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Checklist for Success

Phase 1: The New Actuary

Roles & Encounters For actuaries who are in the process of completing actuarial examinations and those who are in the first 5 to 6 years of their careers.

Commit yourself to successfully completing exams. While the process may seem rigorous now, this training will open doors for you in the future.
 
Seek out a mentor. You can learn a lot from other professionals who have traveled the same path before you.
 
Begin exploring resources available to you through professional organizations. Professional organizations can be a valuable source for learning and development, research, or to make connections with others in your line of work. There's a wealth of information available, so be sure to take advantage of it.
 
Learn about the history of actuarial profession. You've joined a profession with a long and vibrant history. Learn about our past, and take pride in the role actuaries have played in shaping our world today.
 
Begin thinking about your professional interest areas. While you don't have to make any concrete decisions, it's a good idea to start becoming familiar with different specialty focus areas within the profession.
 
Hone your elevator speech. Prepare a brief statement about what an actuary is and the important service we provide to organizations. The next time someone asks you about your job, you'll be prepared.
 
Keep the big picture in mind. Your work impacts others, and they'll want to know how your activities are helping the company succeed. Make sure your efforts always reflect the larger goals of your organization.
 
Be on the lookout for new opportunities. Now is the time to establish a proactive mentality about your career progression. Keep an eye out for new ways you can demonstrate your skills and your value to the organization.
 
Seek out training and experience in complementary fields. Actuaries need skills in a number of disciplines to effectively offer real-world solutions to complex problems. Look for opportunities to improve your skill set in finance, economics, statistics, business administration, management and other related fields.

Next Phase

   

Actuaries in the News

Five Steps to Rethinking Your Retirement Plan From Philadelphia Inquirer Anna Rappaport discusses risks in this article on retirement.

How Long Do You Have to Live? From CBS MoneyWatch.com Steve Vernon, FSA, discusses lfe expectancy and lifestyle in this blog post.

Be Careful When Using Retirement Calculators From San Diego Union Tribune  This article mentions the SOA's report on retirement planning software.

With Longer Lifefespans, Accurate Financial Planning Necessary From Philadelphia Inquirer This article mentions the SOA's report on retirement planning software.