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


Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 02-07-2019, 07:48 PM
InTheStudyCave InTheStudyCave is offline
SOA
 
Join Date: Nov 2016
Posts: 5
Default Looking for advice in consulting

Hello internet friends. I am looking for some advice on successfully transitioning to consulting from an insurance company. I worked for 2 years at a insurance company and started 3 weeks ago at a consulting company.

I am worried because I have not gotten much work. I don't know if this is normal. I've brought it up with several of my coworkers, my manager, and nearby managers.

For instance, yesterday I finished all my work and studied the whole day. Monday I also did nothing. Today I billed 1 hour and studied the rest of the day and now I'm typing this message at work.

My manager says there isn't much work right now and to sit tight. Is this normal for consulting companies? Am I going about it the right way to find more work?

I've never worked a consulting job before and I just want to get it right.

Thanks
__________________
VEE,P, FM, MFE, MLC, STAM

Last edited by InTheStudyCave; 02-07-2019 at 08:04 PM..
Reply With Quote
  #2  
Old 02-07-2019, 08:54 PM
Colonel Smoothie's Avatar
Colonel Smoothie Colonel Smoothie is offline
Member
CAS
 
Join Date: Sep 2010
College: Jamba Juice University
Favorite beer: AO Amber Ale
Posts: 48,446
Default

Look around. If your coworkers look bombarded, it's likely that will happen to you with time. Enjoy the downtime while it lasts.
__________________
Recommended Readings for the EL Actuary || Recommended Readings for the EB Actuary

Quote:
Originally Posted by Wigmeister General View Post
Don't you even think about sending me your resume. I'll turn it into an origami boulder and return it to you.
Reply With Quote
  #3  
Old 02-07-2019, 09:30 PM
Breadmaker's Avatar
Breadmaker Breadmaker is offline
Member
SOA
 
Join Date: May 2009
Studying for CPD - and nuttin' else!
College: Swigmore U
Favorite beer: Guinness
Posts: 3,871
Default

Quote:
Originally Posted by Colonel Smoothie View Post
Look around. If your coworkers look bombarded, it's likely that will happen to you with time. Enjoy the downtime while it lasts.


You can of course graciously offer to help out , but if there is nothing work wise to do, as I'm fond of saying, "Go study."
__________________
"I'm tryin' to think, but nuthin' happens!"
Reply With Quote
  #4  
Old 02-08-2019, 10:28 AM
yoyo's Avatar
yoyo yoyo is offline
Member
CAS
 
Join Date: Dec 2001
Posts: 22,692
Default

you've been there 3 weeks, don't worry about it
Reply With Quote
  #5  
Old 02-08-2019, 10:39 AM
Canadiens Fan Canadiens Fan is offline
Member
SOA
 
Join Date: Oct 2013
Location: Canada
Studying for LFV-C
Favorite beer: Blanche de Chambly
Posts: 4,377
Default

Quote:
Originally Posted by yoyo View Post
you've been there 3 weeks, don't worry about it


It's normal at the beginning.

InTheStudyCave, when you started your insurance job, were you busy during the first 3 weeks?
__________________
ASA LP LFV-C LRM
Reply With Quote
  #6  
Old 02-08-2019, 10:00 PM
Jemaine Clement's Avatar
Jemaine Clement Jemaine Clement is offline
Member
SOA
 
Join Date: Apr 2009
Posts: 608
Default

Consulting work tends to be very seasonal. Also, sometimes a person can only easily be integrated into an existing project at certain times (e.g. when work is ramping up rather than in full swing). Certainly feel free to talk to your managers or coworkers to get a sense of what's normal in your practice. But I wouldn't be particularly worried until a few months in, or if you start lagging behind others hired at the same time or later.
__________________
It's business time...
Reply With Quote
  #7  
Old 02-11-2019, 05:54 PM
Helena Lake's Avatar
Helena Lake Helena Lake is offline
Member
SOA AAA
 
Join Date: Jan 2019
Favorite beer: Whisky
Posts: 712
Default

Agreed with the comments regarding seasonality, and timing to bring a new person into an existing project. Study while you can, it's really really really easy to fall behind on exam progress in consulting.

If you really want to show initiative and be ready to roll, talk to your supervisor or manager about looking through some client files from the past six months or so. It'll give you an idea of how they go about peer review, documentation, etc. It could also provide some insight into what kind of work they do most often, some of the outliers, and maybe even a view into how different managers or principles approach similar work.
__________________
Disclaimers:
I am not funny, and I'm bad at picking up humor. Unless it's puns. I get puns.
I am not clever or devious, and I don't do subtext so I'll probably miss yours.
Text doesn't have intonation, so I might misinterpret your post. I'll ask for clarification if you do the same.
I like cats.
Reply With Quote
  #8  
Old 02-12-2019, 04:38 PM
mathmajor's Avatar
mathmajor mathmajor is offline
Member
SOA AAA
 
Join Date: Dec 2010
Location: Nowhere in particular
Studying for Japanese
College: B.S. Applied Math
Favorite beer: La Croix Grapefruit
Posts: 10,005
Default

Yeah, just browse through stuff and get up to speed. Don't you have client assignments?

They don't go through the process of hiring you if there's nothing to do. Give it time.
__________________
3.14159 26535 89793 23846 26433 83279 50288 41971 69399 37510 58209 74944 59230 78164 06286 20899 86280 34825 34211 70679 82148 08651 32823 06647 09384 46095 50582 23172 53594 08128 48111 74502 84102 70193 85211 05559 64462 29489 54930 38196 44288 10975 66593 34461 28475 64823 37867 83165 27120 19091 45648 56692 34603 48610 45432 66482 13393 60726 02491 41273 72458 70066 06315 58817 48815 20920 96282 92540
Reply With Quote
  #9  
Old 02-12-2019, 06:29 PM
InTheStudyCave InTheStudyCave is offline
SOA
 
Join Date: Nov 2016
Posts: 5
Default

Thanks for the encouragement! I'll keep trying to make myself useful.

I guess I still have the new hire jitters.
__________________
VEE,P, FM, MFE, MLC, STAM
Reply With Quote
  #10  
Old 02-12-2019, 07:02 PM
Helena Lake's Avatar
Helena Lake Helena Lake is offline
Member
SOA AAA
 
Join Date: Jan 2019
Favorite beer: Whisky
Posts: 712
Default

Quote:
Originally Posted by InTheStudyCave View Post
Thanks for the encouragement! I'll keep trying to make myself useful.

I guess I still have the new hire jitters.
Lol, in my experience, it takes about 9 to 18 months for those to go away. But maybe that's just me.
__________________
Disclaimers:
I am not funny, and I'm bad at picking up humor. Unless it's puns. I get puns.
I am not clever or devious, and I don't do subtext so I'll probably miss yours.
Text doesn't have intonation, so I might misinterpret your post. I'll ask for clarification if you do the same.
I like cats.
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 11:26 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 0.17969 seconds with 9 queries