Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Careers - Employment
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

2017 ACTUARIAL SALARY SURVEYS
Contact DW Simpson for a Personalized Salary Survey

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 02-03-2019, 01:07 AM
debthesheep debthesheep is offline
Member
 
Join Date: May 2004
Location: LA
Posts: 74
Default Part time work for an ASA

Moderator - please feel free to move my post or tell me to move my post to the career discussion forum. I just felt that I had an unusual question so wasnít sure which discussion forum to put it in.

I am looking for ideas on what kind of part-time work an ASA can do. I have 16 years of experience in the health industry. I donít live in a big city so I am thinking I may have to branch out to do something non-actuarial. I am a mom of young kids and I had quit my full time job to take care of them. My younger child will probably start preschool for half-days in the fall and I am thinking of taking on a part-time job to help my family (my husband is in the middle of working on his second masters degree). Obviously, I want to maximize how much money I can make per hour. Just trying to get ideas on things I can look into. Becoming a financial advisor? Tutoring aspiring actuaries? (I doubt there are many in my small city). Has anyone even heard of part time actuarial work (20 hours or less per week)? (I have not.) Should I venture out in the direction of finance, accounting, teaching? I would like to leverage my past work experience, if possible, as it may help me get a better paying job. Just trying to brainstorm and would welcome ideas. Thanks!
__________________
Eternity Awaits!!
Reply With Quote
  #2  
Old 02-03-2019, 03:28 AM
Dr T Non-Fan Dr T Non-Fan is offline
Member
SOA AAA
 
Join Date: Sep 2001
Location: Just outside of Nowhere
Posts: 94,246
Unhappy

Quote:
Originally Posted by debthesheep View Post
Moderator - please feel free to move my post or tell me to move my post to the career discussion forum. I just felt that I had an unusual question so wasnít sure which discussion forum to put it in.

I am looking for ideas on what kind of part-time work an ASA can do. I have 16 years of experience in the health industry. I donít live in a big city so I am thinking I may have to branch out to do something non-actuarial. I am a mom of young kids and I had quit my full time job to take care of them. My younger child will probably start preschool for half-days in the fall and I am thinking of taking on a part-time job to help my family (my husband is in the middle of working on his second masters degree). Obviously, I want to maximize how much money I can make per hour. Just trying to get ideas on things I can look into. Becoming a financial advisor? Tutoring aspiring actuaries? (I doubt there are many in my small city). Has anyone even heard of part time actuarial work (20 hours or less per week)? (I have not.) Should I venture out in the direction of finance, accounting, teaching? I would like to leverage my past work experience, if possible, as it may help me get a better paying job. Just trying to brainstorm and would welcome ideas. Thanks!
Career question.
__________________
"Facebook is a toilet." -- LWTwJO
Reply With Quote
  #3  
Old 02-03-2019, 03:34 AM
Dr T Non-Fan Dr T Non-Fan is offline
Member
SOA AAA
 
Join Date: Sep 2001
Location: Just outside of Nowhere
Posts: 94,246
Default

Best idea is to ask a former boss. The will know you better than a complete stranger who has more options.
Tutoring is pretty flexible
__________________
"Facebook is a toilet." -- LWTwJO
Reply With Quote
  #4  
Old 02-03-2019, 06:02 AM
Kalium Kalium is offline
Member
 
Join Date: Dec 2014
Posts: 102
Default

Before looking at other options I would check out any actuarial opportunities. With remote working people can be based anywhere.

I have known people in your situation working part time, usually for their former employer, e.g. returning 3 days a week, then increasing to 4-5 as kids get older. Definitely worth getting in touch if you are still living within reach.

Search the directories for other actuaries living or working in your area. Small employers in particular may be very happy with part-time; someone wanting to work 2-3 days, possibly increasing to full-time in a few years can be a perfect fit.

Or you might find someone in a similar position to you wanting to job share.
Reply With Quote
  #5  
Old 02-04-2019, 08:10 PM
itGetsBetter itGetsBetter is offline
Member
CAS AAA
 
Join Date: Feb 2016
Location: Midwest
Studying for Exam 9
Favorite beer: Spruce Springsteen
Posts: 129
Default

I know a few part time actuaries. Besides the money, I think that is a good move because it keeps you connected to the industry and the network. It is also more engaging than tutoring, and so you will be more likely to stay in the workforce and increase your hours as your commitments at home decrease. As far as pitching it to your boss, you could fill a niche role like competitor analysis that doesn't require a lot of meetings or a rigid schedule but still challenges you and is needed by your company.
Reply With Quote
  #6  
Old 02-05-2019, 11:20 AM
Stephen Camilli's Avatar
Stephen Camilli Stephen Camilli is offline
Member
SOA
 
Join Date: Oct 2013
Location: Hyde Park, NY
College: Brown University Alumni
Favorite beer: Two-Hearted Ale
Posts: 98
Default

debthesheep,

I PM'ed you.

Thanks,
__________________
Stephen Camilli, FSA | President ACTEX Learning | Mad River Books

Click to view our Actuarial eLearning Offerings:
Webinars | Exam Prep | VEE Courses
Reply With Quote
  #7  
Old 02-07-2019, 12:54 PM
TDM612 TDM612 is offline
Member
SOA
 
Join Date: Aug 2014
Posts: 755
Default

Your situation sounds very similar to an old colleague I used to work with - she was out of the profession taking care of kids, and now returned for some additional income working part time at a large insurer. As stated above, I think that arrangement was only possible because she reached out to an old coworker that she herself used to manage, and joined under a special arrangement. I think it's possible, but the manager really needs to go out and bat for you on that one, I would assume.

If not, I would try freelancing sites these days - there's a ton of them out there like UpWork, where you can do one-off projects for a small fee, actuarial or not. The Jacobson Group also hires actuaries on short and long term projects. Good luck.
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 11:35 AM.


Powered by vBulletin®
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.12850 seconds with 9 queries