Description: COVID-19 and the accompanying policy changes have disrupted virtually everyone’s personal and professional lives. In April 2021, the Society of Actuaries (SOA) surveyed members and candidates to understand the impact of COVID-19 on the careers of actuaries and aspiring actuaries. The survey was sent to 26,101 members and candidates. Approximately 7% (1,912) responded and included demographic information. In addition, the SOA investigated actuarial exam progress at an aggregate level. Here are highlights of the findings.

Description: Article suggests future steps with regard to this project and provides information on where to get the essays.

Description: This 1971 report, prepared by the Society of Actuaries Committee on Self-Administered Retirement Plans, provides mortality experience among pensioners under certain large self-administered plans. From Transactions of Society of Actuaries 1971 Reports.

Description: This is an introduction to the SOA call for essays around risk strategies pertaining to the diverse risks found in retirement. We are pleased that these essays can be included in this issue of Pension Section News, along with a short interview with each author.

Description: The Committee on Finance Research is pleased to make available a research report summarizing the results of a survey exploring market risk practices at insurance companies.

Description: This report provides an exploration of the potential impact of Artificial Intelligence (AI) on medical malpractice claims, with a focus on one specialty (radiology) and one state (New York). The discussions in this report are targeted to actuaries who are interested in developing a method to quantify the potential impact of AI to their own medical malpractice portfolio or to their own work.

Description: The Society of Actuaries (SOA) and Stanford Center on Longevity released a report exploring the feasibility of implementing the “Spend Safely in Retirement Strategy.

Description: Panelists discuss statutory valuation issues associated with life insurance premium guarantees. Topics include actuarial opinion and X-factor analysis, 2001 CSO and mitigation strategies such as product design, reinsurance and securitization, session 30OF of the 2004 Valuation Actuary Symposium.

Description: Companies can implement VM-20 as early as 2017. While there have been research and educational materials produced to help actuaries and others better understand the implications and implementation of the new requirements from a financial reporting perspective, little has been developed emphasizing the product development actuary perspective. This SOA research project examines the impact of VM-20 from a product development actuarial perspective. The research will help actuaries and others enhance current practices to optimize pricing and product development activities within a VM-20 framework as well as enhance intracompany communication and efficiencies related to VM-20. This session is a follow-up to the session at last year’s symposium and will focus on Phase 2 of the research project.

Description: We develop a model based on causal mortality in order to better understand inequalities in life expectancy across socioeconomic circumstances.