Comprehensive Professional Development for Actuarial and Technical Professionals
Enhance your career as an actuary or technical professional with The Hartford's structured development program. Gain essential skills through exam preparation, mentorship, and on-the-job training. We support you with a flexible study schedule, access to materials, and a clear path to success—with a focus on leadership opportunities and specialized training. Our program also covers various career paths within the actuarial fields, ensuring you’re well-prepared for advancement and development in your professional journey.
Comprehensive Professional Development for Actuarial and Technical Professionals
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Presentation Transcript
Professional Development Actuarial Professionals Technical Professionals Mark S. Allaben, FCAS, MAAA The Hartford VP and Actuary
Actuarial Professionals • Exams • Leadership/Management • On-the-Job Training • Other Opportunities
Actuarial ProfessionalsExams • Study Time • 120 – 140 hours per sitting • Flexible Schedule • Study Materials • Buy/Borrow • Actex • CAS Library • Seminars – Exam Preparation • Study Group - Student Lead • Mentors
Actuarial ProfessionalsExamination Success Criteria • Pass One Exam Every Third Sitting (Three strike rule) • Three Strikes and Associateship • Company Wide Statistics • Peer Performance
Actuarial ProfessionalsAdditional Exam Support • Exam Overview Sessions • Study Techniques Sessions • Grading Process Explained • Exam Writing Tips
Actuarial ProfessionalsExam Study Policy Measurement • Pass Ratio Statistics • Where possible, The Hartford vs. Industry • By Exam • By Seminar Type • By First vs. Subsequent Sitting • Cost per Pass • Rewards
Actuarial Professionals Leadership/Management • Teams – Cross Functional • Supervision of Employees • Company Sponsored Training • Special Assignments • Advanced Education – Post Graduate Work
Actuarial Professionals On – the – Job Training • Exposure to Personal, Commercial and Specialty Lines • Exposure to Pricing, Planning, Reserving and non-Traditional Areas • Rotation Program – Formal Moves
Actuarial ProfessionalsOther Developmental Activities • Industry Committees • Government Affairs – Regulatory • Community Service • Professional Organizations
Technical Professionals(Non-Exam Track Analysts) • Who They Are • Career Paths • Exam Support
Technical ProfessionalsWho They Are • Former Exam Students • Individual Situations • Pure Non-Exam Takers • Desired Background • Skills Needed
Technical ProfessionalsCareer Plans • Clear Job Descriptions • Various Positions Depending on Utilization • Career Path • Clearly Defined Opportunities • Career Alternatives • Departmental Advancement vs. Pursuing Other Functions • Glass Ceilings
Technical ProfessionalsExam Support for non-students • What’s Included (maybe) • Borrow/Buy Materials • Exam/Material Fees • Seminar Fee • What’s Excluded • Study Time • Rewards for Passing
Technical ProfessionalDevelopment Plans • Leadership/Management • On-the-Job Training • Other Development Activities • Create a Structured Program
Professional Development Questions?