How does this role benefit the work of the organization and the profession?
Our industry is changing, and the SOA has teamed up with start-up incubator Plug & Play to keep actuaries on the front line of innovation. The SOA has joined the ranks of Plug & Play's advisor companies and will host “office hours” with start-ups over a two-week period in October 2021. An office hour session with a startup provides an opportunity for founders and leadership of new InsurTech companies to seek the advice of SOA members as they build their companies.
Responsibilities & Duties
We're looking for SOA members to serve as advisors for office hour sessions. Advisors will provide feedback on a variety of topics within the actuarial field, as well as offer deep expertise and domain knowledge. If you can provide great advice to a startup in the insurance field, please apply.
Expected timeline:
- Monday, Aug 23 at 5 p.m. Central Time - SOA volunteer application deadline
- September - Selection results communicated to all applicants
- Early October - Advisors are notified of startup matching results and provided with InsurTech profiles. Advising sessions will be comprised of one actuary and one start-up.
- Mid-October - Virtual meetings take place
- Late October - Collect feedback from advisors
After you apply, we’ll send a quick questionnaire to collect additional information on your interests.
Time Commitment
5-10 hours
Each actuary typically participates in 2 office hour sessions, each lasting for 45 minutes. We will provide short bios and company overviews of the startups seeking advice for you to review prior to the call.
Experience Required
Open to SOA Members, ASA or FSA
Knowledge of the requested Line of Business, regulatory requirement, and actuarial forces at play.
Opportunity Location
U.S. and Canada
Travel Required
None
SOA Training Required
Any necessary training will be provided.
Primary Area of Practice
- Accounting & Finance
- Investment & ALM
- Health
- Life
- General Insurance/P&C
- Retirement
- Risk Management
- Other
Additional Specializations
Open to all