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View Full Version : Should I start PD credits now ?


rhoucag
02-15-2005, 10:49 AM
I'm in a weird situation. I passed 8v in 10/2004. I have 5 PD credits from the 2000 conversion. My company is being disolved by the State and I'll be outta job around June-Junly 2005. And they're not paying for any professional dues or education.

My choice is to either pay for all the PD stuff myself and target November 2005 for the FAC or hold off until I'm employeed again. I can go ahead and finish, but I'll have to fork over thousands of dollars for the meetings. But I'm not sure waiting for a company to pay for it gives the best impression. Also, going ahead and finishing might help my chances.

Any thoughts?

dmc
02-15-2005, 02:50 PM
The number one question is do you have an advisor lined up that is willing to be your advisor after June-July 2005.

If so, you could file your initial plan, begin working on your project and order tapes to historical meeting sessions (10 tapes = $125 for 15 credits). This gets you 35 PD credits.

Once you are out of a job, you could then plan on attending an SOA meeting of which you can ask for a fee waiver (assuming you qualify given you are out of a job) -

see "http://www.soa.org/ccm/content/ce-meetings-seminars/registration-travel-policy/fee-waivers/"

You could try to stay off site in order to save on lodging.

If you no not have an advisor, you probably shouldn't do anything with respect to PD until you get a new job (and an advisor).

rhoucag
02-15-2005, 03:16 PM
Thanks for the help. I do have an advisor in mind, the only other actuary here. He probably will be around a month are two after June.

Are there any issues when your advisor is far away, but you're able to communicate via phone, mail, and email ?

dmc
02-15-2005, 06:50 PM
No real issues.

Once you have completed everything, You will probably have to go through the extra trouble of sending your "executed" (signed) documents to your advisor so he/she can sign them and then have your advisor send the final documents (with both your signatures) to the SOA. I know one person who did this.

Make sure that your advisor is an FSA who has been an FSA for at least five years as that is the SOA's required advisor qualifications. Other then that you should be good to go...and BTW, Congrats on getting to this point!

GadgetGeek
02-16-2005, 10:28 AM
Is there a lot of incentive to stay at the current job until the dissolution is complete? If not, get a new job as quick as possible. New employer would know your exam status and PD requirements from the interview process and should expect to help you finish (pay for seminars, etc) at that point.
That is just my opinion.

Woodrow
02-21-2005, 11:13 AM
..... This gets you 35 PD credits.



I believe this gets you 35 SOA approved credits. You can get non approved credits by attending or leading appropriate sessions around your office. Give a 1.5 hour talk to people in your office about actuarial current events and you have 4.5 credits.

Michel de Nostradamus
02-24-2005, 11:24 PM
Keep in mind that any PD credits earned prior to initial filing is limited to 15. You might want to fork out the PD registration fee of $150.00.

You have 25 months to complete - not ending later than 2007 June 30.

KK Mouse
06-07-2005, 01:35 AM
I am interested in earning PD credits from past seminar tapes. I would like to know what is actually needed to be done if I want to get 15 credits from past seminars. Thank you!!

Michel de Nostradamus
06-07-2005, 08:57 PM
Do some homework by reading everything:
http://www.soa.org/ccm/content/?categoryID=833077



tips......


SOA-approved:

http://www.soa.org/ccm/content/exams-education-jobs/candidate-and-exam-information/approve/

http://www.soa.org/ccm/content/exams-education-jobs/candidate-and-exam-information/professional-development/previous-meeting-sesions/


Browse here:
http://www.aven.com

KK Mouse
06-08-2005, 02:16 AM
Michel,

That's a very very useful tips for me! Thank you.

But do you have any example on what is needed to be done after listening (or watching) the tapes of different sessions. e.g. a report? how long is the report? what is needed to report? format? example?

Really thx!
Keith

Michel de Nostradamus
06-09-2005, 07:04 PM
http://www.soa.org/ccm/content/exams-education-jobs/candidate-and-exam-information/approv_explans/

These have some fine samples.