Description: Profiles of five actuaries who pursued nontraditional careers, using their actuarial skills and experience in a new area.

Description: Over the past 20 years, the roles and responsibilities of actuaries have expanded dramatically. We have extended the use of our core skills, namely the ability to model and manage financial risk, to new practice areas, such as asset/liability management and capital management. At the same time, we have broadened our client base to include most types of financial services organizations, many of which are operating in a global environment. This article discusses what the growing role of the actuarial profession means for current and future generations of actuaries.

Description: This article is about actuaries succeeding in non-insurance environments. These pioneers of the profession are creating a new paradigm for the future. Most of those actuaries have similar traits: vision, ability to 'think out of the box,' initiative, desire, ability to take risk, a high level of intelligence, creativity, leadership, and industry standing. All of those traits plus actuarial skills and training equal a powerful combination.

Description: This article, by the Editor of 'The Actuary,' is about how the publication staff plans to give readers the information they need to grow with change.

Description: Reengineering has become a corporate buzzword of the 1990s. This article addresses why companies decide to reengineer and explores the risks, as well as the benefits.

Description: This article discusses reasons why the Society of Actuaries is not vocal in expressing its opinion.

Description: This article is about change, how it affects us, how we react to change, and how leaders need to be change agents.

Description: Insurance professionals are seeing the industry change before their very eyes, and many are being forced to change with it. But it seems those pushed and pushing the most are those touched directly by the Internet’s World Wide Web. In this article, seven executives and professionals are interviewed about their work on this new fast track. They sometimes had widely varying opinions, but they agreed on two points: the Web is rapidly forcing a restructuring of the way insurance business is done, and this will create new and perhaps more opportunities for actuaries.

Description: Among the most outspoken of the life insurance industry’s authorities is Ronald Butkiewicz, president and CEO, Irish Life of North America ILONA. In speeches to industry groups, including a 1995 presentation to the Actuarial Society of Greater New York, Butkiewicz makes the challenging statement, 'American society doesn’t need the life insurance industry. I am also quick to add that I don’t think American society needs banks, either.' However, said Butkiewicz in an interview for this article, 'It does need our products.' The article goes on to explain how Butkiewicz sees life insurance becoming part of one, big financial services industry.

Description: This article examines the trends facing the life and health insurance industry which consulting actuaries will need to address such as downsizing, outsourcing, technology and the need to be flexible.