Thank you for reading. I am a fairly new employee who has been with a large insurance company for 3 months. I have aspirations of becoming an actuary and have cultivated many skills related to that career. One of my best skills is in programming and working with Excel. The problem is that I was hired on as a filing analyst and don't have much opportunity to use my skills within the scope of the job itself. My supervisor made it clear that even though the job position isn't glamorous, if I come up with creative solutions for the filing department, they would be well received.
I started making simple applications that led to a larger project demo that I presented to my supervisor who showed it to his supervisor who in turn asked me to present the demo to their mutual supervisor. Long story short - they were impressed and I'm being asked to write out the development plans for my project. They want deadlines, milestones, training, design details, etc.
Keep in mind, I'm technically just a filing analyst. This is my first major software project that I would be designing for a company. I have no clue how this process works, I want to make sure that I don't undercut myself in the details because the work put into this should be worth more than my normal salary. Before this project I've been told that I am in line for a raise, and if I pass another actuarial exam I will be in line for a promotion to the actuarial department. All of that is great, but what about the extra work I'm putting into this project now? I'm designing the entire thing by myself and it's a huge undertaking.
I just want to know what is acceptable for me to ask for? Can I put a price tag on this project? I feel like just accepting the raise/promotion is an undercut because of the size of this task and the work I put in and out of work on it. What are your thoughts?