For actuaries, the greatest barrier to advancement into the highest levels of insurance and consulting organizations is the lack of strong leadership and management skills. Studies show that while professionals typically take on management responsibilities within 10 years after starting their careers, they may not receive any formal training for 5-10 years after that. This puts them at a great disadvantage in managing their teams, in the short run, and becoming high-level leaders, in the long run.
The Leadership and Management Skills Workshop has been developed for mid-career actuaries who aspire to rise into C-suite roles. It is designed to focus on the critical leadership and management skills needed for actuaries to excel in high-level roles with an emphasis on practical application of these skills. Participants will walk away with the ability to apply new skills and approaches right away to improve their opportunities for advancement into key leadership roles.
The program is divided into three independent, but related, modules. The Business Execution Module is intended for experienced actuarial leaders. It includes a variety of highly interactive sessions on topics such as leadership competencies, business execution, strategic planning, and building a high-performance culture.
Join us for this in-depth workshop as part of your career-long professional development.
High Level Agenda
Day 1 (11:00 AM - 3:00 PM ET)
1. Building Leadership Competencies
2. Business Execution
o Vision/Strategy Development
o Building a High-Performance Culture
Day 2 (11:00 AM - 3:00 PM ET)
1. Open Forum Q&A
2. Business Execution (Continued)
o Financial Acumen/Understanding Business Results
o Managing with Metrics
Instructor:
Raymond E DiDonna, FSA
Principal, DiDonna Consulting, LLC
Ray DiDonna spent over 35 years in the life insurance industry, spanning direct insurance, reinsurance, and services. He successfully led several business units for three Fortune 500 companies, including GE, The Hartford, and RGA. He was also CEO of a Toronto-based insurance services provider, with his tenure culminating in record growth and profitability, and a national award recognizing the company’s high-performance culture.
Besides managing businesses, Ray is also passionate about leadership development and has trained and coached dozens of future leaders. He has written multiple articles focused on effective leadership and management skills and is a frequent industry speaker. He was the keynote speaker at the 2019 Actuaries’ Club of Hartford/Springfield Spring Meeting and was awarded “Outstanding Session” at the 2017 Society of Actuaries Annual Meeting. In 2022 Ray began partnering with the SOA to deliver this new, virtual leadership development program exclusively for actuaries which has trained nearly 200 participants to date.
Ray is a Fellow of the Society of Actuaries and holds both a bachelor’s degree and an MBA from the University of Connecticut.
Registration fee: $275