
Exploration Matters
As I reflect on a recent milestone in space exploration — the return of the Artemis II mission — I find myself drawn to one word: exploration. There’s something deeply inspiring about the combination of precision, curiosity, and courage required to venture into the unknown. Watching a spacecraft travel to the moon and back invites a sense of awe, but it also challenges us to shift our perspective—to see familiar things in entirely new ways.
That same spirit of exploration applies to the actuarial profession.
Actuarial work, much like space travel, is grounded in precision. We navigate complex models, analyze countless variables, and make informed predictions about uncertain futures. But if we focus only on the technical details, we risk missing the bigger picture. Just as astronauts gain a new perspective by viewing Earth from space, actuaries can benefit from stepping back and examining their work through a wider lens.
Exploration, in this context, doesn’t mean abandoning what we know. It means expanding it, and seeing with a fresh perspective.
For some, exploration may involve diving into emerging areas like artificial intelligence and data science. For others, it might mean applying the principles of behavioral economics to better understand decision-making or rethinking traditional retirement systems and financial structures. It could also take the form of engaging more deeply in professionalism, volunteerism, or cross-disciplinary collaboration. The possibilities are as varied as the profession itself.
What matters most is the mindset we bring to that exploration.
A growth mindset—the belief that abilities and understanding can be developed over time—is essential. It allows us to approach new challenges with curiosity rather than hesitation. Instead of viewing failure as a limitation, we begin to see it as part of the learning process. We become more willing to experiment, to ask questions, and to step outside of our comfort zones.
This shift is not always easy. As actuaries, many of us are inclined to think sequentially—to map out most of the steps before moving forward. While this approach has its strengths, exploration often requires a different way of thinking. It asks us to take the first step without having the entire path clearly defined, and to learn as we go.
In my own experience, this has been both challenging and rewarding. Whether considering new professional directions like expanding beyond traditional retirement systems into broader concepts such as total rewards or global perspectives, or navigating personal transitions like retirement and new life stages, I’ve found that embracing uncertainty can open doors to unexpected opportunities.
The key is to start small.
Exploration can begin with a single step: learning a new skill, engaging with a different area of practice, or approaching a familiar problem from a new angle. From there, we can follow an iterative process — explore, learn, adjust, and continue forward. Over time, these small steps can lead to meaningful growth and innovation.
It’s also important to remember that exploration is not limited to professional pursuits. It can extend into our personal lives, our communities, and the ways we connect with others. The same curiosity that drives us to improve our work can also enrich our relationships and broaden our perspectives beyond the workplace.
In a profession that is constantly changing, this openness is more than beneficial; it’s essential. The future of actuarial work will be shaped not only by technical expertise, but by our willingness to adapt, innovate, and engage with the unknown.
So, as we take inspiration from the vastness of space and the achievements of missions like Artemis II, consider what exploration means to you. What new areas spark your curiosity? What perspectives might you gain by stepping back and looking at your work differently? You don’t need to have all the answers. You just need to be willing to take the next step.
The results can mean “one small step for you, and one giant leap for the actuarial profession.”
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