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  #1  
Old 12-21-2017, 09:00 AM
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Default Self employed as a consulting actuary

I'm going to, soon, go out on my own and start my own consulting business/work for myself. I am setting up an LLC, updating my linkedin page, making a website, FB page and separate checking account ect.

As I am doing this I am wondering how important it is to call myself "President", "Owner, "Consultant", "CEO". It seems redundant. I work for myself and I really don't care to call myself anything other than a "Consultant". FSA and experience says it all. If it drums up business by someone searching for "President Actuary" then I will do it. However, I don't think it would.

Also, for the separate checking account, would a bank like me to call myself a "President/CEO".

Thoughts? Thanks!
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Old 12-21-2017, 09:09 AM
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HNIC

I'm sure it matters to some people, so on what some of the title-lovers on here think.
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Old 12-21-2017, 09:54 AM
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Been there, done that. My lawyer recommended a good accountant that did me a lot of good when setting things up and dealing the finances. This includes what you are talking about amongst a myriad of other things.
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Old 12-21-2017, 10:15 AM
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Prospective clients don't care about titles
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Old 12-21-2017, 10:21 AM
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Call yourself what you want, but I'm really interested in your startup.

What are your main motivations on going out on your own, and what services do you provide?
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Old 12-21-2017, 10:54 AM
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Call yourself what you want, but I'm really interested in your startup.

What are your main motivations on going out on your own, and what services do you provide?
I have these same questions
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Old 12-21-2017, 10:55 AM
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Long ago a software guy named himself "Head Honcho" of his company.
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Old 12-21-2017, 10:57 AM
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I will talk to an accountant and a lawyer, thanks - good recommendation.

Motivation?
I was let go from a large company from a RIF, and I don't want that to ever happen again.
I'd like to be a presenter at SOA meetings and if I am doing that, then I can drum up business.
I'm already doing it thru Jacobson Group and like the travel.
Hospitals in my area are starting to use Actuarial consultants and have tight budgets. I can be competitive.
I think I am a good communicator, creative enough and a hard worker to do well in consulting.
No daily commute.

I am going to be an Actuarial consultant for Health Insurance and LTC Insurance. I've got 20+ yrs experience, FSA, and have a few niches with SAS programming and finding errors/opportunities, cost saving opportunities, and playing with contracts both on the insurer side and provider side. Living between Chicago and Milwaukee I have a lot of potential clients too. Already have two that requested jobs beginning in 2018.
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Beer is ****ing amazing

Last edited by T-roy; 12-21-2017 at 03:22 PM..
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Old 12-21-2017, 11:22 AM
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CEO. Chief Everything Officer.
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Old 12-21-2017, 11:31 AM
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Originally Posted by Goldenhands View Post
Been there, done that. My lawyer recommended a good accountant that did me a lot of good when setting things up and dealing the finances. This includes what you are talking about amongst a myriad of other things.
:iatb:

Get a good accountant and consulting a lawyer would probably be a good idea too but the accountant for sure.
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