SOA - Society of Actuaries - Nomination and Election Process for the SOA Board of Directors

Nomination and Election Process for the SOA Board of Directors

The process begins with the Board of Directors identifying the issues facing the profession in the next few years based on strategic initiatives that are underway and priorities they have identified.
The Leadership Development Committee then identifies the skills and experience that would facilitate the work of the Board of Directors in addressing those issues.
Taking this information from the Leadership Development Committee, the Nominating Committee reviews the composition of the continuing members of the Board of Directors and begins the process of seeking out potential candidates who can provide the skills and experience needed in the SOA's leadership positions. In addition, the Nominating Committee determines if reserved seats may be needed on the Board. The Nominating Committee makes recommendations regarding reserved seats to the Board of Directors. The Board determines whether or not to approve the recommended reserved seats.
Notice of the Board of Directors election is posted on the SOA website and in the SOA e–mail newsletter. Any FSA who wishes may submit his or her name for consideration, and SOA members who wish to nominate other FSA's may also do so, by submitting the names to elections@soa.org. The Board of Directors, Issues Advisory Committee, Strategic Action Teams, Sections, committee chairs, employers and staff, etc. are asked to submit to the Nominating Committee names of members with the required skills and experience.
The Nominating Committee invites these nominees to apply formally for consideration to be on the ballot, and provides information regarding Board of Directors service. The Nominating Committee performs a review of interested nominees and identifies those who should be considered further in the next round of the process.
Nominees invited to continue in the process are sent additional information on Board of Directors service and are asked to complete a questionnaire that asks about their experience, strategic thinking, core competencies, teamwork, etc. The questionnaire is developed by the Nominating Committee, with input from the Leadership Development Committee as needed. The potential candidates also participate in an informational webcast and are interviewed by Nominating Committee members,
The completed questionnaires and interview results are reviewed by the Nominating Committee to determine the ballot of candidates, keeping in mind any reserved seat requirements established by the Board of Directors. The Nominating Committee submits the ballot to the Board of Directors for approval.

Nomination and Election Process for the SOA Board of Directors

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