CIA Annual Meeting Assemblée annuelle de l’ICA June 29 & 30, 2006  Les 29 et 30 juin 2006 Ottawa, Ontario Session PEN-21

CIA Annual Meeting  Assemblée annuelle de l’ICA The Actuary as a Sole Practitioner The Challenges and Rewards Session PEN-21

CIA Annual Meeting  Assemblée annuelle de l’ICA The Actuary as a Sole Practitioner The Challenges and Rewards Overview Investment Practice Life Insurance Practice Casualty Insurance Practice Pension and Actuarial Evidence Practice Session PEN-21

CIA Annual Meeting  Assemblée annuelle de l’ICA Common Elements of Sole Practitioner – Grow a business or one-actuary consulting office – Liability insurance is almost mandatory – Corporation provides structure & limited liability – Physical Office very flexible & can be anywhere – Communication links getting better all the time – Furniture & electronic equipment are inexpensive – MUST remain connected with other actuaries – Associates, affiliates & discussion groups – Boards of Trade, local networking groups Session PEN-21