Description: Description of the mathematics involved when looking at low probability events within a company from the perspective of the C-Suite. The accumulation of small probability events leads to a much higher probability of at least one of them happening in a given period.

Description: We will demonstrate three analytical tools along with a sample case study showing how they might be applied to a fictional actuarial organization within ABC Life. The goal is to highlight how they might be applied to perform a health check of an actuarial function organizational design. This can measure effectiveness quantitatively via benchmarking how an actuarial function might stack up against the industry and management expectations. The tools and techniques are critical for actuarial leaders and managers but are also relevant to all actuaries, since we can all benefit from understanding how our individual work efforts fit into the bigger picture of an organization.

Description: Editor’s note: This is the first article in a series of three covering the Society of Actuaries (SOA) Competency Framework. The subsequent articles will appear in future issues of the Actuary of the Future newsletter. The Society of Actuaries (SOA) Competency Framework is a powerful tool to enable you to design your future. Though it has been the SOA’s instrument for prioritizing continuing education and support to members since 2010, many actuaries are still not fully aware what a potent tool it can be to them in planning their personal careers.

Description: This article focusses on the results of a June 2020 survey by the Leadership and Development Section of the SOA on working remotely as an actuary. The article presents the questions and responses of the survey, and commentary on how to successfully navigate the remote work environment as an actuary - from the perspective of both a current organizational leader, and as a future organizational leader.

Description: This presentation is a panel discussion, session number 7PD, from the 1999 Valuation Actuary Symposium, held September 23-24 in Los Angeles. The panelists discuss how in practice there is considerable variation from company to company in the functions that fall within the corporate actuary’s role. They discuss variations in corporate actuarial functions, and corporate actuaries’ role in their company’s management structure. The panelists explore trends in the role of the corporate actuary, and what makes for an effective corporate actuarial function. Discussion from participants is included.

Description: This month, Expanding Horizons had the opportunity to interview Tim Boonen, the winner of the Society of Actuaries’ (SOA’s) second Actuarial Science Early Career Award.

Description: Article about how Toastmasters can benefit actuaries in several competencies areas.

Description: This article is a synopsis of the two Board of Governors meetings on January 10 and May 11. It describes the new basic education system, new reports adopted, new committees, extensions of grants, a new SOA journal and international membership.

Description: This article summarizes how to hire the best employees. Hiring the best employee means a whole lot more than marking off items on a checklist. It takes planning, prioritizing and the ability to spot potential.

Description: This article is about the need for actuaries and technical professionals to develop critical leadership and other soft skills, and highlights the ways the SOA Leadership & Development section provides tools to develop those skills.