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IAI Actuarial Core Principles · Business Management · Mission, business strategy, teamwork and time management

Rahul, a pricing actuary at a Pune general insurer, finds he spends much of each day answering emails and short interruptions, leaving his model review (important, no fixed deadline) unfinished for weeks. Which approach best reflects sound time management?

Rahul should block protected time for the model review and check emails in batches at set times. This protects important non-urgent work from constant interruptions, whereas reacting to every message, dropping the review, or simply working longer leaves the underlying problem unresolved.

  1. AAnswer every message immediately to maintain responsiveness
  2. BBlock protected time for the model review and batch email checks at set timesCorrect
  3. CDrop the model review because it has no deadline
  4. DDelegate the model review to a junior without any review or guidance
  5. Work longer hours each day without changing how time is organised

Explanation

Important but non-urgent work tends to be crowded out by interruptions. Scheduling protected time and batching emails addresses the cause. Ignoring the review or delegating it unsupervised creates professional risk, and longer hours does not fix the pattern.

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