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Checklist for Success

Phase 2: The Mid-Career Actuary

Roles & Encounters For actuaries who have completed their examinations and have acquired several years of experience.

Seek new leadership roles. Your experience and training has prepared you to take on new challenges, so you're ready to look for new roles with increased responsibility and visibility.
 
Elevate your profile in community. Help educate your community members about the role of actuaries by exploring opportunities to speak at local clubs and business meetings.
 
Choose your professional interests. You've acquired the skills, knowledge and experience to begin honing your expertise in a particular area. Choosing an interest area that you feel passionately about will make your career more rewarding in the long run.
 
Take an active role in professional organization's special interest committees. You can further your knowledge of your interest areas by actively participating in the many special interest committees available through actuarial professional organizations.
 
Polish your networking skills. Networking opportunities are all around you. Take advantage of these opportunities by connecting with your peers and colleagues at conferences and professional meetings.
 
Continue working with a mentor. You're an experienced professional now — but there's always someone with more experience. Spend time with a mentor and develop a relationship where you can safely explore challenging situations, seek coaching and advance your professional abilities.
 
Follow the trends affecting industries in which you operate. In order to contribute to the larger goals of your employer and clients, it's important to know where they fit in the larger business marketplace. Make a habit of reading relevant industry trade magazines and journals to keep up on important business issues.
 
Build your negotiation skills. Whether you're setting a contract for consulting services or gaining buy-in for a change in strategy, you'll need to know how to effectively negotiate.
 
Think about how you're communicating your work. Make sure you're communicating the value of your work in a way that is simple, straightforward and meaningful to others.

Next Phase


   

Actuaries in the News

Many Factors to Take into Account for Retirement From The Olympian This article references the SOA's 2000 Mortality Table.

Women Buying Health Policies Pay a Penalty From The New York Times SOA President Cecil Bykerk, FSA, MAAA, is quoted in this article on the differences in rates amongst males and females securing individual health insurance coverage.

Get Your Finances Ready for Retirement From Nightly Business Report This report referenced the SOA on retirement planning for women living longer.

Enterprise Risk Best Practices From Financial Executive The SOA's "Five Guiding Principles" of ERM are highlighted in this brief article. Note: A subscription is required to view this article.  


Give insight into issues facing the actuarial profession. Visit futurerisk.org.