relationship in the world is subject to (a bias that seems stronger in the younger population), this is still something you need to seriously consider.

2. If you are interested in living in Latin America and improving your Spanish I would recommend Buenos Aires any day over Mexico City. I have spent time in both, and although I do have reason to be biased (I'm Argentinian), I think the vast majority of people who have experienced both cities would prefer Buenos Aires for a number of reasons. Other, better choices might be Cartagena or Santiago. Better choices in Mexico might be Guadalajara or San Miguel de Allende (although I'm not sure there are many actuarial jobs in either city).

3. I think I already explained to you that salaries are significantly lower in Mexico City than in the US. Don't believe me? Here is a Mexican job search site that may be of some help:

http://www.opcionempleo.com.mx/empleo-actuario.html

And here is an actuarial forum geared more towards Latin America:

http://www.e-actuarios.com/

Both of these sites are in Spanish, but they may be of more use than this forum if you can understand Spanish. The AO also has a small Spanish forum.

That being said, if you are at all concerned about rumeneration then I wouldn't even consider a job in Mexico City.
Thanks for these links! I noticed on the e-actuarios that there were a lot of job postings in Argentina. Do you have an idea of how actuarial salaries compare in Argentina?

After looking through the Mexican job-search site you provided, I noticed that most of the actuarial (analyst) jobs in Mexico paid around $17k USD per year. I didn't realize salaries would be quite that low.

If I were to transfer to an international office through my current employer, do you think I would be paid at a US rate of pay or at the market rate in the foreign country?
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  #14  
Old 05-07-2012, 12:30 PM
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Salaries in Argentina will be significantly better (not quite US salaries but more than enough to live comfortably on).

If you work for a firm that transfers you internationally, I'm sure it will vary how much they pay you.

One thing to consider is if you have been to these places before or not. It doesn't sound like you have much experience with Mexico City or Buenos Aires. I've lived abroad extensively and lived in numerous places throughout the US. In my experience, when I have moved places I had never visited, I didn't really enjoy it. There were a couple exceptions, but it is best to visit these places, find out what they are really like, see if you enjoy them and then decide to apply for jobs there.

I also noticed that you recently posted in the "I recently got hired thread". If you are at the EL, it is probably best to establish your career with a well known employer here in the States before making career decisions like moving abroad.

Want a better option that will look better than starting a career as an actuario with Seguros Azteca or some other firm nobody in the States has heard of? Join the Peace Corps or the military with an OCONUS contract for a couple years. You will get to experience other cultures in depth, work on your language skills, you will have plenty of time to study for exams while doing it, and the best part is that employers LOVE these types of work experiences. I guarantee you it will make your resume stand out in a stack of resumes from a bunch of EL candidates whose most diverse qualifications are whether they know C++ instead of VBA.
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  #15  
Old 05-07-2012, 12:33 PM
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Quote:
Originally Posted by Peetie Skunk View Post


This other skunk person seems to be right. It used to be worse, but isnt all that bad. Mexico is a wonderful country.
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Originally Posted by glassjaws View Post
I went to Mexico City and made it back okay. Not that bad. Just OMGWTFBBQ!!! wrt traffic there.
The food in MC is world class
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  #16  
Old 05-07-2012, 12:34 PM
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Quote:
Originally Posted by Berkeley1945 View Post
Thanks for these links! I noticed on the e-actuarios that there were a lot of job postings in Argentina. Do you have an idea of how actuarial salaries compare in Argentina?

After looking through the Mexican job-search site you provided, I noticed that most of the actuarial (analyst) jobs in Mexico paid around $17k USD per year. I didn't realize salaries would be quite that low.

If I were to transfer to an international office through my current employer, do you think I would be paid at a US rate of pay or at the market rate in the foreign country?
shouldn't the purchase power parity (ppp) be the standard of comparison between any foreign country & the u.s.? then $17K might be much closer to a u.s. salary in terms of what goods & services that money can buy. of course if you're thinking in terms of retirement savings and moving back to the u.s. then $17k isn't squat. *shakes bean rattles in a sombraro* ARRRRRRRRRRRRRRRREBAAAAA!
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  #17  
Old 05-07-2012, 12:42 PM
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Peetie Skunk Peetie Skunk is offline
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The food in MC is world class


My fellow mofeta is correct, however I have been to many other places in Mexico where the food is outstanding.
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  #18  
Old 05-07-2012, 01:11 PM
actuwannabemtl actuwannabemtl is offline
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Peetie Skunk,
don't take this too personally but wouldn't Chile be an overall better choice if one isn't too adventurous ? Argentina has this funny habit of melting down completely every 15 years or so, hehe. Who know when's the next collapse ?
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  #19  
Old 05-07-2012, 01:12 PM
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Generally, if you look for a job elsewhere, you will be mostly subject to the salary constraints of that market. In which case MC, pretty much would suck. Even with PPP, the salaries are not impressive - MC isn't cheap, at least not if you're expecting third world prices.

On the other hand, if you are with a firm that relocates people (like, they come to you and say "We need somebody willing to work in Location X for a period of time"), they usually don't adjust salaries down (and, if moving to London or Hong Kong, they wil adjust up). So, if you're lucky enough to be at a company that has actuaries in MC, and they regularly rotate peiople for some reason, you might be lucky enough to get moved to MC without having to worry about the comments above on low salaries. Otherwise, woul dbe tough.

Agree that the food in Mexico is pretty good and MC has some outstanding food.
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  #20  
Old 05-07-2012, 01:20 PM
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Peetie Skunk Peetie Skunk is offline
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Peetie Skunk,
don't take this too personally but wouldn't Chile be an overall better choice if one isn't too adventurous ? Argentina has this funny habit of melting down completely every 15 years or so, hehe. Who know when's the next collapse ?
Hey, I've got no problem with Santiago. I think I mentioned it earlier in the thread, I just prefer Buenos Aires.

But I could make the same argument about Chile. Remember Pinochet?
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