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I went to an actuarial info session recently. When the department introduced its structure, one of the teams that caught my eyes was the strategic insights team. They are responsible for product performance analysis, planning and budgeting. According to the people I talked to, in most insurance companies their team falls under pricing. They are actuaries that take up less traditional actuarial roles - they interact more with the underwriters than with actuaries.
Since I had an internship in strategic planning/analysis in a financial services firm and will be starting my actuarial job soon, I am interested in roles that combine actuarial skills with strategic planning/analysis.
Does the actuarial department in your company have such opportunities? What are your thoughts on these roles? Are they usually available for entry-levels (0-2 years experience)? Are you going to learn less actuarial skills since the work sounds more related to business than actuarial analysis to me.
tl;dr: Thoughts on planning/strategic analysis roles within the actuarial department, either in general or for entry-levels with 0-2 years of experience?
I went to an actuarial info session recently. When the department introduced its structure, one of the teams that caught my eyes was the strategic insights team. They are responsible for product performance analysis, planning and budgeting. According to the people I talked to, in most insurance companies their team falls under pricing. They are actuaries that take up less traditional actuarial roles - they interact more with the underwriters than with actuaries.
Since I had an internship in strategic planning/analysis in a financial services firm and will be starting my actuarial job soon, I am interested in roles that combine actuarial skills with strategic planning/analysis.
Does the actuarial department in your company have such opportunities? What are your thoughts on these roles? Are they usually available for entry-levels (0-2 years experience)? Are you going to learn less actuarial skills since the work sounds more related to business than actuarial analysis to me.
tl;dr: Thoughts on planning/strategic analysis roles within the actuarial department, either in general or for entry-levels with 0-2 years of experience?
Strategic and Planning Team Within Actuarial Department?
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