Helping members get in touch with members for independent peer support on career choices, professional advice and more
The introduction of this “IFoA Buddy System” service aims to provide IFoA members with access to experienced, qualified IFoA members who are willing to share their thoughts, experiences and skills with other members around the globe.
“Some of the most rewarding moments of my career have come from being able to help someone else move forward in their own personal journey as an actuary. I am therefore very pleased that the IFoA is setting up a new buddy system and I would encourage you to take part in this, not only to help more junior members of the profession, but also to help in your own personal development.” Matthew Pearlman; IFoA Fellow
How it works
You will need to be a member of the profession to access a list of qualified members (the buddies) who are happy to hear from you. This list will initially contain the following information for each Buddy:
- Geographic Location
- Email Address
- Practice area (i.e. General Insurance, Finance and Investment etc.)
Please note: Initially we were trialling this in the general insurance, finance and investment, and risk areas only. However, following very positive feedback from the pilot, we are now expanding this to all practice areas.
The service is entirely free and is based on members volunteering to provide this support. You should be aware that the IFoA does not monitor this service. Any views expressed or advice, recommendations or guidance given by members via this service are not reviewed or endorsed by the IFoA.
The Buddy System is an excellent way to have an impartial, informed chat with an experienced actuary about any issues you may face as you make your way through your career. I look forward to hleping many actuaries and future actuaries as they move through this great profession of ours. Tim Jordan, IFoA Member
Want to become a “buddy”?
You will need to be a qualified member of the IFoA, and:
- You will provide an avenue for another member to contact you and to arrange to meet/talk on a 1-2-1 basis with you (discussions may include long-term development goals, short-term career issues, sharing insights from experience)
- By volunteering to get involved, you will be happy for your details to be shared with all members of the IFoA, via the members’ area of the website and you will respond to any requests that you receive
- You will allow us to ask for some feedback from time to time to see how this is working in practice and to allow us to support you. We will adapt this request to suit you as much as we can and it will be as non-onerous as possible
Location is not a barrier, indeed we are keen to hear from qualified members around the globe.
If you volunteer to become a buddy you can, of course, step down at any time. Please contact us as soon as possible if you find yourself in this situation, and we will remove your name from the list (even on a temporary basis) at the earliest opportunity.
Interested? Then please contact the IFoA Communities Manager.
This service is facilitated by the Institute and Faculty of Actuaries (IFoA). Other than facilitating this informal support and discussion amongst members, the IFoA plays no role in how the service operates, i.e. the IFoA does not oversee how, where and when members meet and does not monitor and/or endorse the advice, guidance or recommendations that may be given by any member, or the processes or procedures that any member suggests. Nor is the IFoA responsible for the availability of, or follow up by, members to members. The IFoA accept no liability (to the fullest extent permitted by law) for any loss, damage, or inconvenience arising as a result of a member’s use of this service. The IFoA reserves the right at its sole discretion to exclude members from using this service if the IFoA considers that a member’s use is not in keeping with the purpose for which the service is provided.
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