The actuarial profession is rapidly evolving with AI and changing business models reshaping how actuaries work. Career coach Jane Barrett, author of ‘Taking Charge of Your Career’ argues that actuaries must proactively develop three key areas to future-proof their careers.
Actuaries are experts in forecasting risks and preparing for uncertainty. But here’s the question: how often do we apply that same foresight to our own careers?
In my 25 years as a career coach, I’ve seen too many talented professionals adopt a ‘wait and see’ approach to career planning. When it comes to future-proofing your role, waiting to ‘find out’ is one of the riskiest strategies you can take.
The future is changing fast. AI, regulation, and shifting business models are already transforming the way actuaries work.
Take AI: McKinsey and others report that it can boost productivity and cut operational costs – but it will also reshape roles. The World Economic Forum’s Future of Jobs 2025 ranks analytical thinking as the #1 in-demand skill, closely followed by resilience, flexibility, and agility. In third place? Leadership and social influence.
It’s a clear signal: tomorrow’s actuary needs to blend technical expertise with adaptability and influence.
Start with a personal skills audit by asking:
Consider developing:
Once you know the skills you want, you can seek out projects, roles, and training that move you in that direction.
Coaching isn’t just for managers – it’s a core skill for any actuary who needs to influence, collaborate, or lead without formal authority.
Key coaching competencies include:
Frameworks like the GROW model (Goal–Reality–Options–Will) can make stakeholder conversations sharper, team discussions more productive, and conversations with staff more impactful.
Your personal brand is your professional reputation – what people say about you when you’re not in the room. In actuarial work, it can determine whether you’re seen as a technical specialist or a trusted strategic partner.
A strong brand might mean:
Together, they create a compounding effect – helping your career grow stronger, faster, and with more options.
Actuaries already understand compounding, diversification, and risk management. By applying those principles to your own career, you can:
In a world where technical skills are essential but not enough, actuaries who can adapt, influence, and lead will shape the profession’s future – rather than just reacting to it.
Don’t leave your career to chance. Join other members in a safe, supportive environment to explore your own career development, gain practical frameworks, and start to build valued skills that will set you apart.
Sign up today for our career development day:
Future ready leadership: from personal growth to team success
