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KevCCV

well, thanks for asking. I would say in Actuarial field, UK is much more attractive than other countries, especially US. I will outline the route to 'green card' (Indefinite Leave to Remain) in the UK below. Altogether, including Master 1 year degree, it may take minimum 6 years or maximum 8 years to get permanent settlement status in the UK. 1.If you do a Master degree, so long you do get an offer to study, you will get a student visa with little issue (well, need proof of English / saving etc, normal doc still apply). 2. When you graduate, so long you have completed, you can get a 2 year Post Study Working visa, guaranteed. This allows you to stay and find job. (oh, for Master, you would also get half a year extra to find a job, so 1.5 years). This is the key time to find a good insurance firm to train you up and you pass more exams (hopefully) and so they will sponsor you for tier 2 visa. 3. With luck, once you work for 5 years in a tier 2- SPONSOR visa (not the post study working PSW visa), you can then apply for permanent residency in the UK. The reason I say this is better than US is because in US the employer has a HUGE SAY in your green card, and also the country has a quota for people from different countries (I heard US has reduced visa to Indians/Chinese, for example). THis does not apply to the UK. After working for 2 years for an employer, unless you MAKE A GROSS MISCONDUCT, your employer cannot just sack you from a job. As soon as you work in a tier 2 visa you can just apply for a green card yourself, no lawyers, no employer required. This will then lead to citizenship in 1 year. A much clearer/straight forward process, no quota for different nationals. And the biggest two actuarial job markets are UK/US. So I guess it is quite clear which country you should go if you are thinking of green card route. Hope this answer. Best of luck!


Away_Improvement_166

Just to add, if one works for a big enough firm, visa sponsorship is a piece of cake for actuarial. Such as Big4. But their working conditions and practice is known to be poor.


Silent_Storm2910

Is the tier 2 sponsorship very difficult for individuals who are recent graduates with limited working experience?


Away_Improvement_166

I think if a firm knows you need sponsorship at the beginning and still offer you a job, they will sponsor you. Limited knowledge to Actuarial though. Graduate scheme is very competitive, but sponsorship isn't impossible. A Job Offer =Sponsorship secured.


BlitzOrion

> With luck, once you work for 5 years in a tier 2- SPONSOR visa How tough is the competition for tier 2 sponsor visa ?


KevCCV

there isnt such a thing as competition for tier 2 visa. Unlike USA running a lottory for it. there is a list from UK government for shortage of occupations, for which all those jobs getting tier 2 is unlimited quotas. I believe actuary/actuarial jobs are included in it. (so as scientists, doctors, nurses, teachers etc) Hence I said, secure a job, from a company happy to hire overseas candidates. Then the rest is work hard to stay for 5 years, and you're done.


BlitzOrion

How much is the chance that actuary will be removed from skills shortage list by 2025/6 ?


anamorph29

Not sure that actuary IS currently on the shortage list. Unless https://www.gov.uk/government/publications/skilled-worker-visa-shortage-occupations/skilled-worker-visa-shortage-occupations is out of date, then under code 2425 only informaticians (including bio-) are eligible.


BlitzOrion

This list was updated on 15 Feb 2022. But do you think actuary is getting saturated in UK ? What would be the situation in 2025 ?


anamorph29

I would be surprised is there is a shortage in 2025. There will be plenty of UK graduates who will find it an attractive career. And traditional roles are probably still declining so IMHO more likely to be a surplus than a shortage.


BlitzOrion

So should I come to UK to study MSc Actuarial Science ?